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MuniMae Shrinks Company Workforce in Reorganization.(Brief Article)

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| March 01, 2006 | COPYRIGHT 2006 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Baltimore -- MuniMae, a multifamily lender and investment manager, has reorganized the company, resulting in an 8% reduction in its workforce.

The company now has two major business groups, MuniMae said - affordable housing, and real estate finance and investment management.

Gary A. Mentesana, executive vice president, will lead the affordable housing group, which combines the company's tax credit equity, tax exempt and taxable lending businesses.

Charles M. Pinckney, executive vice president, will lead MuniMae's real estate finance and investment management group, which will focus on market rate multifamily and ...

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Source: HighBeam Research, MuniMae Shrinks Company Workforce in Reorganization.(Brief Article)

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