Recap Advisors

Case study

Citigroup Global Markets PDF

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Representative clients

We provide asset management to a variety of clients, including these.

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The Team

Cameron Booth
Patricia Hardiman
Philip B. Silva
Tricia R. Adams

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Contact

Cameron Booth
T: 617.338.9484 x229

Asset Management

Maximize the long-term financial value of your debt, equity, or ownership position

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Asset management is the continual monitoring and optimization of investment positions in affordable and other multifamily housing assets, with turnaround services for situations of serious distress. Recap Advisors provides a complete range of asset management services for affordable and other multifamily housing properties.

Affordable housing assets can be messy, tedious, and difficult to manage

Underneath every portfolio of affordable housing assets are physical buildings, building managers, property managers, partnerships with divergent interests, use restrictions, complex debt structures, and possible social and political consequences.

These assets can perform, and perform well, but high performance requires constant attention.

To perform, these assets must be managed skillfully

Affordable housing properties require stricter monitoring and optimization than unregulated assets to ensure proper financial return for owners and satisfactory social outcomes for tenants. All financial participants, including capital providers, borrowers, and property managers, must meet their obligations.

Recap Advisors specializes in asset management of affordable housing

Affordable housing is what we do. We have worked, and are intimately familiar, with virtually every issue, problem, and adverse event that can present itself. We have:

  • Restored negative NOI properties to full performance using only property resources
  • Turned around negative value assets and recouped 100 percent of capital providers’ investment
  • Selected, installed, and maximized performance of new property management
  • Spearheaded foreclosures, receiverships, and bankruptcies for owners and lenders, often bringing both parties to a consensual and mutually beneficial resolution
  • Assisted in the representation of insurance arbitration to protect and maximize claim recoveries
  • Prevented assets from sliding into default
  • Consistently maintained strong operating trends of performing assets

Selected clients

Citi Global Markets, Inc.
TD Banknorth
Prudential Social Investments

Recap's asset management services

Monitoring Understand real-time asset performance
Optimization Make decisions that recognize the maximum potential for the property
Recovery Act promptly to restore troubled properties to stability