Prassas Capital has closed a tax-exempt private placement for the Montessori of Maui independent school.  The proceeds of the financing will be used to finance new classrooms, a multi-purpose facility, and site preparation and improvements. As a small, unrated, first-time borrowing, the financing accomplished important objectives that were simply not possible with other alternatives: •   [...]

Anyone who believes that real estate has bottomed and is a buying opportunity should read this Bloomberg article.

 A departure from my standard topics, but since I have a daughter with Down Syndrome, my interest is obvious. Financing the Care of a Disabled ChildBy Mohammed Hadi The Wall Street JournalFebruary 4, 2007  Parents of children with severe disabilities can turn to their doctors for medical advice, their religious leaders for spiritual guidance, and [...]