Global Asset Management Signs LOI to Recapitalize 11-Property Washington, D.C., Housing Portfolio

• Global Asset Management Group signed a letter of intent with Madison Investments to recapitalize an 11-property affordable housing portfolio in Washington, D.C.
• Management preliminarily values the Section 8 portfolio at approximately $100 million, subject to due diligence and property-level valuation.
• The proposed strategy focuses on rehabilitation, higher occupancy and long-term income generation.
• Definitive documentation and the broader transaction process are targeted within 45 to 60 days, subject to financing and applicable approvals.
• The letter is largely nonbinding; no portfolio acquisition or recapitalization has closed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Asset Management Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611121230PR_NEWS_USPR_____PH96681) on November 12, 2026, and is solely responsible for the information contained therein.