M&M Properties.M&M Properties, a real estate company started by Kenneth S. Moczulski and other members of the former senior management team of Transworld Properties, has retained The Greenwich Group International as exclusive agent to secure $50 million in equity funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. for the creation of a geographically diversified diversified (di·verˑ·s portfolio of investment-grade investment-grade Of, relating to, or being a bond suitable for purchase by institutions under the prudent man rule. Investment-grade is restricted to those bonds graded BBB and above by Standard & Poor's and graded Baa3 and above by Moody's. apartments. The aggregate capitalized value capitalized value n. anticipated earnings which are discounted (given a lower value) so that they represent a more realistic current value since projected earnings do not always turn out as favorably as expected or hoped. of the proposed portfolio is expected to be approximately $200-225 million and will primarily consist of urban/in-fill development locations and difficult-to-duplicate locations in master-planned communities. |
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