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.
 

John W. Kim
Principal
San Francisco Office
Tel: (415) 495-8863
jkim@ejdelarosa.com
John W. Kim is Branch Manager of De La Rosa & Co.’s San Francisco office, where he leads the firm’s land-secured and affordable-housing practices, and specializes in redevelopment, lease, housing and enterprise revenue bonds. As lead banker for the firm’s Northern California practice, Kim has worked closely with local officials from San Francisco and Oakland to Salinas and San Jose.

Kim works with clients on all aspects of project generation and public finance, from capital planning and bond structuring to tax analysis and investment advice. His professional registrations include a General Securities Registered Representative (Series 7) and a Municipal Securities Principal (Series 53). He has spoken widely on public finance and redevelopment, and is a member of the Committee on Special Assessments, Taxes and Other Financing Facilities (CASTOFF).

Kim earned Bachelor’s degrees in rhetoric and history and a minor in ethnic studies from University of California, Berkeley in 1997. That year the City of Berkeley commended him for contributions to the Commission of the Status of Women. He has taught at UCB and Berkeley High School, is involved with literacy and after-school programs, and serves on the board of the De La Rosa Charitable Foundation.
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