Land to Lots

In this episode, Carter talks with Randy Rollo, President of Randolph Texas Development, related to his tax exempt $36.5MM – Municipal Utility District ("MUD") Forward Funding Capital Appreciation Bond on this Lariat project located in Liberty Hill, Texas. Randy's transaction represents the first of its kind tax-exempt, non-recourse bond issuance which essentially "forward funded" future MUD bonds thereby accelerating cash into the project proforma.

In this podcast you'll learn:

• How and why the MUD Forward Funding CAB was created;
• What is the MUD Forward Funding CAB;
• The advantages of the MUD Forward Funding CAB;

Randy Rollo: [email protected] (512) 750-0896

www.randolphtexas.com

Lariat Transaction Detail Sheet (LINK HERE)

Plus: Whenever you're ready here are 4 ways Launch can help you with your project:

1. Prepare a MUD Forward Funding Bond Analysis for your Project – If you have a project in Texas that has an established MUD, contact Carter Froelich (ADD MY EMAIL LINK) and have Launch prepare an initial MUD Forward Funding CAB bond analysis for your project.
2. Add Favorable Financing Language to Annexation and/or Development Agreements – Create certainty and flexibility related to your project's infrastructure financing by having Launch professionals prepare handcrafted favorable financing language for inclusion in your Annexation and/or Development Agreement.
3. Perform The RED Analysis™ on your Project – We have developed a unique process at Launch called The RED Analysis™ in which we preform a diagnostic review of your project to determine possible ways to Reduce, Eliminate and Defer infrastructure construction costs in order to enhance project returns.
4. Track Your Reimbursable Costs Utilizing The Launch Reimbursement System™ ("LRS") – Never lose track of your district eligible reimbursable costs and have Launch manage your district's costs reimbursement tracking, preparation of electronic reimbursement submittal packages and processing of your reimbursement requests with the district, jurisdiction and/or agency.

Complimentary Offers for Land to Lots™ Listeners

Complimentary Land to Lots book: https://www.launch-mpc.com/offer

Complimentary Bond Sizing Analysis: https://form.jotform.com/231376408765160

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

_________________________________________________________________________________

In this episode of Land to Lots™, Carter talks with Mike Zarola, Managing Director of Land Advisors Capital, and Chris Shiota, CEO and President of Lakebridge Capital, two of the industry's leading experts related to the provision of debt and equity for residential for sale development projects.

In this podcast you'll learn:

• The impact of rising interest rates and construction costs on the capital markets.
• What key metrics and criteria the equity and debt markets favor in relation to placing capital.
• How the existence of special districts (CFD, CDD, MUD, PID, etc.) impacts the credit decision.
• What steps debt and equity providers are taking to ensure the security of their investments.

Mike Zarola: [email protected] o | 512.675.7500 d | 512.827.3422 c | 512.922.8617

Chris Shiota: [email protected] d | 949.922.8030

Complimentary Offers for Land to Lots™ Listeners Complimentary Land to Lots book: https://www.launch-mpc.com/offer Complimentary Bond Sizing Analysis: https://form.jotform.com/231376408765160

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

In episode 31, Carter interviews Tony Avila of Builder Advisor Group in relation to the current state of mergers and acquisitions in the development and home building industry. www.builderadvisorgroup.com

In this episode you'll learn:

1. What is the current state of the development and home builder mergers and acquisition market?
2. If the increase in mortgage rates and lack of acquisition and development financing impact has made private home builders more willing to consider a sale to a larger builder?
3. What are the most important metrics that buyers consider when considering the acquisition of a builder?
4. Tony's most significant learning experiences gleamed ove

Tony Avila Contact Information O: 415 – 561-0600 M: 415 – 720-8503 E: [email protected] W: www.builderadisorgroup.com

For a complimentary CAB bond sizing click here and fill out the Financing Analysis Application Form.

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

GET YOUR COPY OF THE LAND TO LOTS BOOK HERE

In Episode 30, Carter discusses the creation of MUD Forward Funding Capital Appreciation Bond ("CAB") and why this new non-recourse, tax exempt, long term financing will prove to be an invaluable component of capital stack for Texas development projects utilizing MUD financing.

In this episode you'll learn:

1. How the Land Secured Launch Bond transaction led to the development of the CAB.
2. What three disparate financing structures make up the CAB.
3. The timing challenges with MUD financing that the CAB addresses.
4. The financial benefits of the CAB.
5. The details of the first CAB closed in Texas.

For a complimentary CAB bond sizing click here and fill out the Financing Analysis Application Form.

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

GET YOUR COPY OF THE LAND TO LOTS BOOK HERE

In this Episode, Pam Giss (Launch Principal) interviews Carter on his book "Land to Lots – How to Borrow Money You Don't Have to Pay Back and LAUNCH Master Planned Communities."

In this two-part series you'll learn:

1. Why Carter wrote the book.
2. What is the importance of being IRR driven or nominal dollar driven in relation to structure bond transactions?
3. What is the Launch Sequence?
4. Lessons learned over 30 years of working with developers.
5. How to create certainty and flexibility in transactions.
6. How to reduce or eliminate costs.
7. What constitutes a successful financing for Launch?

Show Notes

Get your complimentary copy of Land to Lots – How to Borrow Money You Don't Have to Pay Back and LAUNCH Master Planned Communities (pay shipping only),

By clicking on the link below:

www-launch-mpc.com

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

GET YOUR COPY OF THE LAND TO LOTS BOOK HERE

In this Episode, Pam Giss (Launch Principal) interviews Carter on his book "Land to Lots – How to Borrow Money You Don't Have to Pay Back and LAUNCH Master Planned Communities."

In this two-part series you'll learn:

1. Why Carter wrote the book.
2. What is the importance of being IRR driven or nominal dollar driven in relation to structure bond transactions?
3. What is the Launch Sequence?
4. Lessons learned over 30 years of working with developers.
5. How to create certainty and flexibility in transactions.
6. How to reduce or eliminate costs.
7. What constitutes a successful financing for Launch?

Get your complimentary copy of Land to Lots – How to Borrow Money You Don't Have to Pay Back and LAUNCH Master Planned Communities (pay shipping only)www-launch-mpc.com

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

GET YOUR COPY OF THE LAND TO LOTS BOOK HERE

In this episode Carter Froelich discusses strategies for recouping infrastructure costs associated with jurisdictional oversizing requirements.

In this episode you will learn how to:

1. Reduce performance bond costs;
2. Prevent jurisdictions from requiring oversizing;
3. Require that jurisdictions fund the oversizing;
4. Defer oversizing costs;
5. Establish reimbursement agreements / mechanisms;
6. Fund financing costs associated with oversizing.

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

GET YOUR COPY OF THE LAND TO LOTS BOOK HERE

In this episode, Carter interviews Launch's Reimbursement Service Business Segment Leader, Curry Froelich on the intricacies involved in processing Reimbursement Binders related to Special Districts.

In this episode you'll learn:

1. The most common mistakes developers make that can cost them millions of dollars as it relates to reimbursement processing.
2. How you can easily track your company or division's reimbursements.
3. How to manage your reimbursement cash flows.
4. The biggest challenge in reimbursement processing which can bring your reimbursement process to a screeching halt.

Contact Information for Curry Froelich [email protected] 1-855-970-0003 ext. 4356

Launch Reimbursement Process Brochure

Launch Control Matrix – MPC

Launch Control Matrix – Home Builders

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

GET YOUR COPY OF THE LAND TO LOTS BOOK HERE

This episode of Land to Lots, represent the recorded March 30, 2023, presentation given by Carter Froelich and David Godlewski, the President of The Southern Arizona Home Builders("SAHB"), to the National Association of Home Builders ("NAHB") – Land Development Subcommittee, related to the January 2023 Arizona Supreme Court's decision in favor of SAHB's action against the Town of Marana (Town") associated with the Town's increase in Water and Waste Water Development Impact Fees.

In this episode you'll learn about:

1. The concepts of "rough proportionality" and "levels of service";
2. Why impact fees can only be used to fund existing levels of service;
3. What can be done by the development industry to ensure that new growth is only paying its fair share costs required to service new development

LEARN MORE ABOUT AZ HB ASSOCIATION

Connect with David Godlewski: [email protected]

View the National Association of Home Builders SAHBA v. Town of Marana Powerpoint Presentation

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.

GET YOUR COPY OF THE LAND TO LOTS BOOK HERE

In this episode, Carter interviews Tripp Davenport, Director of FMS Bonds on the use of Public Improvement Districts ("PIDS") to finance public improvements in the state of Texas.

This episode will provide information on:

• Why the PID should be considered a public private partnership;
• Why is the PID similar to equity;
• What "surprise" should Texas developer be ready for when using a PID;
• How a Tax Increment Reinvestment Zone ("TIRZ") can combine with a PID to increase the bonding capacity of a PID;
• What will City's generally consider as a reasonable ad valorem property contribution to a PID.

Learn More About Tripp Davenport Here

Get the Texas PID Document Here

Get all the shownotes here Learn more about Launch Development Finance Advisors Connect with Carter Froelich Connect With Launch Development Finance Advisors

Carter Froelich – 480-828-9555 / [email protected]

Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.