Diversified Municipal Finance Corporation was organized in September of 1963.  The mission then, as it is today, is to assist municipalities, other governmental agencies and corporations with their various financial needs and challenges. 

         DMF arranges for financing for various types of projects and frequently acts as the Lessor on real estate development projects by providing complete build-to-suit projects, fully financed, using lease purchase agreements.  When working with a qualified governmental body, tax exempt rates can be used for determining the lease rates.  When acting as the Lessee, DMF assumes full responsibility for the completion of the project; on time and within budget.

         Joe initially studied Architectural Engineering at Ohio State University and later received an MBA in Finance from Northwestern University.  His many involvements led him to become a Registered Professional Engineer, licensed Real Estate Broker, Member of the American Institute of Appraisers, Senior Appraiser-Society of Real Estate Appraisers, and Licensed General Contractor in five states.

         After being in business for over 45 years, there is no adequate space to list all of the projects that have been completed.  Some of the more interesting projects have been; hospitals, marinas (up to 1100 slips), jails, prisons, airport facilities, day care centers, parking garages, university dormitories, private dormitories, military dormitories, apartments, condominiums, warehouses, industrial properties, commercial properties, and subdivisions. 

         Studies for tax rates for determining a current value and appropriate rate have been done for: hospitals, airport authorities and commissions.  Detailed studies of the real estate market have allowed several Cities and Counties to totally re-evaluate their leasing and real estate acquisition programs with substantial resultant savings to the entity.   

         DMF has worked with insurance companies, banks, and other lending institutions to evaluate new projects and to assist in the disposal of foreclosed or delinquent commercial facilities and apartments.  In a number of instances, DMF actually purchased the property and accomplished whatever redevelopment was necessary.

 DMF is now entering a new era by providing financing, development, and construction of solar and wind energy projects for governmental entities and private corporations.

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