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Capmark Financial Group Inc. Announces Sale of LIHTC Asset Portfolio

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Capmark Financial Group Inc. Announces Sale of LIHTC Asset Portfolio Powered By Docstoc
					
				
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posted:10/10/2011
language:English
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Description: HORSHAM, Pa.--(EON: Enhanced Online News)--Capmark Financial Group Inc. (the “Company”) announced that it closed on the sale of its low-income housing tax credit (“LIHTC”) asset portfolio to the Hunt Companies, Inc., a leading national real estate services company headquartered in El Paso, Texas (“Hunt”). Hunt was the successful bidder in the Company’s bankruptcy auction of these assets for a total price of $102.4 million. Under the terms of the purchase agreement the transaction will be closed a
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