ORIX Corporation USA’s Municipal and Infrastructure Business Completes $21.1 Million Tax Increment Receivables Purchase for a Central Business District Mixed Use Tower

Real estate low-rise construction building exterior with flat roof and playground for children in new residential area for sale. Urban development concept image

ORIX Corporation USA’s Municipal and Infrastructure business completed a $21.1 million purchase of property tax increment receivables that reimburse the developer for certain improvements to an office building redevelopment in downtown Dallas, TX. The building now features office, retail, and hotel space along with 324 luxury apartments.

ORIX Corporation USA Municipal and Infrastructure: Sole Investor

The deal above was not selected based on any performance criteria or contribution to any portfolio and reflects deals by ORIX USA’s Municipal and Infrastructure team, in some cases where final performance has not yet been determined. The deal was chosen by striving to select a variety of transactions that are representative of the type of financing provided by the Municipal and Infrastructure team diversified by sponsor, industry, role and size. A complete list of deals executed by the Municipal and Infrastructure team is available up on request.