The CMFA Assists AVID on a $29,215,000 Tax-Exempt Bond Financing in San Diego, CA

The CMFA acted as issuer of $29,215,000 in tax-exempt bonds used to finance the acquisition of a 92,463 square foot headquarters and office building located at 9797 Aero Drive, San Diego, CA 92123; finance capital improvements and fixtures, furniture and equipment for the facility and pay expenses incurred in connection with the issuance of the Obligations.  The financed facilities will be owned and operated by the Borrower.

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