TITLE

Taxable $513M Military Housing Deal Latest in a Growing Trend

AUTHOR(S)
Vadum, Matthew
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/17/2005, Vol. 351 Issue 32092, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the military housing privatization deal closed by Clark Realty Capital with the U.S. Department of Defense. Number of housing units included in the taxable offering; Role of Lehman Brothers Inc. as the sole underwriter of the deal; Use of taxable military housing bonds to fund housing construction and renovation.
ACCESSION #
16458552

 

Related Articles

  • Billions in debt sales may follow military privatization plan. Meisler, Daniel // Bond Buyer;05/04/98, Vol. 324 Issue 30385, p28 

    Focuses on a US Department of Defense initiative to privatize several units of military housing in the Northeast. Estimated amount of taxable bonds arising from the changeover; Law authorizing the agency to enter partnerships with private developers to renovate and expand military housing;...

  • PRIVATIZATION NEEDS TUNEUP.  // ENR: Engineering News-Record;7/08/2002, Vol. 249 Issue 2, p12 

    Reports the expenses incurred by the U.S. Department of Defense to construct privatized military housing. Effects of privatization in levering federal funds; Views of the General Accounting Office on the financial assessment of privatization projects; Number of housing units under repair and...

  • Military Housing: Mission Accomplished, More to Come. Helwig, Bob; Brown, Jay // Bond Buyer;6/28/2010, Vol. 372 Issue 33340, p6 

    In this article, the author discusses the accomplishment of the U.S. Department of Defense's Military Housing Privatization Initiative (MHPI). The author mentions the revitalization of over 134, 000 rundown military family housing units, the elimination of the deficit of needed family housing,...

  • Sale of S580M in Taxable Military Housing Debt Set for This Week. Vadum, Matthew // Bond Buyer;7/26/2005, Vol. 353 Issue 32182, p3 

    Reports on a taxable $580 million Department of Defense military housing privatization revenue bond transaction involving 5,714 U.S. Navy housing units in Virginia and Maryland scheduled to sell during the last week of July 2005. Ratings received by three tranches of Mid-Atlantic Military Family...

  • Military Housing: Management Improvements Needed As the Pace of Privatization Quickens: GAO-02-624.  // GAO Reports;6/21/2002, p1 

    The Department of Defense (DOD) estimates that 168,000 military family housing units are inadequate, lack modern amenities, and are in need of major renovation and replacement. According to DOD, completing this work using traditional military construction methods would take more than 20 years...

  • Comfortable Living. Cahlink, George // Government Executive;Aug2002, Vol. 34 Issue 12, p24 

    Focuses on the improvements in the military housing from the Defense Department in the U.S. Aim to improve quality of life for the service members; Provisions of authority to military services for pursuance of the private-public ventures; Worth of cost for the housing project.

  • Privatization. Huyser, Kevin // Army Lawyer;Jan2004, Issue 368, p121 

    Focuses on the areas for improving the U.S. Department of Defense (DOD) tracking and reporting of progress being made in the Military Housing Privatization Initiative identified by the General Accounting Office. Review on the costs of DOD consultants used in support of military housing...

  • Muni Yields Rise 4-5 Basis Points; $1.1 Billion in New Issues Priced. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;10/8/2003, Vol. 346 Issue 31736, p2 

    Reports developments related to bonds in the U.S. as of October 8, 2003. Increase in cash bond yields; Total amount of consumer credit for the month of August 2003; General revenue bonds priced and repriced by Lehman Brothers Inc.

  • Rural Electrification. Saskal, Rich // Bond Buyer;9/9/2005, Vol. 353 Issue 32214, p31 

    Reports that the Wyoming Infrastructure Authority (WIA) has announced the completion of financing for its first electric transmission project. Structure of the deal as a private placement of WIA bonds with the investment portfolio of the state treasurer; Role of Lehman Brothers Inc. as private...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics