PHCC

A Toast (and Jam) to the Trades: SupplyHouse.com Headlines Workforce Panel Breakfast at PHCCConnect2023

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星期四, 十月 5, 2023

A Toast (and Jam) to the Trades: SupplyHouse.com Headlines Workforce Panel Breakfast at PHCCConnect2023

Key Points: 
  • A Toast (and Jam) to the Trades: SupplyHouse.com Headlines Workforce Panel Breakfast at PHCCConnect2023
    From October 25-27, SupplyHouse.com will be actively participating in and sponsoring several events at PHCCConnect2023.
  • Notably, the Melville, New York company will be headlining the Workforce Panel Breakfast on Friday the 27th.
  • This breakfast panel is particularly timely given the significant workforce shortage and the necessity to educate the younger generation about the ample opportunities and rewards the trades offer.
  • Given the popularity of the Workforce Breakfast, attendees are advised to arrive on time as space is limited.

First Onsite Property Restoration Acquires Case Restoration, Inc.

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星期二, 八月 22, 2023

GREENWOOD VILLAGE, Colo., Aug. 22, 2023 /PRNewswire-PRWeb/ -- First Onsite Property Restoration (First Onsite), one of North America's largest disaster recovery and restoration providers for commercial enterprises, has added Case Restoration, a full-service mitigation service provider, and general contractor based in Nashville Tennessee to its service locations. This acquisition is part of First Onsite's approach to providing exceptional experiences for clients by focusing on the expansion of critical services and timely responses.

Key Points: 
  • First Onsite Property Restoration (First Onsite), one of North America's largest disaster recovery and restoration providers for commercial enterprises, has added Case Restoration, a full-service mitigation service provider, and general contractor based in Nashville Tennessee to its service locations.
  • GREENWOOD VILLAGE, Colo., Aug. 22, 2023 /PRNewswire-PRWeb/ -- First Onsite Property Restoration (First Onsite), one of North America's largest disaster recovery and restoration providers for commercial enterprises, has added Case Restoration, a full-service mitigation service provider, and general contractor based in Nashville Tennessee to its service locations.
  • We are fortunate to build a relationship with a company such as Case Restoration which has maintained high standards and earned an impeccable reputation," stated Jeff Johnson First Onsite Global CEO.
  • Case Restoration is known in the middle Tennessee area as the "go-to" restoration provider specializing in large loss.

Oatey Co. Joins Forces with Major Cleveland-Based Manufacturers to Celebrate and Showcase Cleveland Manufacturing at National PHCC Connect Conference

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星期三, 八月 9, 2023

Oatey Co. is proud to announce its sponsorship and participation in PHCC Connect 2023 Cleveland, the premier national conference for plumbing, heating, and cooling professionals in the United States.

Key Points: 
  • Oatey Co. is proud to announce its sponsorship and participation in PHCC Connect 2023 Cleveland, the premier national conference for plumbing, heating, and cooling professionals in the United States.
  • The event will take place on October 23-26, 2023, in Cleveland, Ohio, at the Huntington Convention Center.
  • These companies will be positioned in a central area of the Exhibit Hall and some will also be offering plant tours to celebrate and showcase Cleveland manufacturing.
  • That same day, Oatey is proud to sponsor a Women in Industry Luncheon hosted by the PHCC National Auxiliary and Women in Piping and Plumbing.

Preston Hollow Community Capital Completes $85 Million Bond Purchase for Mixed-Use Development in Westbrook

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星期二, 八月 8, 2023

Preston Hollow Community Capital (“PHCC”) recently announced the purchase of $85.7 million in tax-exempt revenue bonds issued by the Finance Authority of Maine (“FAME”).

Key Points: 
  • Preston Hollow Community Capital (“PHCC”) recently announced the purchase of $85.7 million in tax-exempt revenue bonds issued by the Finance Authority of Maine (“FAME”).
  • Proceeds from the bonds will be used to fund the development of critical public infrastructure in a 65-acre mixed-use development in Westbrook, Maine known as Rock Row.
  • This transaction serves as a follow-on investment to PHCC’s original support of the Rock Row development through its investment in FAME’s 2019 bond issuance.
  • Preston Hollow Community Capital is a market leader in providing specialized impact finance solutions for projects of significant social and economic importance to local communities in the United States.

Preston Hollow Community Capital Completes $15 Million Financing for Avenir Community Development District’s Town Center

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星期一, 八月 7, 2023

Preston Hollow Community Capital (PHCC) announced the successful closing of a $15 million tax-exempt bond financing related to the development of a new 53-acre commercial Town Center at the mixed-use community in Palm Beach Gardens, Florida known as Avenir.

Key Points: 
  • Preston Hollow Community Capital (PHCC) announced the successful closing of a $15 million tax-exempt bond financing related to the development of a new 53-acre commercial Town Center at the mixed-use community in Palm Beach Gardens, Florida known as Avenir.
  • Preston Hollow Community Capital’s relationship with Avenir dates back to 2018 when PHCC purchased the Avenir Community Development District’s inaugural $63.4 million bond issuance.
  • PHCC has since provided an additional $168.7 million in tax-exempt debt financing to the development, along with $50.2 million in taxable debt and a $20 million loan.
  • “Preston Hollow Community Capital is pleased to strengthen our partnership with the Avenir Community Development District and grow our investment in the Avenir community,” said Ramiro Albarran, Co-Head of Originations at PHCC.

Elite Trades Championship Series Expands with the Inaugural Plumbing National Championship

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星期二, 八月 1, 2023

SYCAMORE, Ill., Aug. 1, 2023 /PRNewswire/ -- IDEAL Industries, a family-owned business that designs and manufactures products for the professional trades, and Intersport, an independent award-winning marketing agency headquartered in Chicago, today announced the expansion of the popular Elite Trades Championship Series platform with the addition of the inaugural Plumbing National Championship. The event aims to celebrate and showcase the exceptional skills of plumbers across the country and builds on the success of the other platforms in the Elite Trades Championship Series, which includes the ServiceTitan HVAC National Championship, the IDEAL Electrical Championship, and the U.S. Auto Tech National Championship, presented by Yokohama.

Key Points: 
  • The event aims to celebrate and showcase the exceptional skills of plumbers across the country and builds on the success of the other platforms in the Elite Trades Championship Series, which includes the ServiceTitan HVAC National Championship, the IDEAL Electrical Championship, and the U.S. Auto Tech National Championship, presented by Yokohama.
  • The Plumbing National Championship kicks off July 10 and will provide a platform for plumbers to compete head-to-head in a series of digital and hands-on challenges.
  • "We are incredibly excited to introduce the Plumbing National Championship to the 8th annual Elite Trades Championship Series," said Scott Mendel, SVP of the Elite Trades Championship Series.
  • The 2023 Plumbing National Championship will be featured on CBS Sports Network, providing national exposure for the plumbing trade.

Preston Hollow Community Capital Announces Additions to Originations, Finance and Operations Teams

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星期一, 七月 24, 2023

Preston Hollow Community Capital (“PHCC”) announced today the hiring of four professionals in its Originations and Finance and Operations teams.

Key Points: 
  • Preston Hollow Community Capital (“PHCC”) announced today the hiring of four professionals in its Originations and Finance and Operations teams.
  • Brett brings over 22 years of experience in treasury and investment banking with a background in real estate debt capital markets underwriting, CMBS origination, and ABS structured finance transactions.
  • Preston Hollow Community Capital is a market leader in providing specialized impact finance solutions for projects of significant social and economic importance to local communities in the United States.
  • Since its inception, Preston Hollow has raised $1.6 billion in committed, permanent equity capital from premier sponsors like Stone Point Capital, HarbourVest Partners and TIAA.

Preston Hollow Community Capital Relocates to PwC Tower at Park District

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星期四, 七月 20, 2023

Preston Hollow Community Capital ("Preston Hollow" or "PHCC"), a provider of specialized impact financing solutions for projects of social and economic importance to local communities, has relocated its headquarters to PwC Tower at Park District in Uptown Dallas.

Key Points: 
  • Preston Hollow Community Capital ("Preston Hollow" or "PHCC"), a provider of specialized impact financing solutions for projects of social and economic importance to local communities, has relocated its headquarters to PwC Tower at Park District in Uptown Dallas.
  • Jeff Funderburk of BHA designed the sixth-floor space for Preston Hollow, and Metroplex General Contractors served as GC for the project.
  • Preston Hollow Community Capital is a market leader in providing specialized impact finance solutions for projects of significant social and economic importance to local communities in the United States.
  • Since its inception, Preston Hollow has raised $1.6 billion in committed, permanent equity capital from premier sponsors like Stone Point Capital, HarbourVest Partners and TIAA.

PRESTON HOLLOW COMMUNITY CAPITAL AND NUVEEN REACH GLOBAL SETTLEMENT OF ALL LITIGATION CLAIMS, ANNOUNCE NUVEEN INVESTMENT IN PRESTON HOLLOW

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星期一, 四月 10, 2023

DALLAS and NEW YORK, April 10, 2023 /PRNewswire/ -- Preston Hollow Community Capital, LLC ("PHCC" or "Preston Hollow") and Nuveen, the investment manager of TIAA ("Nuveen"), have agreed to a global settlement and resolution of all outstanding litigation claims, including PHCC's New York case against Nuveen and John Miller and PHCC's Delaware suit against Nuveen.

Key Points: 
  • DALLAS and NEW YORK, April 10, 2023 /PRNewswire/ -- Preston Hollow Community Capital, LLC ("PHCC" or "Preston Hollow") and Nuveen, the investment manager of TIAA ("Nuveen"), have agreed to a global settlement and resolution of all outstanding litigation claims, including PHCC's New York case against Nuveen and John Miller and PHCC's Delaware suit against Nuveen.
  • With this resolution in hand, and supported by its parent, Nuveen is also making an investment in PHCC, becoming a significant minority investor.
  • "This timely and targeted investment by Nuveen in PHCC signifies a new era of cooperation between our firms.
  • "As a municipal-bond leader, with 125 years of experience, Nuveen is committed to finding new, creative ways to grow and evolve the market."

Preston Hollow Community Capital Closes $300 Million Howard University Housing Transaction

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星期二, 一月 24, 2023

Preston Hollow Community Capital recently announced the closing of a $300 million tax-exempt bond financing that will consolidate financing of the Towers, Drew, Cook, Quad, and Axis dormitories across the Howard University campus into one unified transaction.

Key Points: 
  • Preston Hollow Community Capital recently announced the closing of a $300 million tax-exempt bond financing that will consolidate financing of the Towers, Drew, Cook, Quad, and Axis dormitories across the Howard University campus into one unified transaction.
  • Preston Hollow Community Capital and Howard University have a track record of success together, beginning in 2017 when Howard and Preston Hollow structured a public-private partnership solution to address critical housing needs for its student body, faculty, and staff.
  • “We’re proud to continue our partnership with Howard University, a top-ranked higher education institution that is one of the nation’s most highly regarded Historically Black Colleges and Universities,” said Ramiro Albarran, Co-Head of Originations at Preston Hollow Community Capital.
  • Since its inception, Preston Hollow has raised $1.3 billion in committed, permanent equity capital from premier sponsors like Stone Point Capital and HarbourVest Partners.