EMET Capital Management is a private equity real estate investment firm that specializes in distressed and special situation real estate opportunities within the municipal marketplace. Emet makes control investments in distressed debt secured by rental housing assets that qualify for municipal revenue bond financing. Emet seeks to purchase debt securities at a discount to face value, obtain control of the real estate and then rehabilitate and reposition the assets to increase value. It was founded in 2012 and is based in New York, New York.