The Rosebud Sioux Tribe has successfully closed a $28,460,000 tax-exempt bond issuance to finance the construction of a new 40-bed nursing home in White River, South Dakota, with groundbreaking set to begin next week. The Rosebud Sioux Tribe is one of the largest tribes in South Dakota and has long been a leader in advancing healthcare, education, and economic opportunities for its citizens.
The
transaction was led by Partner Seth Pearman, based in Peebles Bergin's Sioux
Falls office. Seth is a member of the Cheyenne River Sioux Tribe and previously
served as Attorney General for the Flandreau Santee Sioux Tribe for more than
12 years, where he oversaw and advanced numerous businesses and projects vital
to tribal economic sustainability. With deep experience in finance, economic
development, and tribal enterprises, as well as a strong litigation background
in tribal, state, and federal courts, Seth brings a wealth of knowledge and
commitment to strengthening tribal self-sufficiency through projects like this
one.