KEMA Completes Third Multifamily & Healthcare Sale
October 18, 2005 - On behalf of HUD, KEMA successfully completed Multifamily & Healthcare loan sale, ("MHLS 2005-2"), on September 13, 2005. HUD sold 23 mortgage loans carrying an aggregate UPB of approximately $186 million. The auction generated proceeds of approximately $148 million or 79.5% UPB. (more)


KEMA Retained for HUD MHLS 2005-2
August 5, 2005 - KEMA Advisors, Inc. ("KEMA") under the auspices of the Federal Housing Administration ("FHA") Asset Sales Program, has been contracted by HUD to facilitate the design and sale of its sales initiative, Multifamily & Healthcare Sale Initiatives ("MHLS 2005-2"). HUD intends to sell certain of its multifamily & healthcare portfolio of unsubsidized HUD-held notes. KEMA will assist HUD in the development of the whole loan initiatives, the due diligence, the marketing and sale of the initiatives, the creation of a Market Valuation Model, the preparation and administration of a Bid Evaluation Model, and the closing of the sale initiatives.

Acting as both Transaction Specialist and Due Diligence Contractor, KEMA has retained the services of The Debt Exchange ("DebtX") and Frederick D. Babb to assist with the loan sale. KEMA has previously acted as the Transaction Specialist for the Dept. of Housing & Urban Development's MHLS 2004-2 and MHLS 2005-1 sales initiatives.

KEMA Receives HUB Designation
June 13, 2005 - KEMA Advisors, Inc. has succesfully registered and received certification as a Minority-Owned Business under the State of North Carolina's Historically Underutilized Business Program. The program, managed by the North Carolina Department of Administration, "works to increase the amount of goods and services acquired by the State from businesses owned and controlled by minority, women, disabled, and socially and economically disadvantaged individuals."