Kosmont Muni Horizons Fund™ is a competitive pool fund owned and operated by Kosmont Realty Corp (KRC). It offers funding solutions for public agencies that wish to finance public assets in order to create a funding source for other economic development projects, special projects or, operations. The Fund also offers sources that can salvage stalled or seemingly failed real estate projects that require recapitalization in order to get back on track to a successful completion.
KRC uses its extensive network of funding partners to utilize fresh debt and equity capital in order to revitalize these failing projects. KRC identifies and secures sources for public agency projects that are responsive and cost effective.
The Kosmont Muni Horizons Fund™ can be utilized to finance several different types of projects. Funding is available for projects such as sale/leaseback financing for public buildings, parking lots and parking structures, and acquisitions of private buildings for public facilities. Sale/leaseback financing can help your agency access capital quickly, while offering a competitive long-term solution. Funding for distressed private real estate projects such as retail, industrial, office, mixed-use, multi-family, redevelopment, and transit oriented development is also available.
KRC’s history is deeply rooted in municipal, public finance and real estate transactions. Combine this experience with access to leading debt and equity sources, the Kosmont Muni Horizons Fund™ can help government agencies formulate and implement creative and customized strategies to salvage stalled or failed projects in today’s challenging environment.
The Kosmont Muni Horizons Fund™ bridges the gap between investors and municipalities and can facilitate the generation of tax revenue, ultimately restoring property value. This new program addresses a full spectrum of issues that public agencies face in finding capital for publicly owned assets and/or real estate projects by integrating customized strategies with investment capital sources that meet public policy and fiscal goals.