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Scarborough Square Debt-to-Equity Conversion Proposed with Orlo

Rockville Housing Enterprises
Document date
Mar 27, 2024

The 30-second brief

What it covers

Orlo, lender for Scarborough Square, is negotiating a debt-to-equity conversion requiring a change in ownership structure. The transaction is anticipated to conclude by June 2024, subject to City approval.

Who holds it

ORLO holds this financial services contract with Rockville Housing Enterprises. Its other public contracts on record include work for Rock Springs Housing Authority and City of Agnes.

What happens next

Term as filed: Debt to equity transaction expected to conclude by June 2024.

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Contract details

Contract type
Financial Services
Document date
March 27, 2024
Term
Debt to equity transaction expected to conclude by June 2024
Vendor
ORLO
Agency
Rockville Housing Enterprises
Source document
rockville-housing-enterprises-meeting-minutes-2024-03-27_9cb.pdf (Meeting Minutes)

ORLO's other public contracts

Rock Springs Housing Authority, WyomingOrlo Contracted Services Payment Approved by Council · Aug 4, 2026$9.5KRock Springs Housing Authority, WyomingOrlo Receives Payment Under City Contract · Jul 21, 2026$9.5KCity of Agnes, KansasCounty selects Orlo for social media management · Dec 18, 2025$6KTown of Mead, ColoradoTown Implements Orlo Social Media Platform · Jun 30, 2025UndisclosedRockville Housing Enterprises, MarylandOrlo loan extension gets approved with 10% interest · Mar 31, 2025UndisclosedAll ORLO contractsVendor profile

More Rockville Housing Enterprises contracts

Solara Infrastructure IncSolara Infrastructure Continues Asset Management Consulting Role · Apr 16, 2026UndisclosedGrady ManagementGrady Management Oversees Parkside Landing Operations · Apr 16, 2026UndisclosedSolar EarthSolar Earth Provides Utility Credit at David Scull · Apr 16, 2026WYNNLegacy Obligations From Former Manager Wynn Detailed · Apr 16, 2026UndisclosedRockville WaterUnpaid Rockville Water Bills Add to Vendor Aging · Apr 16, 2026UndisclosedAll Rockville Housing Enterprises activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Rockville Housing Enterprises?

ORLO was awarded this financial services contract by Rockville Housing Enterprises, as recorded on March 27, 2024.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in rockville-housing-enterprises-meeting-minutes-2024-03-27_9cb.pdf (Meeting Minutes), dated March 27, 2024 from Rockville Housing Enterprises. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ORLO hold?

ORLO may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Rockville Housing Enterprises currently buying?

Explore Rockville Housing Enterprises's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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