BOSTON, MA – TCAM, a leading asset manager and consultant in the affordable housing industry, today announced record growth in its business in 2017. In 2017, TCAM provided services to 36 clients and 1,645 properties  in 47 states in addition to the District of Columbia and Puerto Rico.

TCAM’s 2017 clients included banks and financial companies, investment funds, and developer/owners. The 2017 client roster also included public agencies — public housing authorities, municipal housing departments and subordinate lenders, and state housing finance agencies.

During 2017, TCAM continued to expand its service offerings. In addition to on-going, hands-on asset management for LIHTC investors, state agencies,  guarantors, and owners, TCAM helped lenders manage their subordinate loan portfolios and assisted investment funds in underwriting property acquisitions. Notably TCAM advised GP and LP clients on 41 Year 15 transactions in 2017. New services in 2017 included back-office asset management support for developer/owners, receivership services, and compliance monitoring for locally restricted units (e.g. inclusionary zoning).

“Affordable housing portfolios are growing throughout the industry,” said Chief Executive Officer Jenny Netzer. “We are pleased that TCAM’s expertise is helpful to so many of the industry’s participants.”

TCAM is a company of QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors.

We wanted to let you know that we still have a few openings at our next asset management training seminar. The seminar will be held at our Boston office January 30-31, 2018. The seminar will cover the essential elements of affordable housing asset management with real-life examples and materials provided for future reference.

Space for the training is limited and attendance is confirmed on a first-come first-served basis. Interested parties should contact TCAM at (617) 542-1200 or via email, afeliz@tcamre.com.  

In addition to this popular asset management training seminar, 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 1,332 properties comprising 172,000 apartment units in 43 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital

TCAM is a company of QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors. 

For more testimonials, click here: Testimonials from Prior TCAM Training Attendees

BOSTON, MA – TCAM continues to grow and expand its services. To better serve our clients, we’ve moved into the Financial District.  We look forward to sharing our views of Post Office Square on your next visit.

30 Federal Street

6th Floor

Boston, MA 02110-2508

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 to capital providers in the affordable housing industry including owners, investors, guarantors and state and local housing agencies for 1,678 properties comprising 176,885 apartment units in 48 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital.

TCAM is owned by QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors.

BOSTON, MA – TCAM’s next asset management training seminar will be held at our Boston office on January 30-31, 2018. The seminar covers the essential elements of affordable housing asset management with real-life examples and materials provided for future reference. Topics covered during the seminar will include the following:

•          portfolio and investment performance;
•          site inspections;
•          regulation, subsidy and compliance;
•          industry trends;
•          financial analysis and property valuation;
•          identifying and addressing tax issues;
•          data and document manaagement;
•          risk rating, problem resolution; and refinancing, recapitalization and disposition

Space for the training is limited and attendance is confirmed on a first-come first-served basis. Interested parties should contact TCAM at (617) 542-1200 or via email, afeliz@tcamre.com.

In addition to this popular asset management training seminar, 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 1,332 properties comprising 172,000 apartment units in 43 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital.

TCAM is a company of QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors.

Testimonials from Prior Attendees:

“Early in 2015 three CFG Community Development colleagues with a wide range of tax credit and real estate experience participated in TCAM’s two day training session. It was a great opportunity for applied problem solving as well as formal guidance on industry best practices. Exposure to other industry professionals with different roles provided for rich conversations.”

Amy W. Farrell, Senior Vice President – Community Development Lending and Investment Citizens Bank, N.A.

“My experience with TCAM was excellent, and exceeded expectations. Your asset management training and instructors struck just the right balance between addressing the breadth of complex issues, but also delved more deeply into critical areas like taxes, financial analysis, and regulations. The training was comprehensive, well-paced, engaging, and in a setting that kept participants engaged. And as I had only recently started my position at the time of the training, this was an excellent crash course in asset management for affordable housing.”

Director of Asset Management NYC Department of Housing Presevation & Development

“TCAM delivered an engaging and valuable training experience that succeeded in equipping me with the essential understanding of the crucial role an Asset Manager plays in the everyday success of our LIHTC properties.  The training was exceptional in the sense that it provided both a broad overview of the LIHTC industry, and what we as Asset Managers need to understand and manage in order to provide the expected returns to our investors. The team providing the training was incredibly knowledgeable and confident in the content presented.  This was a great experience that has provided me with the resources and tools to take our Asset Management Department to the next level.”

Dana Patterson, Director of Asset Management Alco Management, Inc.

For more testimonials, click here: Testimonials from Prior TCAM Training Attendees

BOSTON, MA – The Housing Authority of the City and County of San Francisco (the “Authority”) has engaged TCAM to provide asset management consulting services. This engagement will include a variety of assignments for the Authority’s converted Rental Assistance Demonstration Program (RAD) sites, HOPE VI sites and HOPE SF properties.

This engagement is the most recent assignment for TCAM from a large public housing authority and owner-developer. TCAM is currently providing asset management and advisory services for several state and local housing agencies as well as owners, investors, banks, insurance companies and corporations.  “The Housing Authority of the City and County of San Francisco plays an important role in the provision of affordable housing in communities of high demand,” said Allen Feliz, TCAM Managing Director. “TCAM is delighted to have the opportunity to assist the Authority with this important work.”

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 to capital providers in the affordable housing industry including owners, investors, guarantors and state and local housing agencies for 1,716 properties comprising 177,867 apartment units in 48 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital.

TCAM is owned by QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors

Today, TCAM announced the start of two new engagements with tax credit investors and the expansion of portfolios managed for two other investors and long-term clients. The additions bring the total number of affordable housing properties managed for investors to 288 properties comprising 31,221 apartment units. In addition, TCAM provides asset management services to owners, guarantors, and public agencies. TCAM is providing comprehensive asset services for these clients including property, financial and compliance oversight, site visits, construction, and stabilized operations, risk management and reporting. TCAM is also providing fund management services to one of the clients.

The new and expanded engagements continue TCAM’s growth. TCAM provides asset management and advisory services to a wide range of industry participants, including banks, insurance companies, development companies, foundations, corporations and state agencies.  “TCAM’s asset management expertise and capacity help clients add to their portfolios without adding staff and overhead”, said TCAM CEO Jenny Netzer. “We are pleased that we can play a small role in facilitating flows of capital into affordable housing during these unsettled times.”

Overall, TCAM (www.tcamre.com) provides services for 1,716 properties comprising 177,867 apartment units in 48 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital. TCAM is a company of QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors.

Today, TCAM announced a new engagement with an organization that develops, owns and operates affordable housing in the State of California.

The new client has engaged TCAM to provide on-going asset management including overseeing property management and monitoring key aspects of financial operations to maximize cash and value to the owner. As part of the engagement,  TCAM is also helping the client to refine its asset management process.

The new engagement adds to TCAM’s growing list of clients that develop and own affordable housing. TCAM is currently providing on-going, long-term asset management and advisory services for banks, insurance companies, corporations and state agencies as well as development organizations. “Maximizing cash flow and value requires intensive, hands-on asset management,” said TCAM CEO Jenny Netzer. “TCAM is pleased to bring its experience and focus to supplement and strengthen owners’ property oversight.”

Overall, TCAM (www.tcamre.com) provides services for 1,332 properties comprising 172,000 apartment units in 43 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital.

TCAM is a company of QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors.

BOSTON, MA – TCAM, a leading asset manager and consultant in the affordable housing industry, today announced record growth of the Company in 2016.

In 2016, TCAM’s asset management portfolio increased to over 1,100 properties in 48 states in addition to the District of Columbia and Puerto Rico. The Company provided services to 38 clients and its revenue increased by over 27% from 2015 levels. To address the growth in the portfolio and client list, TCAM added four staff members and opened an office in Washington, D.C.

TCAM’s 2016 clients included 14 banks and financial companies, 10 developer/owners, and 13 public agencies including large public housing authorities, municipal housing departments and subordinate lenders, and state housing finance agencies. During 2016, TCAM continued to diversify its service offerings. In addition to on-going, hands-on asset management, transaction support and consulting, TCAM now advises GP and LP clients on Year 15 transactions, provides subordinate loan administration and helps clients monitor locally restricted affordable units. These services help TCAM’s clients achieve a number of successes, including improvements in property performance and completion of sales, refinancings, acquisitions and restructurings of property investments. TCAM also helped several clients create or strengthen their organizations’ ability to track and monitor property performance and compliance.

“2016 was another record year for TCAM,” said Chief Executive Officer Jenny Netzer. “We are committed to expanding and diversifying our services to meet evolving client needs.”

TCAM is a company of QuietStream Financial (http://quietstreamfinancial.com/). QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors.

BOSTON, MA – Today, TCAM announced the continued expansion of its Year 15 work with public housing authorities, development organizations, investors and subordinate lenders. TCAM assists clients with the creation, refinement and implementation of strategies for assets approaching Year 15 of the initial tax credit compliance period.

The new engagements expand TCAM’s growing list of housing authority and other owner-developer clients, providing a critical service to the affordable housing industry. “Year 15 transactions are complex and each one is different,” said TCAM CEO Jenny Netzer. “TCAM brings a wealth of experience and expertise to help clients find the solution that best meets its needs.”

In addition to Year 15 transaction support services, 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 1,332 properties comprising 172,000 apartment units in 43 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital.