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Market Intelligence:
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Keeley Webster

Senior reporter
Connect with Keeley
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  • Erwin Tam, California Housing Finance Agency director of financing.
    California
    California housing agency's new multifamily credit is well-received

    The new California Housing Finance Agency credit pools multifamily housing loans.

    By Keeley Webster
    August 18
  • Construction of people mover guideway at Los Angeles International Airport.
    Public-private partnership
    Bonds for LAX people mover P3 land on Fitch negative watch

    The revenue bonds were issued through the California Municipal Finance Authority on behalf of LAX Integrated Express Solutions, the P3 project developer.

    By Keeley Webster
    August 3
  • Hassan Ikhrata, SANDAG CEO
    Career moves
    SANDAG CEO Hasan Ikhrata announces his departure

    Ikhrata told the board Friday that he would be stepping down from the San Diego County regional planning agency in December.

    By Keeley Webster
    July 31
  • Public finance
    SoCal affinity groups will host second annual mixer in Los Angeles

    The event drew more than 100 people in its inaugural year, and organizers hope to see the same interest this year.

    By Keeley Webster
    July 25
  • Terminal B at Sacramento International Airport
    California
    Sacramento County wants to pioneer TIFIA route for airports

    Sacramento International Airport wants to use newly created TIFIA authorization to help finance upgrades to its terminals and concourses.

    By Keeley Webster
    July 20
  • Bond ratings
    California community college gets ratings boost

    Moody's boost to Aa1 to the Desert Community College District affects more than half a billion dollars of general obligation debt.

    By Keeley Webster
    July 17
  • The Golden Gate Bridge
    Bond ratings
    San Francisco's ratings outlook from Moody's took a turn to the negative

    Moody's negative outlook pinned on rough economic seas ahead for the city, possibly through 2025.

    By Keeley Webster
    July 6
  • Nevada
    Former Nevada treasurer vies to lead state higher education system

    The Nevada System of Higher Education regents are expected to select a new chancellor by the end of June. Former treasurer Kate Marshall is a finalist.

    By Keeley Webster
    June 26
  • Vehicles on the State Highway 91 Express Lanes in Orange County, California
    Toll revenue bonds
    California OCTA refunding supercharged by two upgrades

    The upgrades brought the Orange County Transportation Authority managed lanes toll credit to double-A levels across the board.

    By Keeley Webster
    June 22
  • Jackson Walker launches public finance practice with five hires
    Career moves
    Orrick lawyers leave to launch Texas public finance group at Jackson Walker

    The departure of four attorneys marks the second group exodus in Texas this year for Orrick.

    By Keeley Webster and Karen Pierog
    June 22
  • California
    Downgrade to Bay Area's BART underscores pressure on California transit

    Weekday ridership on the farebox-dependent regional transit system is below 40% of pre-pandemic levels. Some lawmakers are pushing a state transit rescue package.

    By Keeley Webster
    June 8
  • Oregon
    Enrollment drop spurs negative outlook on Oregon university's bonds

    The negative outlook assigned to Portland State University's bonds by Moody's Investors Service affects $195 million of debt.

    By Keeley Webster
    June 2
  • Nevada
    Subsidy offer may pull baseball's Oakland A's to Las Vegas

    In the past few weeks, the A's agreed with Bally's on a site and reached a tentative agreement with Nevada lawmakers for a $380 million public handout.

    By Keeley Webster
    June 1
  • Politics and policy
    California bill that swaps travel ban for LGBTQ+ awareness campaign progresses

    As a growing number of states have adopted anti-LGBTQ+ laws, California's ban on travel to those states has created difficulties for the state.

    By Keeley Webster
    May 31
  • capell-mark-2023-cropped.jpg
    ESG
    California panel releases green bond disclosure guidelines

    The investor-driven committee created guidelines to help small- and medium-sized issuers provide more uniform disclosure.

    By Keeley Webster
    May 16
  • State budgets
    California's Newsom says no to RANs, yes to bonds in budget revisions

    The governor outlined what he called a balanced budget, though the revenue shortfall has grown by $9.3 billion to $31.5 billion since January.

    By Keeley Webster
    May 12
  • California
    Lawmakers approve stopgap funds for California's hospital crisis

    Lawmakers passed a stopgap $150 million loan fund for hospitals in fiscal distress, and will discuss longer-term solutions as the session progresses.

    By Keeley Webster
    May 11
  • Bond ratings
    Colorado River water users' ratings safe for now, S&P says

    A draft environmental report released by a federal agency could threaten California and Arizona's water supply, if the states don't reach an agreement on their own to protect the Colorado River.

    By Keeley Webster
    May 1
  • newsom-tulare-lake
    Disaster planning
    Storm-ravaged California weighs flood-control bond measures

    A series of atmospheric rivers and cyclone bomb storms in California have resulted in billions in damage. Lawmakers look to bond measures to help prevent future problems.

    By Keeley Webster
    April 27
  • Climate change
    Supreme Court rejects bid to move climate change lawsuits

    The oil companies had petitioned the justices to have climate change lawsuits brought by state and local governments heard in federal courts instead of state courts.

    By Keeley Webster
    April 26
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