JEDA Issues $134.6 Million Bond for Construction, Improvements, Refinancing at Rolling Green Village
Greenville, SC — Greenville County
The South Carolina Jobs-Economic Development Authority (JEDA) has issued $134,635,000 tax-exempt bonds for refinancing, improvements and new construction at Rolling Green Village in Greenville.
The Health Facilities Revenue and Revenue Refunding Bonds will be used to finance the construction of an additional 120 new independent and assisted units, finance capital improvements and replacement of equipment and fixtures, plus various amenities at the continuum of care retirement community. Additionally, proceeds will refund the Series 2024 JEDA bonds which previously financed the pre-development costs of the above-referenced Project.
Rolling Green Village is located on a 175-acre campus at 1 Hoke Smith Blvd in Greenville.
“Expanding our campus and refinancing previous debt allows us to reinvest in the long-term future of Rolling Green Village as we continue to provide safe, compassionate, high-quality facilities and care for our residents.”
Ryan Toerner, Executive Director at Rolling Green Village
“Projects like this demonstrate how tax-exempt bond financing through JEDA can support thoughtful growth and modernization in senior living communities here and across the State. We’re grateful to have a role in the process,” said Brad Love, Bond Counsel at Haynsworth Sinkler Boyd, P.A., in Greenville.
“Rolling Green Village has been an important member of the Greenville community for four decades, and JEDA is pleased to assist in the financing that helps an organization expand its services,” said Jesse A. Smith, Executive Director of JEDA in Columbia.
