LIHTC asset management, in a nutshell, is the process of overseeing a property’s financial performance, physical condition and compliance with applicable regulations to help investors, lenders, state agencies and other capital providers receive expected benefits and manage their risk.
Workouts are unusual in affordable housing, but when they occur they are also unusually difficult and complex. Affordable housing transactions often have multiple layers of financing and regulatory requirements, public, private and non-profit participants
Are you an owner-developer or investor of multifamily rental properties who spends a considerable amount of time inputting financial and operational data into Excel spreadsheets or another basic system in order to perform asset management functions? Do you wish that you could devote less time
Despite the recent economic downturn, the majority of rental housing properties have performed well, and most are continuing to do so.