ATLANTA--(BUSINESS WIRE)--Integratec, a leading provider of real estate software and financial data processing services for investment managers, lenders, developer / owners, and institutional investors, is pleased to announce that multifamily developer Chelsea Investment Corporation (CIC) has implemented Integratec’s technology and services. CIC, provider of financial engineering, development, asset management and property management services was not only looking for a software solution but also a partner who would help them leverage their data and consolidate their current systems into one central repository with flexible reporting and document management. With 57 properties in their portfolio, it was important for Chelsea to have access to a solution that would aggregate both the financial and non-financial information for all properties.
“To date Chelsea Investment Corporation has developed and financed over 6,300 affordable housing units at a cost of over $1 billion,” said Adam Gutteridge, Director of Asset Management for Chelsea Investment Corporation. “Our growth has been substantial and we needed a proven asset management solution. With Integratec we are receiving so much more than just your standard software solution. Daily support from a dedicated account manager who cross-checks every piece of data that goes into the system to give us the peace of mind we need to move forward with growing our portfolio.”
Integratec's software and services currently support the asset management of more than 12,000 real estate investments. “The fact that we have experience serving clients at all ownership levels – developers / operators, fund managers and institutional investors, positions us to provide value to companies like CIC that is not available with other providers, ” said Integratec Principal Stan Price. “We are grateful for the confidence Chelsea has shown us, and look forward to a long and productive relationship with their team.”
About Chelsea Investment Corporation
Chelsea Investment Corporation is a real estate company focused on the financing and development of affordable housing. The Company provides financial engineering, development, asset management and property management services, as well as legal and non-profit experience to its development and investment partners and clients. Considered experts in the affordable housing sector, we have a strong and experienced team of professionals who identify and implement timely and cost effective solutions to the many challenges of this market niche.
About Integratec
Atlanta-based Integratec provides real estate asset management software and services. Founded in 2002, Integratec currently supports more than 60 clients and 12,000 investments across all asset classes. Integratec’s combination of software as a service (SaaS) and US-based BPO services provide a unique, cost-effective solution for real estate investors, lenders, fund managers, developers and owners. For more information, visit www.integratec.biz.