The Finance Authority and NorthPoint’s Partnership
- Partnered together in Groveport and Pickaway County on warehouse and distribution projects near Rickenbacker
- NorthPoint will have invested over $130 million in Groveport and Pickaway County when completed
- Finance Authority’s third project with NorthPoint issuing $110 million in financing the Groveport and Pickaway County projects
“The Columbus-Franklin County Finance Authority has had the opportunity to work with a variety of partners on projects that cultivate local communities. One of our most valued partners is NorthPoint Development, a Kansas City-based real estate development firm that focuses on industrial, multi-family and senior living markets.
This is our third project with NorthPoint and together with Pickaway Progress Partnership, our first project in Pickaway County. I hope this is the first of many partnership opportunities there,” said Jean Carter Ryan, President of the Finance Authority.
Why partner with the Finance Authority?
“Capital goes where it’s welcome, and that’s what I associate with the Finance Authority and its team,” said Brent Miles, VP of Economic Development at NorthPoint Development. “They’re the champions on the other side of the table – they were able to move rapidly and get it approved to meet our deadline. I cannot speak highly enough about our experience.”
The Finance Authority would like to thank our transaction partners, DiPerna Advisors and Roetzel & Andress, for their assistance on the financing.
If you’re interested in how we can partner on your next opportunity, feel free to reach out to us at [email protected], call 614.429.0177 or visit our website at www.columbusfinance.org.