MCAP’s investment strategies offer a unique access to an unexploited market niche in real estate and municipal bonds investments with tax advantages.
The team of experienced professionals managing the MCAP Funds incorporate a unique investment approach designed to uncover opportunities in real estate and distressed, defaulted and non-rated municipal revenue bonds secured by real estate. These investments are in:
- Senior Living Communities: including Independent Living, Assisted Living and Memory Care
- Multifamily Properties and Affordable Housing
ENHANCING INVESTMENT VALUE
The core of our value enhancement strategy is the active management of investments combined with the development and implementation of a financial restructuring plan for each asset. We target investments in properties that will: 1) benefit from financial restructurings, and 2) provide flexibility to restructure the ownership structure and/or the debt to obtain credit enhancements, tax credits and other tax advantages, not changes in market prices.
Our goal is to significantly enhance the value of an investment by taking a proactive role in implementing financial and operational improvements and by the use of advantageous divestment strategies, such as the sale of restructured bonds. We believe this approach offers the potential for significant long-term capital appreciation and tax-exempt income for our investors, as well as significant other tax advantages.