Brief
Systima Closes $153M Tax-Exempt CMBS Affordable Housing Deal
A private-label securitization closed by Systima Capital Management for a portfolio of nearly 1,300 subsided apartments underscores the potential for use of the commercial mortgage-backed securities (
Summary
A private-label securitization closed by Systima Capital Management for a portfolio of nearly 1,300 subsided apartments underscores the potential for use of the commercial mortgage-backed securities (CMBS) market in affordable housing deals.
Systima closed the $153 million tax-exempt affordable housing bond deal through the Public Finance Authority securitized by a pool of loans on seven […]
Source
- Commercial Observercommercialobserver.com
