Firm Client Provident Resources Group Serves as Owner in New $185M San Antonio Development
January 31, 2023
Fishman Haygood client Provident Resources Group, Inc. (PRG), in partnership with Preston Hollow Community Capital (PHCC), is the nonprofit owner of an interest in the new Los Cielos rental housing community located in San Antonio, Tex. PHCC and the San Antonio-based Brooks Development Authority recently closed the $185 million tax-exempt bond for the project’s development. Click here to read the press release.
PRG is a national nonprofit organization that undertakes a broad range of services, activities, and programs designed to promote health, education, and other charitable purposes. PRG also recently completed the $300 million refinancing of Howard University dormitories. Read more here.
Fishman Haygood LLP served as legal counsel to PRG, providing guidance on real estate, tax, securities, and nonprofit corporate law aspects of the transaction. The team was led by Louie Quinn and Jaimee Boyd.
Our attorneys have experience in real estate development (housing, office, retail, mixed-use, and industrial); real estate finance; affordable housing, student housing, multi-family housing and condominiums; commercial leasing (Landlord and Tenant); business and commercial transactions, partnership syndications, public-private partnerships, and public finance transactions. Click here to learn more about the firm’s Real Estate group.