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ORIX Public Finance Provides Financing For Office Building Leased To Georgia Department Of Human Services

Stocks in this article: IX

ORIX Public Finance, a specialty provider of financing for public and not-for-profit entities, announced a $5.7 million financing for the construction of an office building in Monroe, Georgia, leased to Walton County for use by the Georgia Department of Children and Family Services and the Department of Child Support Services. The 31,250 square foot office facility is being developed by Walton Development Partners, LLC; construction is expected to be complete by November 2012.

Andrew Garvey, Managing Director of ORIX Public Finance, said, “ORIX is pleased to continue helping public entities, such as cities, counties and states, as well as non-profit organizations fund facilities and infrastructure. As these needs arise and clients prefer not to issue public debt or seek bank financing, ORIX Public Finance is prepared to be a responsive source of creative and flexible funding programs that can be tailored to fit specific needs.”

About ORIX Public Finance

ORIX Public Finance uses its experience, resources and trading capabilities to be an active investor in and proprietary lender to the public and non-profit sectors. The group is located at ORIX USA’s headquarters in Dallas, Texas. ORIX USA is a financial and investment conglomerate with more than 1,400 employees and primary offices in Dallas, New York, Los Angeles, Columbus (OH) and Minneapolis (MN). ORIX USA holds approximately $6 billion of assets and manages approximately $25 billion through various subsidies. ORIX USA invests across the spectrum of commercial, real estate, venture and municipal finance and has operating subsidiaries in investment banking, multifamily agency lending and hedge fund management. ORIX USA ( www.orix.com) is the wholly owned subsidiary of ORIX Corporation, a Tokyo-based, publicly owned international financial services company with operations in 27 countries. ORIX Corporation is listed on the New York (NYSE:IX) and Tokyo (8591) Stock Exchanges.



Copyright Business Wire 2010

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