Each company brings unique strengths to the transaction. Among them are ORIX USA's expertise in delivering innovative capital solutions grounded in the financial stability and extensive capital resources of ORIX Corporation. Boston Financial has a talented management team and brings a strong track record of successful investments in the complex business of LIHTC syndication, along with deep relationships with developers and institutional investors and an exceptional asset management capability.The combined companies will also benefit from natural synergies and growth opportunities including:
- Continuation of Boston Financial's best-in-class syndication platform but now with the added financial strength of being part of the ORIX USA family of companies
- Better access to capital, potentially enabling developers to begin projects more quickly and possibly offering better investment opportunities to Boston Financial's investors
- Numerous opportunities for ORIX USA business units—such as RED Capital Group, ORIX Real Estate Americas and ORIX Municipal and Infrastructure Investments—and Boston Financial to expand the depth and breadth of their product offerings, increasing high-quality affordable housing options to Americans
- ORIX USA, already being a direct investor in both affordable housing bonds and in LIHTCs, is able to broaden its investment activity in the affordable housing industry
For more information, see www.orix.com/bfim.ORIX USA Corporation ORIX USA provides innovative capital solutions that clients need to propel their business to the next level. Based in Dallas, ORIX USA has a team of more than 600 employees spanning 20 offices across the U.S. and Brazil. ORIX USA and its family of companies offer investment capital and asset management services to clients in the corporate, real estate, municipal and energy sectors, while holding $6 billion of assets and managing an additional $29 billion, approximately. Its parent company, ORIX Corporation, is a Tokyo-based, publicly owned international financial services company with operations in 37 countries and regions worldwide. ORIX Corporation is listed on the Tokyo (8591) and New York Stock Exchanges (IX). For more information on ORIX USA, visit www.orix.com. About Boston Financial Investment Management Since 1969, Boston Financial has focused on providing outstanding client service to its partners and has built one of the most experienced management teams in the industry. Since its inception, Boston Financial has raised and managed over $10 billion of low-income housing and historic tax credit equity investments in over 2,200 properties, making Boston Financial one of the largest firms in the tax credit industry. Cautionary Language Concerning Forward-Looking Statements This press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements that are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. The words "expect," "anticipate," "estimate," "forecast," "initiative," "objective," "plan," "goal," "project," "outlook," "priorities," "target," "intend," "evaluate," "pursue," "commence," "seek," "may," "would," "could," "should," "believe," "potential," "continue," or the negative of any of those words or similar expressions are intended to identify forward-looking statements. All statements contained in this press release, other than statements of historical fact, including, without limitation, statements about the benefits of the transaction, objectives, expectations and intentions, strategies, business initiatives, prospects, and the expected development of the industry in which Boston Financial operates, are forward-looking statements that involve certain risks and uncertainties outside of our control.
You should not place undue reliance on the forward-looking statements contained in this press release. These forward-looking statements speak only as of the date on which the statements were made.We undertake no obligation to update or revise any forward-looking statements, except where expressly required by law.