Our Charter School Finance Group strives to help our clients acquire, build and improve facilities to best serve their educational communities. As a national leader in securing facility financing for charter school organizations since 2000, we understand that no two charter schools are exactly alike, which is why we offer customized financing solutions that are tailored to the particular needs of our diverse charter clients. Whether charter organizations are focused on needs for a single campus, multiple schools or a multi-year growth plan, our dedicated team of bankers assist charter school borrowers across the country in raising capital for facilities through the issuance of tax-exempt and taxable bonds.

Areas of Expertise

We recognize that charter schools are part of the educational fabric of this country and, as such, we have a team of specialists and dedicated resources to serve charter organizations. Leveraging our strength as one of the strongest and most stable investment banks in the country, we have been a leading underwriter of charter school bonds for 20 years.

We specialize in the processing, structuring and issuance of tax-exempt and taxable bonds for charter facilities projects, including:

  •  

    Facility and Land Acquisition

  •  

    Refinancing of Prior Financing

  •  

    New Facility Construction/Development

  •  

    Equipment and Technology

  •  

    Existing Facility Expansion and Improvement

Since 2000, RBC has financed over 200 charter school projects for more than 100 organizations and raised over $3 billion for the acquisition, construction, renovation, leasehold improvements and related costs of these projects.

Client Centered Financing Solutions

At RBC we understand from 20 years of experience serving charter schools that the charter movement has been driven by innovation and focused efforts to expand student options and improve educational outcomes. We work with charters with a wide variety of educational missions and, to be responsive to those unique organizational needs, we employ a variety of structuring and distribution techniques to provide tailored financing solutions for charter school clients.

We craft debt solutions to meet our clients’ programmatic and financial goals. This approach is reflected in the financing outcomes we secure for the clients that we serve.

Recent Transactions

Recent Transaction Tombstones

Our Team

National Coverage

John R. Snider

Managing Director & Sector Head

+1.602.381.5361

Mr. Snider joined RBCCM in 1989 and since that time has been involved with over $10 billion in municipal bond financings for a variety of cities, counties, special districts, charter schools, school districts, universities and state agencies. While Mr. Snider has a wide variety of experience, his primary area of expertise has been financing for K-12 education borrowers, including charter schools.

Mr. Snider heads RBC Capital Markets’ Charter School Finance Group. Since 2000, RBC Capital Markets has financed in excess of 100 charter school projects for over 50 charter school organizations, securing over $1.5 billion for acquisition, construction, renovation, leasehold improvements, refinancing and related costs for charter schools. RBC Capital Markets’ Charter School Finance Group has financed charter schools in multiple states, including Arizona, California, Florida, Illinois, Indiana, Massachusetts, New Jersey, North Carolina, Ohio and Texas. Mr. Snider has served as RBC's lead banker for Aspire Public Schools, BASIS Schools and Great Hearts Academies, among others.

Outside of the K-12 education area, high profile bond financings lead and completed by Mr. Snider include $350 million of research facilities for the University of Arizona and $450 million for the Arizona Sports and Tourism Authority’s share of the home stadium of the NFL Arizona Cardinals and MLB spring training facilities.

Mr. Snider received his Bachelor’s of Science degree in finance from Arizona State University, graduating summa cum laude, and his Masters in Business Administration from the University of Chicago.

Mr. Snider’s community involvement includes sitting on several boards, including serving on the executive committees and as Board Chair of the Phoenix Boys Choir Association and Arizona School for the Arts, an excelling Arizona charter school, as well as being a member the board and advisory committee of the Arizona Charter School Association.

Bio

Regional Coverage

Greg Dawley

Managing Director
California

+1.213.362.4126

Greg Dawley is a Managing Director in the Los Angeles office & California Regional Municipal Manager for RBC Capital Markets. 

Mr. Dawley has served over 23 years in the municipal finance and governmental industries. He focuses on a wide range of issuers throughout the Western Region, including those in the general government, utilities, public power, transportation, higher education and K-14 sectors. 

Before his career in public finance, Mr. Dawley served as Assistant Chief of Staff to Los Angeles Mayor Richard Riordan. Previous firms include Morgan Stanley, Merrill Lynch, Banc One Capital Markets and J.P. Morgan Securities. 

He is active in his community, serving on the Advisory Board of the Taubman Center at Harvard University’s JFK School of Government. 

Mr. Dawley graduated with an M.P.P. from the University of Southern California and a B.A. in Political Science from the University of Michigan.

 

 

Bio

Nate Eckloff

Managing Director
Colorado & Florida

+1.303.595.1206

Nate joined RBC Dain Rauscher in 2002. In his 30 years in the public finance profession Nate has assisted in the structuring, rating and marketing of over $16 billion in municipal bonds.  His investment banking experience covers a wide range of Colorado, Florida, Wyoming and Nebraska issuers. These clients have issued a wide variety of tax-exempt and taxable municipal bonds including general obligation bonds, water and sewer revenue bonds, special assessment bonds, sales tax revenue bonds and lease purchase certificates of participation.

 

A considerable amount of Nate’s public finance practice involves development related finance focused on funding improvements to enhance development through the use of special districts and re-development agencies.  Special districts finance a wide variety of public infrastructure including water, sewer, streets, sidewalks, park and recreation facilities, storm water drainage and other public improvements. His special district financing includes: 

Florida Development Districts:

  • Northern Palm Beach County Improvement District
  • Northern Riverwalk Community Development District
  • Portofino Isles Community Development District
  • Portofino Landings Community Development District
  • Creekside Community Development District
  • Riverpoint Community Development District
  • City of Port St. Lucie Special Assessment Districts:

 

    • Southwest Annexation
    • Tesoro
    • Glassman
    • River Place 

Colorado Special Districts:

  • Sand Creek Metropolitan District
  • Rampart Range Metropolitan District
  • Larkridge Metropolitan District
  • Southwest Plaza Metropolitan District
  • Castlewood Water District
  • Greenwood Plaza Metropolitan District
  • Hyland Hills Park and Recreation District
  • North Jefferson County Park and Recreation District 
  • Southtech Metropolitan District
  • South Denver Metropolitan District
  • Goldsmith Metropolitan District
  • Carbondale and Rural Fire Protection District                                                                                      

Mr. Eckloff is a past President of the Colorado Municipal Bond Dealers Association. He has spoken at numerous Public Finance conferences and seminars including the Bond Market Association Conference, the Colorado Government Finance Officers Association, the Florida Government Finance Officers Association, the Florida Bond Buyer’s Conference and the Hawaiian Government Finance Officers Association. 

Nate is a member of the Colorado Bar Association and an associate member of the National Association of Bond Lawyers and the government Finance Officers Association. Mr. Eckloff earned his Juris Doctorate and Master of Business Administration degrees from the University of Denver and his Bachelor of Science in Agricultural Economics form the University of Nebraska-Lincoln.  His licenses include the Series 7, Series 8, Series 24, Series 52 and Series 53 FINRA licenses.

Bio

Julie Santamaria

Director
Florida

+1.727.895.8871

Julie Santamaria has been with RBC Capital Markets for 20 years and has been involved in financings for cities, counties, and other governmental entities throughout Florida totaling over $26 billion.  Ms. Santamaria’s recent experience with Florida governments includes Polk County, Hernando County, Sarasota County, Lee County, Venice, Davie, City of Sarasota, Cape Coral, Fort Myers, Tampa, West Palm Beach, Boynton Beach, Naples, and Titusville.  

In addition to general government expertise, Julie Santamaria has extensive utility experience, having worked with clients on utility capital improvement plans, rate study design, special assessment methodology, water and sewer revenue bonds, utility assessment revenue bonds, SRF loans, and bank loans.  Since 2003, Ms. Santamaria has completed 74 utility financings totaling over $3.8 billion. 

Julie Santamaria earned a B.S. from the University of Florida and an M.B.A. from Stetson University.  Her education includes study at Harvard University and Oxford University (England).  Ms. Santamaria is a NASD Registered General Securities Representative, a Municipal Securities Principal, and a member of the Municipal Securities Rulemaking Board’s Professional Qualifications Committee, which develops the tests for the licensing of municipal professionals. 

 

Bio

Paul Clancy

Director
Northeast & Mid-Atlantic

+1.215.832.1518

Mr. Clancy is a Director in the Philadelphia Municipal Finance office of RBC Capital Markets and is an investment banker with the firm’s Higher Education Finance Group and the Charter School Finance Group.

Mr. Clancy joined RBC Capital Markets in 2008 after having worked since 1998 as a regional investment banker and office manager for A.G. Edwards & Sons, Inc., Legg Mason Wood Walker, Inc., and Commerce Capital Markets.  Mr. Clancy also worked as a financial advisor for six years with Fairmount Capital Advisors from 1992 through 1998.

Mr. Clancy is a member of the Finance Committee and Audit Committee of Neumann University (Aston, PA) and a member of the Investments Committee of Immaculata University (Chester County, PA).

As a registered securities representative, Mr. Clancy currently holds Series 7, Series 52, Series 65 and Series 67 securities licenses.  He holds a BA from Lafayette College and a MBA from Villanova University.

Bio

Clarence Grier

Managing Director
Texas

+1.214.989.1750

Bio

Bond Process & Capabilities

Bond Process Handout

Capabilities Handout