The CSDA Finance Corporation recently helped Ladera Recreation District secure a $1.2 million loan to support the much needed renovation of their 65 year-old swimming pool facilities. The district had not utilized a privately placed bank loan before. The CSDAFC consultant team from Brandis Tallman educated the district on the process and provided crucial information on the changing market during those early pandemic months of 2020.
With the assistance of the consultant team, the district had a better understanding of when to enter the market and were able to select a lender and close the transaction in April 2021. Construction is expected to start in September.
Bob Felderman, Board President, called the CSDAFC consultants “Super helpful, super professional, super informative.”
The CSDA Finance Corporation provides financing solutions for a wide variety of special district needs. Visit www.csdafinance.net for more information or to request no cost, no obligation rate quote.
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