Twain Financial Partners had another strong year in 2022 which brought with it many successes and a few challenges. Twain experienced continued growth in commercial real estate in the first half of the year, while the latter part of 2022 brought with it the most rapid increase in interest rates the market has seen in over a decade. Twain’s ground … Read More
Twain Financial Partners obtained a lending license from the United States Department of Agriculture (“USDA”), setting it apart from its competitors by allowing Twain to serve as a single-source capital deployer for qualifying projects. The USDA license gives Twain the ability to participate in the department’s nationwide OneRD Guaranteed Loan Initiative designed to encourage investment in rural areas and towns … Read More
Twain provided an aggregate of $14 million in Ground Lease financing to Rocket Car Wash, which helped fund the expansion into four new locations in California, Nebraska, and Iowa. The Omaha, NE location is fully operational, with the Iowa and California washes expected to be completed later in 2023. Rocket Car Wash is known for its industry-leading wash experience, as … Read More
Twain provided C-PACE financing for the construction of the 96-room TownePlace Suites by Marriott in Wentzville, Missouri. TownePlace Suites targets extended stay travelers with spacious suites and amenities including fully equipped kitchens, a market pantry, and guest laundry rooms. This project is the developer’s third hotel in the growing Wentzville market and it is expected to be completed by Q1 … Read More
Twain identified the 10 St. Louis-area nonprofits to which the specialty finance firm will donate a total of $100,000 this year in commemoration of its 10-year anniversary. The local nonprofits, each of which will receive $10,000 from Twain, were nominated and selected by Twain’s employees. Recipients include: ALIVE – Alternatives to Living in Violent Environments, which empowers domestic abuse survivors … Read More
Ten years ago, Marc Hirshman, Matt Badler, and Keith Willy left their jobs at U.S. Bancorp Community Development Corporation with the plan of starting a full-service specialty finance firm focused on tax credits and community development. Today, the company they formed – Twain Financial Partners – has grown to nearly 100 employees spread across 10 states, with offices stretching from California … Read More
On August 16, 2022, the Inflation Reduction Act (the “Act”) was signed into law. This legislation is the most comprehensive energy and climate policy for the US, which includes $369 billion in funding and tax credits for climate and energy programs. For the renewables industry, the Act may as well be named the “Energy Economy Act.” The Act provides decade-long … Read More
Whether we read, watch and/or listen to the news, most of us would conclude that every company providing financing solutions is ready not just to give up its office space, but to shut down completely. While I’d be lying if I said we aren’t facing challenges like our peers, with deals struggling due to rate increases and their other capital … Read More
In September 2022, Twain closed on $18 million in ground lease financing to fund the remaining construction costs and tenant improvements on a new, 73,603 square foot retail promenade in the heart of the Pro Football Hall of Fame Village in Canton, Ohio. The Hall of Fame Village is a mixed-use development designed to bring new life to Canton by … Read More
In September 2022, Twain provided $21 million of financing to The Buddy Holly Hall of Performing Arts and Sciences, named after the legendary singer-songwriter, Buddy Holly. The 220,000 square-foot multi-purpose performing arts and education campus is located in downtown Lubbock, Texas, and is home to the Lubbock Symphony Orchestra, Ballet Lubbock, Lubbock Independent School District Fine Arts, and touring Broadway … Read More
