BOSTON, MA – June 13, 2019 – TCAM is excited to announce the expansion of its asset management services for owner/developers. Two experienced owner/developers with properties in four states have selected TCAM to support the oversight of their portfolios.
Combining TCAM’s decades of experience in affordable housing asset management for developer and owner portfolios with MRI Software’s intuitive software for asset, investment, subsidy and property management, the team is uniquely equipped to provide a diversified package of back office asset management services. TCAM helps developers and owners better manage their portfolios through a robust tracking, monitoring, and reporting platform. TCAM’s services support clients in identifying and managing risk at the asset and portfolio level and allow them to meet reporting and data collection responsibilities in a cost-effective and efficient manner. With routine monitoring and reporting in TCAM’s hands, client staff is freed up to focus on future growth and value maximization.
TCAM’s new owner clients join a growing client base of owners, investors and public agencies. TCAM’s ability to adapt to a variety of client needs has led to long lasting and valuable relationships, as well as new service platforms. A deep and broad perspective of the industry enables TCAM to provide tailored services to the needs of each individual client.
TCAM provides services to clients for 1,677 properties comprising 176,837 apartment units in 47 states, Washington, D.C., and Puerto Rico, representing in excess of $5 billion of client capital. TCAM is owned by MRI Software, a global real estate software provider offering a range of solutions for stakeholders across the industry. MRI currently provides data management services for more than 21,000 affordable properties consisting of 1.8 million apartment units and representing over $67 billion in client capital.