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MMA Capital Management, LLC, formerly known as MuniMae, is a real estate asset management company that invests in and manages debt and equity investments collateralized primarily by multifamily housing. Formerly operating as a master limited partnership for tax purposes, in July 2013 we converted to a taxable corporation. In the U.S the company focuses on three types of real estate investment. Primarily, we own and manage tax-exempt bonds, a substantial majority of which are backed by affordable multifamily rental properties. In addition, we own direct investments in real estate that include multifamily housing, undeveloped land and other development opportunities. Finally, we manage tax credit equity funds for third party investors which invest in similar affordable multifamily rental properties.
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