Starwood is a large-scale project encompassing four Starwood Land communities—Cypress Green, Lago Mar, Sierra Vista, and Sunterra. Spanning multiple Municipal Utility Districts, the project will deliver over 14,000 single-family homes and more than 200 acres of commercial development. Residents will enjoy extensive amenities, including two crystal lagoons. This transaction marks the largest MUD receivable financing to date and the first refinancing of its kind, supporting the continued growth of these communities.
$195,767,000
5.000%
03/18/2025
Current Interest Bonds
Proceeds from the sale of bonds from: Harris Co MUD No. 547 (Cypress Green), Galveston Co MUD Nos. 56 & 59 (Lago Mar), Brazoria County MUD Nos. 32 & 53 (Sierra Vista), Harris Waller Counties MUD Nos. 4 & 5, Harris County MUD No. 569, Waller County MUD Nos. 35 & 37 (Sunterra)
Escrow fund for refinancing outstanding Series 2024 bonds and reimbursement of eligible public improvements
