Home | March 2011News | Green Bank Joins Select Group Financing Dynamo Stadium |
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Green Bank Joins Select Group Financing Dynamo Stadium
- Green Bank Joins Select Group Financing Dynamo Stadium
- March 03, 2011
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$77 million project, five years in the making, expected to bolster Houston economy.
Green Bank was in attendance yesterday, when Dynamo Stadium, LLC closed on their advancing term loan to finance construction for Houston's first Major League Soccer facility. Green Bank beat out nearly ten other financial institutions to join a small contingent of banks funding the construction loan.
The stadium construction costs are expected to total $77 million, which will be financed in part by equity from the Houston Dynamo's ownership group, a Tax Increment Reinvestment Zone jointly...
- View more at: http://www.1888pressrelease.com/green-bank-joins-select-group-financing-dynamo-stadium-pr-283288.html
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