Super-priority collateral. Disciplined underwriting.
Institutional execution.
Alterna Tax Asset Group, LLC is a national investment firm focused exclusively on the acquisition, underwriting, servicing, and securitization of municipal property tax liens.
Operating across 15 states and Washington, D.C., Alterna manages municipal tax lien receivables secured by super-priority liens on real property throughout the United States. Since inception, the firm has deployed more than $1.7 billion across 222,000+ individual liens in 250+ jurisdictions.
Alterna is a leading issuer in the tax lien ABS market, having created the first-ever AAA-rated multi-jurisdictional tax lien securitization in 2014 — and has since sponsored multiple rated securitizations, most recently in 2024.
