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Home > Company Index > Financial Services > Miscellaneous Financial Services > Municipal Mortgage and Equity, LLC
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Municipal Mortgage and Equity, LLC |
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PROFILE |
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Don't mistake Municipal Mortgage and Equity for your garden-variety real estate investment trust (REIT). The limited-liability company, which does business as MuniMae Midland, invests in tax-free municipal bonds used to build multifamily housing, including units for low-income families. It has more than 90 portfolio properties throughout the US. Similar to a REIT, MuniMae Midland distributes at least 80% of its income to shareholders. The company is an active investor, reviewing budgets and rent flow, and performing regular inspections of property sites. MuniMae Midland also writes and services loans used to finance the construction of student housing and low-income apartment communities.
COMPETITION |
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Charter Municipal Mortgage Acceptance Company (CHC)
IndyMac Bancorp, Inc. (NDE)
Thornburg Mortgage, Inc. (TMA)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 100.90
1-Yr. Sales Growth: 88.2%
Employees: 188
Revenue per employee: $536,702.13
KEY PEOPLE |
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Mark K. Joseph
CEO
Gary A. Mentesana
CFO
CONTACT INFO |
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218 N. Charles St., Ste. 500
Baltimore, MD 21201
US
Phone: 410-962-8044
Fax: 410-727-5387
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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