Boston Capital Asset Management (BCAM) has operated in the affordable housing business since 1974. Over its 38-year history, BCAM has solely focused on affordable housing and multifamily asset management. BCAM manages one of the largest multifamily apartment portfolios, consisting of 2,200 properties in 49 states, the District of Columbia and two U.S. territories. With a $10 billion real estate portfolio currently under management, BCAM is one of the leading real estate asset management firms in the country.

To effectively monitor the portfolio, BCAM built a proprietary state-of-the-art database, Fusion™, which provides its asset managers and clients the foremost source of multifamily housing information in the nation. In addition to its preeminent information systems, BCAM's asset management solution encompasses:

• Construction and lease-up monitoring
• Audit and quarterly reporting analysis
• Risk rating
• Site visit tracking
• Tax credit rollup for fund closings
• Flexible report writing

The team structure within BCAM allows it to build effective relationships with its developers and investors and improves the flow of communication. Its senior staff within the asset management group has on average over 18 years of real estate experience. This experience allows BCAM to bring expertise along with strong, stable teams of professionals to monitor the performance of your portfolio.

About Fusion

Fusion provides detailed, nationwide, market information that assists in evaluating the real estate we underwrite, acquire and asset manage. The database system, as well as regular communication with on-site management, serves as our primary resource for overseeing the portfolio. We receive data on a monthly basis from our property managers that enables us to monitor statistical information on construction progress, rental activities and operations of each of our assets. Reports designed within the system enable our staff to efficiently and effectively collect, analyze, report and follow up on all aspects of the real estate operations within the portfolio. The reports include, but are not limited to, physical and qualified occupancy, property operations, site visits, tax returns and financial audits, tracking and fee collections. A combination of current data and an experienced and diverse management team gives Boston Capital the ability to handle the real estate needs for any financial investment or property transaction.

After several successful years of using Fusion to manage one of the largest LIHTC portfolios, Boston Capital launched a subsidiary, Lexington Solutions™, to focus exclusively on making Fusion available to the entire LIHTC industry. To learn more about Fusion, please download BCAM's Fusion brochure.

Boston Capital's Asset Management Services for Investors and State Agencies

Capitalizing on its experience, state-of-the-art technology and expertise, BCAM has initiated programs focused on the asset management needs of state housing agencies and investors with tax credit portfolios.

State Housing Agencies

Through the American Recovery and Reinvestment Act of 2009, states now have the ability to receive a federal grant in exchange for a portion of their 2008/2009 LIHTC allocations. With this grant, states may wish to seek assistance to meet the added asset management and compliance requirements. BCAM has the expertise and capabilities to help states capitalize on this federal program worry-fee. If you are a state housing agency and would like more information about BCAM's specialized asset management services, please click here or call Mike Callahan at 617.624.8900.

Investors

Whether it is the direct asset management of your tax credit properties and/or funds, or if your institution is in need of a tax credit asset management system, BCAM has the expertise to help institutions accomplish these goals. The foundation of BCAM's services is its proprietary asset management system, Fusion, which will fundamentally change the way you analyze your portfolio, create and run reports as well as organize information. Investors click here to learn more about BCAM's asset management services or call Mike Callahan at 617.624.8900 to discuss how BCAM can help implement your asset management solution.