Crescent Growth Capital, LLC

Structuring project financing to incorporate tax credit equity.

Press Releases

Amidst severe national credit crunch, Crescent Growth Capital closes over $35 million in financings in first six months

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With the successful closing in late March of a New Markets Tax Credit financing to establish St. Luke’s Medical Center within the former Little Sisters of the Poor facility on New Orleans’ West Bank, Crescent Growth Capital ends the first quarter of 2009 having structured $35 million of transactions incorporating tax credit equity in the six months since its founding.

“We are pleased to have received such a positive response from our colleagues in the industry in the months since we opened our doors, but we are still more satisfied with the assistance we have provided to Goodwill Industries and St. Luke’s in New Orleans, and to Neighborhood Centers, Inc. in Houston,” stated Managing Director Troy Villafarra. “Our helping to finance a new regional headquarters for Goodwill, a venue for additional medical services in Algiers for St. Luke’s, and a significant expansion of social services in Houston for Neighborhood Centers – all in the midst of severe uncertainty afflicting financial markets – speaks to the potency of the NMTC program.”

For more information, visit www.crescentgrowthcapital.com

Crescent Growth Capital opens its doors with New Orleans, Dallas locations

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Crescent Growth Capital, LLC is pleased to announce its debut last month as a skilled provider of financial advisory services for tax credit financing. Its four principals, Eric Finley, Ryan Kenter, Ray Rabalais and Troy Villafarra, possess a combined total of more than sixty years of banking experience coupled with a particular expertise in structuring transactions involving the use of New Markets Tax Credits.

“Since 2005, my colleagues and I have collaborated to close over $380 million of New Markets Tax Credit financings. We anticipate our new venture helping to further broaden the successful application of this comparatively recently-established federal government tax credit program, which has already generated several billion dollars of investment in America’s most severely disadvantaged communities,” stated Managing Director Ray Rabalais.

Crescent Growth Capital encourages project sponsors, community development entities, banks, and potential tax credit investors to contact its principals to learn more about the benefit they may derive from tax credit equity.

For more information, visit www.crescentgrowthcapital.com

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