--$77.7 million class SNMA
at 'AAAsf' Outlook to Negative from Stable;
They should come up with better management plans," said Promod Sharma, president, SNMA
. They might claim to have a retrieval time of less than three minutes, but if there is a line of customers waiting for their turn for several minutes then the retrieval time doesn't make much of a difference.
The Southern Nevada Multi-Housing Association (SNMA
) hosted Market Trends 2006 on Feb.
Prior to the loan's maturity, the sponsor exercised its first one-year extension requirement and in order to meet the debt yield was required to pay down the balance of the SNMA
class by $19.8 million and reduce the non-trust subordinate debt by $9.5 million.
The Southern Nevada Multi-Housing Association, (SNMA
), based in Las Vegas, includes 539 members representing more than 58,100 units.