Photo/rendering of Pacific Beacon Military Housing Privatization Project

Pacific Beacon Military Housing Privatization Project

Hawkins served as private placement counsel in the $307 million financing of the Pacific Beacon project, one of the United States Department of the Navy's landmark military housing privatization transactions. Pacific Beacon involved the acquisition of existing naval base facilities in San Diego and the renovation, operation, maintenance and management of 258 housing units for unaccompanied servicemen, as well as the construction of an additional 941 two-bedroom apartments at the base together with related amenities and parking facilities.  

Role Private Placement Counsel
Distinction Leading Military Housing Privatization Project
Issuer Pacific Beacon LLC
Issue Size $307 Million
Awards Bond Buyer Non-Traditional Sector Deal of the Year