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In Depth: Tracking promises on the Build KCI project


In Depth: Tracking promises on the Build KCI project
Construction of the new single-terminal Kansas City International Airport has reached the halfway point with an expected opening date in early March 2023. The 41 Action News I-Team went in depth to see where the Edgemoor-led team stands on some of the promises it made at the start of the project.
and last updated 2021-04-06 19:36:37-04
KANSAS CITY, Mo. — The new terminal at Kansas City International Airport is celebrating its halfway point, with an expected opening date in early March 2023.
When Bethesda-based Edgemoor Infrastructure & Real Estate was chosen as the developer in 2017, the company was virtually unknown to most Kansas Citians. ....

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UB Community Development Announces $10 Million in New Markets Tax Credit Funds to $87 Million Coastal Growers Peanut Shelling Plant in Atmore


UB Community Development Announces $10 Million in New Markets Tax Credit Funds to $87 Million Coastal Growers Peanut Shelling Plant in Atmore
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ATMORE, Ala., Jan. 15, 2021 /PRNewswire/
 UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today the placement of $10 million of their New Markets Tax Credit (NMTC) allocation into Coastal Growers. UBCD, jointly with Baker Tilly, assisted in sourcing an additional $50 million in New Markets Tax Credit allocations from partner Community Development Entities including MuniStrategies, allocating $5 million, Rural Development Partners $15 million, Waveland $15 million and National Impact Fund $15 million.  Additionally, United Bank applied for and received a $40 million Business and Industry Loan Guarantee from USDA Rural Development to support the project financing. ....

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James J. Orozco Joins Lazard as a Managing Director, Financial Advisory


James J. Orozco Joins Lazard as a Managing Director, Financial Advisory
James J. Orozco Joins Lazard as a Managing Director, Financial Advisory
Lazard Ltd (NYSE: LAZ) announced today that James J. Orozco has joined Lazards Financial Advisory business as a Managing Director covering financial sponsors, effective immediately. Based in San Francisco, Mr. Orozco joins from GCA Advisors, where he served as a Managing Director.
As the market opportunity for private equity in the US continues to grow, the addition of James Orozco to our financial sponsors coverage team will strengthen Lazard’s depth and breadth of expertise across large cap, cross cap, and middle market private equity funds, said Peter Orszag, CEO of Financial Advisory, Lazard. James is an experienced banker with a proven track record of success and deep relationships with many of the most important private equity firms in the U.S., particularly in the technology, media and telecom industries. ....

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