Florida

Smith has more than 26 years of experience advising on municipal financings.

The deal will come to market despite the troubles of some other student housing bonds in Florida.

Major cuts to property tax revenue could push cities and counties to turn to less stable forms of revenue like sales taxes, analysts say.

Moody's cited the enterprise's exceptional cash position and strong debt service coverage.

Fitch's three-notch senior bond downgrade reflects "substantial credit risk."

The Florida train is struggling to generate enough revenue to pay its debt.

Eurostar veteran Nicolas Petrovic will oversee the Florida system while Mike Reininger will focus exclusively on Brightline West.

The dramatic downgrade projects a default by January 2027 on bonds issued to finance the Miami-to-Orlando passenger train service.

In a case stemming from a PACE bond authorization, the majority said language in Florida law giving finality to bond validations must be respected.

Two student housing developments in Orlando and Tampa, Florida, financed by speculative-grade bonds in 2024, have shown signs of strain.

Property taxation is being targeted in a growing movement across the nation for cuts or elimination to address homeowner angst over rising tax bills.

The Florida county is in the midst of executing a $9 billion capital improvement plan.

Moody's cited very narrow liquidity, very high leverage and concerns about delays in opening up a new campus.

Meanwhile, the Brightline West train project has floated a possible debt exchange ahead of its own mandatory redemption later this month.

Cities are responding to a state directive to remove symbols on crosswalks and other so-called distractions or risk losing state and federal funding.

The bonds are rated A-plus by three ratings agencies and are expected to have serial maturities from 2026 to 2055.

Fitch Ratings cited the hospital's growing revenue and other factors in lifting the issuer's outlook.

The financing challenges facing both Brightline projects have translated into falling bond prices.

While the cost of caring for older people can pressure municipal issuers, in states like Florida wealthy seniors can also contribute to economic vibrancy.

Deston High School defaulted on series 2021A, 2022A and 2022B bonds.