NEW YORK CITY—R4 Capital, a national affordablehousing tax-credit syndicator and asset manager, has launched a newbusiness, R4 Capital Funding, a tax-exempt debtplatform that provides mortgage capital for affordable multifamilyhousing properties throughout the US.
Industry professional James Spound Tuesdayjoined R4 Capital to serve as president of R4 Capital Funding,while Tara Nussbaum also was brought to R4 Capitalas SVP of its new debt business.
R4 Capital Funding will provide mortgage capital by originating,structuring, acquiring, and securitizing tax-exempt mortgagerevenue bonds issued by state and/or local housing agencies andauthorities to finance the new construction oracquisition/rehabilitation of affordable multifamily housingproperties.
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