Calaveras County: DLR has closed on two land-secured refundings for Saddle Creek, a golf community in the Sierra Nevadas. The Sales and Trading Desk found buyers who understood the developer’s long-term strategy.  •  Palmdale: DLR was sole Senior Manager on federally taxable Certificates of Participation so the city could acquire 600 acres for a 550-megawatt power plant to attract and retain businesses.  •  Chowchilla: DLR senior-managed a special bond for critical infrastructure improvement until development impact fees can be raised to support $93 million in residential, commercial and industrial projects.  •  Pittsburg: DLR was Senior Manager on a tax-allocation bond that raised almost $100 million for housing and other projects, and saved the city’s Redevelopment Agency another $3.5 million by refinancing earlier bonds.  •  Chula Vista: DLR senior-managed a tax-allocation bond after Chula Vista demonstrated that the future assessed value of the city’s Bayfront-Town Centre offsets a highly concentrated tax base.  •  Los Angeles: As book-running Senior Manager, DLR structured a $34.5-million pooled financing for the city’s Community Redevelopment Agency without a yield spread to adhere to the CRA policy to complete separation between project areas.  •  DLR senior-managed refunding of all outstanding debt at Ontario Airport, increasing the L.A. Department of Airports’ flexibility to define net revenues and its debt-service reserve fund – and reaffirm its “A” rating.  •  Long Beach: The city recently issued more than $190 million in redevelopment project financing, including $115 million of taxable bonds, in a Marks-Roos pooled issue to fund projects in five areas.  •  From naval base to housing space: Few could envision a new community when the Alameda Point Naval Air Station was decommissioned a decade ago. Today, a highly successful development with 300 homes occupies part of the old base.  •  Riverside County: DLR senior-managed a $25-million Mello-Roos financing to improve street, water, sewer, and other public facilities at Lake Hills Crest, a development with 512 single-family detached units.
 

Edward J. De La Rosa
President
Los Angeles Office
Tel: (310) 207-1975
edelarosa@ejdelarosa.com
Edward J. De La Rosa is the architect of De La Rosa & Co.’s California focus. The firm’s dramatic growth reflects its founder’s deep commitment to helping our public and private sector clients reach their financial goals.

Mr. De La Rosa began his career in public finance in 1983, and established De La Rosa & Co. in 1989. He developed the firm's practice with cities, redevelopment agencies, special districts and transportation authorities across the state, then expanded activities with larger issues facing complex challenges, including the State of California and numerous public utilities.

Mr. De La Rosa believes California businesses must be good corporate citizens, and founded the De La Rosa & Co. Charitable Foundation to give back to the diverse communities we serve. The firm is also committed to the highest level of business ethics in investment banking.

Mr. De La Rosa earned a Master’s degree in Management from Yale University in 1981, and a Bachelor’s in Political Science from the University of California, San Diego in 1979.
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