CMFA Completes the Issuance of $54,085,000 in Bonds for Emerson University

The CMFA completed the issuance of $54,085,000in tax-exempt private activity bonds benefitting Emerson University located in the City of Los Angeles, Los Angeles County, California.  Proceeds from the low cost bonds were used to finance a major expansion of their Los Angeles campus and includes the construction, improving and equipping a new 10-story, 115,000 square foot facility which will include classrooms, administration, student housing, retail and subterranean parking.