In keeping with the entrepreneurial spirit that was the genesis for Boston Capital over 40 years ago, we have expanded our scope through the years by diversification into new markets and third-party solutions for the LIHTC industry. While we are rooted in our core affordable housing business, we have introduced four distinct companies into the market as an outgrowth of our real estate expertise.
Boston Capital Asset Management delivers 40 years of asset management experience to the LIHTC market. Currently asset managing the largest multifamily portfolio in the country with a development cost of more than $18.7 billion, BC Asset Management has the framework of policies and procedures for successful affordable housing asset management for affordable housing owners. Because the geographically diverse portfolio consists of a wide range of property types, sizes and financing structures, our asset managers have expertise in a wide array of challenges – and solutions – unique to the LIHTC industry.
Boston Capital Finance brings one-stop service to the LIHTC industry by providing debt financing to complement our equity offerings. Since 1996, these investments provide institutional investors the benefit of diversified mortgage pools and developers with comprehensive financing options including fixed-rate construction loans, taxable and tax-exempt permanent loans and fixed-rate forward commitments.
Boston Capital Real Estate Partners offers best-in-class, market rate real estate investment products, services and operations with a mission to deliver superior performance for our investors since our founding in 2001. Through an approach based on the highest standard of ethics and integrity, and a commitment to actively manage and mitigate risk while creatively and consistently building asset value, BCRE specializes in the business we know best – multifamily housing.
Lexington Solutions moves asset management to a new level of analysis and efficiency with its comprehensive software Fusion™. Founded in 2005, Boston Capital’s subsidiary, Lexington Solutions®, is comprised of veteran Boston Capital leaders who understand the unique challenges of the LIHTC industry and provides world-class asset management and fund management software tailored to the needs of affordable housing asset managers.