Boston Capital Corporation · Boston, MA United States
Company Description
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This link will open in a new window Boston Capital became one of the largest apartment owners in the US with a little help from Uncle Sam. Boston Capital takes advantage of federal tax credits, which it packages into public investment funds in exchange for developing apartment complexes targeted at low-income tenants. Subsidiary Boston Capital Finance originates construction and mortgage loans for low income housing developments its parent owns. The company, founded in 1974, has a controlling interest in about 168,000 apartments in 48 states, Puerto Rico, and the US Virgin Islands. To read the full description, subscribe now.
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Key Boston Capital Corporation Financials
| Company Type | Private Single Location |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $0.2 |
| Employees | 2 |
Boston Capital Corporation Executives
16 executives listed for Boston Capital Corporation's Boston, MA location.
| Title | Name & Bio | Contact |
| President and CEO | John Manning | Network |
| EVP, COO, and Director of Real Estate | Jeffrey Goldstein | Network |
| SVP and CFO | Marc Teal | Network |
Competition
Competitive Landscape for Boston Capital Corporation
Demand for new housing depends on population growth and is linked to low interest rates. Large builders have some advantages in purchasing and marketing, but building methods are essentially the same for large or small builders. While larger builders have efficiencies because they can repeatedly build the same home models, they generally develop projects on large pieces of land. Small builders, therefore, build most homes in dense urban markets where little land is available. To read the full description, subscribe now.Top Boston Capital Corporation Competitors
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