Munis

Nonprofit Provident Resources Group is buying a five-year old student housing building that serves the University of Central Florida and Valencia College.

Issuance of housing bonds for the first half of the year was at $22.243 billion in 357 issues, up 31.7% from 1H 2023's figure of $16.891 billion in 381 issues.

Blackstone Inc. is refinancing tax-exempt debt for a 76-story residential tower in downtown Manhattan designed by famed architect Frank Gehry.

Chicago plans to bring to market $806 million of bonds on Thursday, a refinancing deal that will help close its fiscal 2024 budget gap.

The company hopes to come to market after completing negotiations on $6 billion of senior bank financing.

Some Midwest states, notably Michigan and Ohio, dipped well below a national average that saw roughly two of every three school bond measures approved in November.

The top 10 underwriters for healthcare issuance accounted for $20.056 billion in the first half of 2024.

The top 10 financial advisors for housing deals accounted for $12.595 billion in the first half of 2024.

The trifecta of sports team exits, homelessness and city leadership turnover has placed the San Francisco Bay area city on shaky fiscal ground.

November's total is below the 10-year average of $32.278 billion and is the lowest monthly total this year. The year's total is about $25 billion short of $500 billion.

A complex refinancing continues Chicago's break from past scoop-and-toss deals but front-loads savings to help balance its budget.

After lowering the city's issuer rating a notch to A1, the rating agency warned of a possible further downgrade or withdrawal of the rating.

The top 10 issuers of housing deals accounted for more than a third of total housing issuance.

A hearing for four separate federal lawsuits seeking to block the congestion pricing plan is set for Dec. 20.

The top five bond financings came in above $9 billion.

The tools come with risks, like legal challenges to "polluter pay" funds or potential corporate departures with cap-and-invest programs.

The Republicans are using "magic math" to disguise the cost of extending the TCJA, Sen. Elizabeth Warren said.

The future of infrastructure spending in doubt, helping to drive unity among professionals who interact with the municipal market.

The top 10 bond counsel for healthcare deals accounted for $12.32 billion in 63 deals in the first half of 2024.

Debt issuance and public-private partnerships could be in the financing mix for projects considered by the Arizona Water Infrastructure Finance Authority.