CONTRACTAPPROVED

Minnesota Health and Education Facilities Authority | State of Minnesota Awards Financial Services Contract to Marathon Capital Strategies LLC (November 2026)

Minnesota Health and Education Facilities Authority | State of Minnesota logoMinnesota Health and Education Facilities Authority | State of Minnesota
Disclosed value
Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000
From agendapacket
Approved
Nov 7, 2026
Renews
Free account

The 30-second brief

What it covers

The Authority approved the Glenhaven financing after reviewing Marathon Capital Strategies' municipal advisory work. The transaction was expected to issue up to $102.3 million of senior living revenue bonds for acquisition of nine Minnesota communities.

Who holds it

Marathon Capital Strategies LLC holds this financial services contract with Minnesota Health and Education Facilities Authority | State of Minnesota.

What happens next

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Contract details

Contract type
Financial Services
Amount
Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000
Document date
November 7, 2026
Term
Glenhaven Senior Living Revenue Bonds, Series 2026; mandatory tender estimated January 1, 2034
Renews
On record
Vendor
Marathon Capital Strategies LLC
Source document
Minnesota Health and Education Facilities Authority AgendaPacket November 10, 2026 (AgendaPacket)

More Minnesota Health and Education Facilities Authority | State of Minnesota contracts

Questions about this contract

Who was awarded the financial services contract by Minnesota Health and Education Facilities Authority | State of Minnesota?

Marathon Capital Strategies LLC was awarded this financial services contract by Minnesota Health and Education Facilities Authority | State of Minnesota, as recorded on November 7, 2026. The contract value is Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000.

How much is the Marathon Capital Strategies LLC contract with Minnesota Health and Education Facilities Authority | State of Minnesota worth?

The Marathon Capital Strategies LLC contract with Minnesota Health and Education Facilities Authority | State of Minnesota is valued at Glenhaven financing estimated at $87,050,000 and not to exceed $102,300,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Minnesota Health and Education Facilities Authority AgendaPacket November 10, 2026 (AgendaPacket), dated November 7, 2026 from Minnesota Health and Education Facilities Authority | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What is Minnesota Health and Education Facilities Authority | State of Minnesota currently buying?

Explore Minnesota Health and Education Facilities Authority | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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