Joint Venture Formed to Provide Restructuring, Capitalization Services

摘要

An increase in distressed properties because of the economic downturn has led to the formation of a joint ven-rnture that provides loan restructuring and capitalization services for troubled low-income housing tax credit and other affordable housing developments, as well as other types of commercial properties.rnReznick Restructuring Solutions, LLC (RRS) is a joint venture of the Reznick Group, a Bethesda, Md.-based accounting, tax, and business advisory firm, and Frontline Partners, a Dallas-based real estate consulting company.