Aegon USA Realty Advisors, LLC (AURA) has multiple distribution options and is uniquely positioned to invest in tax credits in three distinct ways:
- Traditional Syndication:
AURA structures funds with corporate investors to invest in tax credit partnerships that own affordable housing projects. A unique aspect of the Aegon program is our ability to co-invest alongside third-party investors. AURA constructs both multi-investor and proprietary funds to meet highly specific investment parameters, both economic and CRA.
- Credit Enhanced Syndication:
Since 2003, AURA has been syndicating tax benefits to institutional investors with the added security of a AA- credit rating. To date, we have credit enhanced approximately $2 billion in tax benefits utilizing various legal structures. This platform is primarily for clients who require a more predictable delivery of tax credit benefits and the associated financial returns, along with preferable accounting treatment.
- Direct Investment:
AURA invests on a direct basis for its affiliates where it has the ability to pursue large transactions, more complex structures, and mixed income projects.
Having the corporate resources and multiple distribution options gives AURA the flexibility to meet the needs of a variety of investors, including insurance companies, banking institutions, technology firms and other C-Corporations.