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FINANCIAL_SERVICESAPPROVED

Knoxville's Community Development Corporation AgendaPacket 2026-05-28

CastleOak to purchase Riella at Oakwood bonds

Up to $45,000,000 (bond purchase agreement for Series 2026 bonds)Knoxville's Community Development Corp.CASTLEOAK SECURITIES LPMay 28, 2026

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WithersRavenel logo
Derivita logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

KCDC authorized execution of a Bond Purchase Agreement with CastleOak Securities LP for up to $45 million of Riella at Oakwood Series 2026 Multifamily Housing Revenue Bonds. CastleOak will purchase the bonds subject to agreed terms and applicable state and federal requirements.

Contract Details

Contract Amount

Up to $45,000,000 (bond purchase agreement for Series 2026 bonds)

Vendor

CASTLEOAK SECURITIES LP

Agency

Knoxville's Community Development Corp., TN

Contract Type

FINANCIAL_SERVICES

Document Date

May 28, 2026

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