Press Release
Fusionâ„¢ Asset Management Software Reaches Management Milestone, Supports Largest LIHTC Portfolio in Housing Industry
February 24, 2010
118 kb
Boston, MA, February 24, 2010 – Boston Capital's subsidiary, Lexington Solutions™, recently licensed its
state-of-the-art, asset management system Fusionâ„¢ to one of the leading asset management firms in the
country, making Fusionâ„¢ the most utilized LIHTC portfolio management system in the housing industry. Fusionâ„¢,
a comprehensive and sophisticated asset management tool, currently administers more than 200,000 LIHTC units
and manages the tax credit portfolios of more than 100 investors.
"Fusionâ„¢ has revolutionized the way we analyze our portfolio, create and run reports and share information,"
said Jeff Goldstein, Chief Operating Officer at Boston Capital. "This contract further validates Fusion'sâ„¢
ability to provide significant value to LIHTC industry syndicators, asset managers and investors who demand
timely data analysis and reporting."
About Lexington Solutions:
Lexington Solutionsâ„¢, a subsidiary of Boston Capital, provides state-of-the-art asset management and fund
management software to the tax credit industry. Lexington Solutionsâ„¢ is owned by Boston Capital and its
leadership team is comprised of veteran Boston Capital employees who understand the unique challenges of
the LIHTC industry. Lexington Solutionsâ„¢ focuses exclusively on making Fusionâ„¢ available to investors,
syndicators and asset managers in the affordable housing tax credit business.
For more information contact:
Allison Marino
Corporate Communications
Boston Capital
One Boston Place
Boston, MA 02108-4406
(617) 624-8678
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