St. Andrews School Secures Low-Cost Financing Through the CMFA
The CMFA recently closed a $10.8MM financing for St. Andrews School. Founded in 1961, Saint Andrew’s Episcopal School is a coeducational, Pre-K through 8th Grade school. Proceeds of the tax-exempt financing were used to refinance debt that was originally used for to acquire, improve and equip their campus in Saratoga, California. The low cost financing will result in considerable interest savings for the school.