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Boston Financial Investment Management | Boston, MA, | September 2009

JEN purchased Boston Financial Investment Management (“BFIM”) in September of 2009 from a distressed public company.  BFIM is a national leader in equity financing for multifamily apartment properties requiring Federal and State Low Income Housing Tax Credits (LIHTC). During JEN’s ownership period, Boston Financial had $8.3 billion of equity under management and was the asset manager for approximately 1,400 multifamily apartment properties containing 140,000 units.  After successfully enhancing operations, JEN sold BFIM to Orix, a Japanese conglomerate, in June of 2016.