| TCAM announced today the expansion of its core services, providing asset management “back-office” support for owner/developers of affordable housing. TCAM’s services leverage the asset management capacity of owner/developer clients so that the client can focus on hands-on real estate issues and decision-making.
To leverage clients’ time and resources, TCAM’s “back-office” services manage the on-going, administrative and analytical tasks of collecting, tracking and evaluating financial information and compliance requirements. TCAM’s services reduce administrative burdens while identifying issues and opportunities that need attention from the owner. Both for-profit and non-profit organizations that develop and own affordable housing benefit from TCAM’s services. “Affordable housing owners want to focus on profitability and mission,” said TCAM CEO Jenny Netzer. “TCAM can efficiently handle the administrative and analytical tasks so that clients can spend their time on high-impact matters – and the next deal.” TCAM (www.tcamre.com) provides asset management and consulting services for investors, syndicators, owners, lenders, housing finance agencies and authorities and guarantors. Overall, TCAM provides services for 1,677 properties comprising 176,837 apartment units in 48 states, Washington, D.C., and Puerto Rico, representing in excess of $5 billion of client capital. TCAM is headquartered in Boston, MA and is owned by its employees and QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial serves commercial real estate owners and related professionals with a portfolio of innovative businesses. |
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