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Firm
Profile
Founder Mark Laubacher has 18 years of development finance
experience as an investment banker for major Wall Street and
regional investment banking firms. His range and depth of
experience includes:
Apartment
Finance
• $270 million of bond financing for 38 apartment properties
l using a variety of credit enhancements
including FHA,
l Fannie Mae, insurance policies, bank letters
of credit and
l state housing finance agency programs.
• Financing Illinois' first and only two properties using both bond
l financing and HOPE VI funding. These two
developments total
l 226 units and used seven layers of financing:
FHA mortgage
l insurance, 4% tax credits, letters of credit
for "bridge bonds",
l tax increment financing (TIF) and incentive
financing from
l HOPE VI, HOME and Enterprise Zone (EZ)
funds.
Tax
Increment Financing
• $38 million of infrastructure funding for a steel processing and
l finishing plant for a joint venture of
Inland Steel and Nippon
l Steel located outside of South Bend, Indiana.
• $85 million of infrastructure funding for the new Sears world
l headquarters in Hoffman Estates, Illinois.
Convention
Center, Sports and Entertainment Facilities
Performed as the primary financial architect for:
• McCormick Place Convention Center South Building Expansion
l ($987 million)
• Navy Pier parking garage expansion ($18 million)
• New Comiskey Park home of the Chicago White Sox
l ($176 million)
• Milwaukee's convention center, the Wisconsin Center
l ($188 million)
• Miller Park, home of the Milwaukee Brewers ($270 million)
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