Municipal Mortgage & Equity LLC (OTC:MMAB) has announced that it will hold a conference call on Monday, December 21. The conference call will begin at 8:30 am ET to provide a business update. Interested parties are invited to listen to the call by dialing 866.700.7101. The pass code is 55422942.
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A webcast will also be available on the investor relations portion of the company’s website, http://www.munimae.com/. A telephone replay will be available until January 23, 2010 at 888.286.8010. The replay pass code is 36193693.
Municipal Mortgage & Equity, LLC (MuniMae) provides debt and equity financing to developers of multi-family housing and other types of commercial real estate. The Company invests in tax-exempt mortgage revenue bonds issued by state and local authorities to finance multi-family housing developments. MuniMae operates in three business segments: debt segment, which invests in tax exempt bonds and bond securitizations, and permanent loans, provide loan servicing; tax credit equity segment that provides tax credit equity syndication and asset management services; structured finance segment that invests in other real estate-related securities, including equity investments in real estate operating partnerships, and fund management segment, which provides loan origination, asset management and other related services, and invests in real estate operating partnerships. In September 2007, the Company acquired SLF Management, LLC, also known as the Sustainable Land Fund (SLF).
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