TCAM Adds Two Asset Management Engagements

Posted on December 2, 2015

BOSTON, MA – Today, TCAM announced two new asset management engagements with banks that invest in Low-Income Housing Tax Credits (LIHTC). Through the new engagements, TCAM is providing comprehensive asset management services, including financial and compliance oversight, tax return and audit collection and review, site visits and reporting. Together, the two portfolios include 47 properties in 8 states across the country.

The engagements add to TCAM’s growing business with LIHTC investors and syndicators. TCAM is currently providing on-going, long-term asset management and advisory services for banks, insurance companies, corporations and state agencies. TCAM also supports the asset management activities of several investors, syndicators, lenders and owners. “TCAM provides a flexible and cost-effective solution for investors and many other organizations,” said TCAM CEO Jenny Netzer. “We bring expertise and market insight to investors’ portfolios without adding overhead.”

TCAM provides services to clients for 869 properties comprising 112,150 apartment units in 43 states, Washington, D.C., and Puerto Rico, representing in excess of $3 billion of client capital. TCAM is owned by QuietStream Financial ( QuietStream Financial’s companies provide alternative asset management services and structured finance products for real estate borrowers, financial institutions and investors.

Topics: Uncategorized