Municipal Mortgage and Equity LLC, Baltimore, has completed a $28.6 million tax-exempt bond transaction involving a bond secured by a 439-unit multi-tower property in Denver.The company, also known as MuniMae, acquired a controlling interest in a trust holding the mortgage revenue bond. The floating-rate security was issued by the City and County of Denver and is secured by The Seasons of Cherry Creek, Muni Mae said. The company specializes in originating, investing in, and servicing tax-exempt multifamily housing bonds.
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