PHCC

Preston Hollow Community Capital Completes $185 Million Financing for Residential Housing Development at Brooks

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星期四, 一月 19, 2023

Preston Hollow Community Capital (PHCC) recently announced the closing of a $185 million tax-exempt bond financing related to the development of a new build-to-rent residential community known as Los Cielos in partnership with the Brooks Development Authority, located in San Antonio.

Key Points: 
  • Preston Hollow Community Capital (PHCC) recently announced the closing of a $185 million tax-exempt bond financing related to the development of a new build-to-rent residential community known as Los Cielos in partnership with the Brooks Development Authority, located in San Antonio.
  • Preston Hollow Community Capital’s relationship with Brooks dates back to 2015 when PHCC purchased the Brooks Development Authority’s $54.9 million inaugural tax-exempt bond issuance.
  • Since then, Preston Hollow has provided an additional $43.5 million in tax-exempt debt to the area and $74.6 million in committed Opportunity Zone equity.
  • “Preston Hollow is pleased to grow our investment across the Brooks community and strengthen our partnership with the Brooks Development Authority,” said Ramiro Albarran, Co-Head of Originations at Preston Hollow Community Capital.

Preston Hollow Community Capital Completes $208 Million Bond Purchase For Assembly Community Improvement District

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星期二, 一月 10, 2023

Preston Hollow Community Capital recently announced the purchase of $208.7 million in assessment bonds related to the Assembly Community Improvement District in Doraville, Georgia within Metro Atlanta.

Key Points: 
  • Preston Hollow Community Capital recently announced the purchase of $208.7 million in assessment bonds related to the Assembly Community Improvement District in Doraville, Georgia within Metro Atlanta.
  • “Preston Hollow was pleased to work alongside Gray and the Assembly Community Improvement District to provide a tailored financial solution for this transformational project,” said Ramiro Albarran, Co-Head of Originations at Preston Hollow Community Capital.
  • PFM Financial Advisors LLC served as financial advisor to the Assembly Community Improvement District.
  • 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.

SupplyHouse.com Makes $75,000 Contribution to Support the Skilled Trades

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星期三, 十二月 14, 2022

MELVILLE, N.Y., Dec. 14, 2022 /PRNewswire/ -- SupplyHouse.com, a leading e-commerce supplier for the heating, plumbing, HVAC, and electrical trades, is donating $75,000 to support the next generation of tradespeople after their online followers found a lot to "like" about their recent Trade Tuesday campaign.

Key Points: 
  • Between November 25th and December 5th, the posts received over 37,000 combined likes, comments, and shares, amounting to a $75,000 contribution their biggest contribution to date.
  • The donation represents a $15,000 increase over last year's Trade Tuesday donation and a 25% year-over-year increase in post engagement.
  • The rapid rise in support speaks to SupplyHouse.com's recent efforts to cultivate an online community and create digital spaces for tradespeople to connect.
  • Making this contribution to PHCC is especially meaningful to us because of our shared commitment to support the future of the trades."

Turning Likes into Donations: SupplyHouse.com's Annual Giving Campaign Returns

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星期四, 十一月 10, 2022

MELVILLE, N.Y., Nov. 10, 2022 /PRNewswire/ -- SupplyHouse.com, a leading e-commerce supplier for the heating, plumbing, HVAC, and electrical trades, is planning a major giving campaign that aims to provide generational support to tradespeople.

Key Points: 
  • On November 25th, SupplyHouse.com will kick off their 13th annual Trade Tuesday initiative.
  • For every like, comment, or share on their Trade Tuesday social media post, SupplyHouse.com will donate $2 to support PHCC.
  • "Contributing to the PHCC Educational Fund through Trade Tuesday is definitely a highlight of the year for us," said SupplyHouse.com CMO, Mitch Harris.
  • "PHCC breaks down barriers so students can get connected with the trades, develop career skills, and explore opportunities in the industry.

Bradford White demonstrates industry support with PHCCCONNECT2022 partnership

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星期五, 九月 30, 2022

AMBLER, Pa., Sept. 30, 2022 /PRNewswire/ -- Bradford White Corporation, an industry-leading manufacturer of water heaters, boilers and storage tanks, will serve as strategic partner for PHCCCONNECT2022, the premier annual conference for plumbing, heating and cooling professionals, in Charlotte, N.C., in October.

Key Points: 
  • During the event, Bradford White Water Heaters will introduce innovative new high-efficiency technology at its exhibition booth.
  • In addition, Bradford White representatives, including Bradford White Corp. President and CEO Bruce Carnevale, will share industry and company insights at multiple scheduled presentations throughout the conference.
  • "Bradford White and PHCC share a commitment to the professionals who make up the foundation of our industry, and we're honored to support this important event," said Carl Pinto, Jr., senior director of marketing communications for Bradford White.
  • Bradford White Water Heaters is a full-line manufacturer of residential, commercial and industrial water heating, space heating, combination heating and storage products.

Interplay Learning continues building industry-leading training team

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星期四, 九月 22, 2022

AUSTIN, Texas, Sept. 22, 2022 /PRNewswire/ -- Interplay Learning, the leading provider of online and VR training for the essential skilled trades, announces the addition of two leading residential and commercial services authorities to its roster of training experts.

Key Points: 
  • "Ken and Dan share the vision that drives Interplay Learning to continue innovating," said Doug Donovan, founder and CEO of Interplay Learning.
  • "Interplay Learning offers an unprecedented opportunity to elevate the quality of training in the plumbing industry," Midgett said.
  • Interplay Learning, a global provider of scalable, highly effective hands-on digital learning simulations for the HVAC, plumbing, electrical, solar and facilities maintenance industries, is building better training, better careers and better lives for its customers and their employees.
  • Since 2016, Austin-based Interplay Learning has been building better training, better careers and better lives for its customers and their employees.

Preston Hollow Community Capital Completes $32 Million Bond Funding for Chester Upland School District

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星期四, 八月 25, 2022

Preston Hollow Community Capital recently announced the completion of a $32 million general obligation bond transaction for the Chester Upland School District in Delaware County, Pennsylvania.

Key Points: 
  • Preston Hollow Community Capital recently announced the completion of a $32 million general obligation bond transaction for the Chester Upland School District in Delaware County, Pennsylvania.
  • The School District will also use bond proceeds to fund capital projects at its existing facilities.
  • It was a pleasure to work with Preston Hollow to address several long and overdue capital needs in Chester-Upland School District, said Nafis Nichols, Receiver, Chester Upland School District.
  • 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.

Preston Hollow Community Capital Receives KBRA K2 Rating on Inaugural Issuance of Secured Commercial Paper Notes

Retrieved on: 
星期一, 八月 22, 2022

Preston Hollow Community Capital ("PHCC" or the "Company") announced today a K2 rating from Kroll Bond Rating Agency (KBRA) on the Company's up to $200 million Secured Commercial Paper Notes Series 2022 ("CP Notes").

Key Points: 
  • Preston Hollow Community Capital ("PHCC" or the "Company") announced today a K2 rating from Kroll Bond Rating Agency (KBRA) on the Company's up to $200 million Secured Commercial Paper Notes Series 2022 ("CP Notes").
  • The rating includes an initial $39 million CP Notes issued by PHCC, a wholly owned subsidiary of Preston Hollow Capital, LLC, founded in 2014 with headquarters in Dallas, Texas.
  • "The KBRA rating reflects the strength of our portfolio of social impact finance investments," said Chairman and CEO Jim Thompson.
  • 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.

PHA Recognizes Outstanding Members of the Pulmonary Hypertension Community

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星期三, 六月 22, 2022

ATLANTA, June 22, 2022 /PRNewswire-PRWeb/ -- The Pulmonary Hypertension Association (PHA) honored seven remarkable individuals on June 11 at an awards ceremony held during the PHA 2022 International PH Conference and Scientific Sessions in Atlanta.

Key Points: 
  • Seven pulmonary hypertension community members were honored at an awards ceremony at the PHA 2022 International PH Conference and Scientific Sessions in Atlanta.
  • ATLANTA, June 22, 2022 /PRNewswire-PRWeb/ -- The Pulmonary Hypertension Association (PHA) honored seven remarkable individuals on June 11 at an awards ceremony held during the PHA 2022 International PH Conference and Scientific Sessions in Atlanta.
  • PHA's Outstanding Member Awards recognize those who have exemplified dedication and service to the pulmonary hypertension community and PHA through volunteer efforts in patient and caregiver support; advocacy; promotion of quality patient care; and dedication to advancing pulmonary hypertension (PH) research.
  • Headquartered in Silver Spring, Maryland, the Pulmonary Hypertension Association (PHA) is the oldest and largest nonprofit patient association dedicated to the pulmonary hypertension (PH) community.

Preston Hollow Community Capital Joins Urban Health Plan for Groundbreaking on Bronx Community Health Center

Retrieved on: 
星期四, 四月 7, 2022

UHP provides high-quality, affordable medical, behavioral health, and oral health care services to medically underserved communities in the Bronx, Queens, and Manhattan.

Key Points: 
  • UHP provides high-quality, affordable medical, behavioral health, and oral health care services to medically underserved communities in the Bronx, Queens, and Manhattan.
  • View the full release here: https://www.businesswire.com/news/home/20220407005098/en/
    Todays groundbreaking represents a milestone for both Urban Health Plan and our community, said Paloma Hernandez, President, and CEO of Urban Health Plan.
  • UHP is a Federally Qualified Community Health Center with a network of 12 health centers, two outpatient mental health sites, 12 school-based health centers and two part-time facilities.
  • Preston Hollow Community Capital provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.