The process to develop and finance Atlanta’s BeltLine, a proposed 22-mile loop of transit, green space and mixed-use development, has not been an easy one. But in December, lawyers from three Atlanta firms-Hunton & Williams, Greenberg Traurig and Murray Barnes Finister-worked on various aspects of the deal that resulted in a $78.1 million bond issuance that refinances some of the BeltLine’s debt on more favorable terms.
Douglass P. Selby, a Hunton & Williams municipal finance partner, represented the city of Atlanta and Atlanta BeltLine Inc. in the reissuance of $64.5 million in Series 2008 BeltLine tax-exempt tax allocation district TAD bonds, which were remarketed to new investors. Selby also worked on the issuance of about $13.6 million in new TAD bonds.
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