During “The Year which couldn’t end quickly enough”, Buck Financial Advisors closed 14 charter school transactions totaling about $350 million.\u00a0 Transactions ranged from tax-exempt bond issues for established organizations to subordinate CDFI loans for start-up operations to loans through the Equitable Facilities Fund.\u00a0 Many of these issues were to finance facilities for start-up schools operated by IDEA Public Schools and BASIS Charter Schools.\u00a0 Great Hearts Texas continued their PSF-backed expansion in the Lone Star State.\u00a0 High Tech High refinanced outstanding tax-credit and tax-exempt debt.\u00a0 Alliance for College-Ready Public Schools remarketed an outstanding QSCB transaction.\u00a0 Uplift Education put the finishing touches on their existing 5-year plan with an issuance of PSF-backed bonds.\u00a0 KIPP SoCal continued its expansion in the Los Angeles metroplex, also with bonds.\u00a0 And the Charter School for Educational Excellence in Yonkers currently refinanced outstanding tax-exempt debt.<\/p>\n
It was a year to be proud of for charter schools, who did much better than their traditional public school counterparts in ensuring students continued to receive an education, and especially in offering in-person learning.\u00a0 Despite uncertainty, most organizations stuck to their growth plans because they recognize the need for quality public education is so great.\u00a0 It was truly inspiring to interact with so many quality organizations and individuals every day.<\/p>\n
In the 20 years Buck Financial has operated, we have closed over 180 charter school transactions totaling over $4.6 billion.\u00a0 Buck Financial is blessed to work with some of the highest-quality organizations in the country.\u00a0 It is gratifying to continuing working with numerous returning clients, all of which are among the top performers in the charter school industry, as well as the addition of\u00a0 such organizations as High Tech High and BASIS Charter Schools.<\/p>\n
Buck Financial is also lucky to have relationships with so many lenders who share the mission of making quality education available in more and more communities.\u00a0 Most (not all) of these lenders hung in there with growing organizations despite the uncertain funding and operational environment.\u00a0 Buck Financial can help you to know with whom to partner and whom to avoid, and which financing sources would be a good fit with your organization.<\/p>\n
Buck Financial will continue to advocate for students and families to have a choice as to the kind of public education they feel is best for them, and to call out obstacles political and otherwise that need to be understood and addressed.\u00a0 Looking forward to the future for charter schools with energy, determination, and optimism.\u00a0 Grateful for everyone’s support!<\/p>\n","protected":false},"excerpt":{"rendered":"
During “The Year which couldn’t end quickly enough”, Buck Financial Advisors closed 14 charter school transactions totaling about $350 million.\u00a0 Transactions ranged from tax-exempt bond issues for established organizations to subordinate CDFI loans for start-up operations to loans through the Equitable Facilities Fund.\u00a0 Many of these issues were to finance facilities for start-up schools operated… read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-414","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts\/414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/comments?post=414"}],"version-history":[{"count":1,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts\/414\/revisions"}],"predecessor-version":[{"id":415,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts\/414\/revisions\/415"}],"wp:attachment":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/media?parent=414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/categories?post=414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/tags?post=414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}