DALLAS – August 10, 2021 – Coats Rose attorneys Tim Green and Josh Bethke represented the lender in a $115,000,000 land acquisition and development loan for 3,000-acres in Celina, Texas. The loan provides acquisition and development financing and is integrated and secured in part with special revenue assessment bonds and contract revenue bonds to be issued by the city and a municipal management district encompassing the project.
Green specializes in public finance throughout Texas, including particularly the creation of special purpose districts to finance public infrastructure. He has been involved in the development of thousands of acres of land for residential and commercial purposes, and the issuance of over $15 billion of tax-exempt bonds for the financing of public infrastructure.
Bethke has a public finance practice focused on the creation and administration of special purpose districts throughout Texas, particularly in the Dallas/Fort Worth area. representing clients before various governmental entities, including: Texas Commission on Environmental Quality, cities, counties, and various regional service providers.
About Coats Rose, P.C.
Coats Rose is a transactional and litigation law firm focused on development: the development of real estate, special purpose districts, affordable housing, business and private wealth. We provide legal counsel to businesses, governmental entities, corporate and high-net worth clients across the U.S. and internationally. For over 30 years, the firm has leveraged its vast legal experience to fulfill clients’ needs spanning real estate law, public finance, affordable housing and community development, construction/surety law, commercial litigation, government relations, intellectual property, mergers and acquisitions, securities law, tax, wealth planning and preservation. In addition to its headquarters in Houston, Coats Rose has offices in Dallas, Austin, San Antonio, New Orleans and Cincinnati. Learn more at www.coatsrose.com.