For further information, call 503-641-5457.
Roeder & Company welcomes the addition of Victor Merced to its Advisory Board. Mr. Merced is the Executive Director of Hacienda Community Development Corporation. “Victor has tremendous experience serving low-income communities and communities of color with his long list of achievements in affordable housing and community development. His inclusion in our advisory board will further our efforts to reach out to non-profit organizations in Oregon,” said Reynold Roeder, CEO of Roeder & Company, LLC. Victor will join Bob McGill, Gary Neal, Matt Burton, Rob Adams, and Bob McKean on Roeder & Company’s Advisory Board.
For further information, call 503-641-5457. Roeder & Company, LLC and Enhanced Community Development are proud to announce the closing of a $4 million Oregon New Markets Tax Credit financing for the SAGE Center, an interactive visitor center in Boardman, Oregon that spotlights sustainable agriculture and energy industries in the region. The center’s exhibits focus on the state-of-the-art technology that companies at the Port of Morrow utilize in a wide variety of ways, from the production of crinkle-cut french fries to the recycling of rubber from scrap tires.
Roeder & Company and Enhanced Capital worked with the Port of Morrow, the developer of the project, to close one of the first financings under the Oregon State New Markets Tax Credit program launched in 2012. “The Port is excited to have been an early participant in the Oregon NMTC program. It’s another way to demonstrate the innovative thinking that takes place in this community,” said Gary Neal, General Manager of the Port of Morrow. The SAGE Center opened on June 1, 2013. For more information on the SAGE Center, please visit www.visitsage.com. Roeder & Company is pleased to announce today that Sara Roeder has been named Vice President. Sara has five years of underwriting experience in real estate and corporate finance, most recently working as the Senior Manager of Corporate Finance at Holiday Retirement, the largest provider of independent senior living in North America. While at Holiday Retirement, Sara evaluated corporate finance alternatives including debt refinancing, equity placements, asset sales, and acquisitions for the entire portfolio of over 300 assets and regularly provided recommendations to company executives. She also managed a portfolio of 39 independent living assets in the U.S. and Canada. Prior to her role at Holiday Retirement, Sara was an investment banking analyst at Credit Suisse where she was responsible for building complex financial models and generating investor sales materials for debt and equity offerings in the real estate and hospitality sectors.
To accommodate its expansion, Roeder & Company has opened a new office in Portland, OR. The new contact information is below. Roeder & Company, LLC 13635 NW Cornell Road, Suite 200 Portland, OR 97229 Phone: (503) 641-5457 Roeder & Company is pleased to announce that its CEO, Reynold Roeder, has joined the Board of Directors of Union Gospel Mission (“UGM”). “Roeder & Company and I have been supporters of UGM since 2005 when UGM completed their building expansion using New Markets Tax Credit financing. I appreciate the chance they have given me to play a greater role in their continuing success. UGM clothes and feeds Portland’s homeless. In addition, they provide addicts and alcoholics a chance to recover through UGM’s Life Change program”, said Reynold Roeder.
Mr. Reynold Roeder, CEO of Roeder & Company LLC was invited and spoke at the City of Beaverton NMTC Workshop on October 2, 2012. Mr. Roeder presented the Lime Wind transaction and a brief overview of the Oregon New Markets Tax Credit program.
Enhanced Capital Partners (“ECP”) and Roeder & Company announce the availability of $32 million in Oregon New Markets Tax Credit Allocation for Oregon projects. ECP’s subsidiary community development entity, Enhanced Capital Development (“ECD”), has been awarded $32 million of allocation by Business Oregon, the agency of the State that administers the program. ECD and Roeder & Company are currently sourcing Oregon transactions that are able to use $4 million of Oregon New Markets Tax Credit allocation, the program cap per transaction. “We are seeing a growing interest in the Oregon tax credit as we continue to advise developers, for- and not-for-profit operating businesses, and others on the mechanics of the program.” Interested parties should contact Mr. Reynold Roeder at 503-320-5540 or Mr. Richard Montgomery at 504-569-7904 regarding the applicability of Oregon NMTCs to their project or capital needs.
Albina Equity Fund I, LLC (“AEF”), a community development entity and subsidiary of Albina Community Bancorp, announced today the closing of an $8.4 million New Markets Tax Credit financing of Lime Wind, LLC’s 3 megawatt wind power project in Baker County, Oregon. Roeder & Company served as advisor to AEF. Cheryl Cebula, Chief Executive Officer of Albina Community Bank stated, “Roeder & Company was an essential advisor on this transaction. They provided valuable guidance and experience related to negotiating, structuring, and closing the transaction. Not only did they help us close the transaction, they also helped us set up compliance and reporting after the close.” Roeder & Company advises on renewable energy and tax credit transactions.
Roeder & Company is pleased to announce that they have advised Lightning Dock Geothermal HI-01 LLC (“Lightning Dock”) in connection with the negotiation and execution of a power purchase agreement with PNM Resources of New Mexico. Lightning Dock is a 10 -15MW geothermal project located in southwestern New Mexico and is anticipated to produce clean renewable power for the state of New Mexico. Lightning Dock is located in highly distressed rural census tract and is a subsidiary of Cyrq Energy, Inc. of Salt Lake City, Utah. Nick Goodman, CEO of Cyrq stated, “Roeder & Company provided us with the resources we needed to drive the purchase power contract to a conclusion. We are pleased to have completed such an essential milestone in the development of this project.” Lightning Dock represents the first utility scale geothermal project in the State of New Mexico.
For further information please call 503-320-5540. Roeder & Company, LLC was invited to present at the "In-Depth Tax Planning for Renewable Energy Projects" conference sponsored by Electric Utility Consultants, Inc. ("EUCI") on September 26, 2012 in Chicago, Illinois. Reynold Roeder made a presentation on the application of New Markets Tax Credits to the financing of renewable energy projects. "Speaking at events like EUCI's provides an opportunity for Roeder & Company to illustrate to renewable energy developers how NMTCs can facilitate the financing of their projects. Several developers have followed up seeking additional information", said Mr. Roeder.
Roeder & Company provides financial counseling and other services to renewable energy developers with projects in low income communities. For further information call 503-278-8019. Roeder & Company welcomes the addition of Robert McGill to its Advisory Board. Mr. McGill is the founder and CEO of Neighborhood National Bank, and serves on the board of the Community Development Banker’s Association, where he was previously the founding Chairman. “Bob has substantial experience serving low income communities. He gives us additional focus on the California market, and strengthens our national representation” said Reynold Roeder. Bob will join Gary Neal, Matt Burton, Rob Adams, and Bob McKean on Roeder & Company’s Advisory Board.
For further information, call 503-278-8019. |
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