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, has completed implementation of their Investor Central software for Prestige Affordable Housing Equity Partners (Prestige). Prestige is a privately held syndicator of Low Income Housing Tax Credits and an independent company of The Michaels Organization.
In September 2013, Prestige welcomed new leadership and began to increase both its resources and capacity to serve a growing number of developers who rely on the Low Income Housing Tax Credit to produce high-quality, financially viable affordable housing. Since then, Sebastian Corradino, Prestige’s president, has been particularly focused on solidifying the company’s asset and fund management expertise and incorporating technology that ensures a strong and flexible tax credit syndication company to navigate the increasingly complex transactions of the affordable housing industry.
“Integratec’s Investor Central software helps expand our capacity to grow by providing the infrastructure for high quality, and high volume, data and risk management solutions in real time,” Corradino said.
Integratec‘s software and services currently supports the asset management of more than 12,000 real estate investments across all asset classes. “We are grateful for the confidence Sebastian and Prestige have shown in us, and look forward to a long and productive relationship,” commented Integratec Principal Stan Price.
About Prestige Affordable Housing Equity Partners
Prestige Affordable Housing Equity Partners, LLC is a privately held syndicator of housing tax credits, whose mission is to secure capital for high quality affordable housing developments that create value for communities and investors. Based in Marlton, NJ, the company has raised more than $380MM in equity for 34 communities in 11 states. For more information, visit www.PAHEP.com.
Atlanta-based Integratec provides real estate asset management software and services. Founded in 2002 and currently supporting more than 60 clients, 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.