Bramar Housing (Bramar) was founded in 1990 with the goal of establishing a multifamily property management company that would offer professional management services to rent and income restricted as well as traditional multifamily properties.

Bramar is a full service provider of multifamily property management services, financing and investment services, general contracting and construction services, Section 42 Low Income Housing Tax Credit (LIHTC) investment and compliance services, multifamily evaluation and due diligence services, and asset/partnership restructuring and management services.

Bramar is an owner/operator of affordable housing properties, therefore, we know the challenges involved in property management, and we know how to handle them. At Bramar, we utilize this "ownership" mentality in order to maximize income by using effective management systems. These systems allow us to streamline operations, control expenses, retain residents, provide accurate financial data, maintain tax credit compliance, and ultimately, meet the inherent challenges associated with managing affordable housing properties. In doing so, we become an active participant in meeting the financial objectives of each individual property.

The Low Income Housing Tax Credit (LIHTC) program was created by Section 42 of the Tax Reform Act of 1986. The program leverages the expenditure of public money in the form of uncollected tax revenue with private equity investment to fund low income housing development.

Bramar provides property management and compliance services on (LIHTC) properties. In addition to program-specific property and reporting services, we also provide centralized (LIHTC) audit and compliance verification/approval as well as record keeping services and training services.

Bramar also provides asset/partnership management services including: site due diligence services, financial valuation analysis, and debt or equity structuring services on all types of multifamily properties. Our services also include on-site inspections, deferred capital analysis, brokerage contract and sales package preparation, exit strategy formulation, and detailed tracking of property acquisition and disposition transactions.

Bramar is a general partner/developer and consultant on Section 42 Low Income Housing Tax Credit (LIHTC) properties. Bramar will act as a replacement general partner/developer on select LIHTC properties. We can replace the (LIHTC) general partner/developer, or directly acquire their ownership in (LIHTC) properties thereby assuming all rights, interests, and responsibilities of the former general partner.

Bramar can provide property and market due diligence, cash flow analysis & budgeting, loan workout and/or partnership restructuring, dilutive or replacement tax credit equity, and end-of-credit-term valuation and disposition services.

Bramar also offers consulting services in such matters as rehabilitation assessments, project feasibility, valuation analysis, business planning and establishing long term goals and budgets.

When it comes to professional management of multifamily properties of any size and scope, Bramar has the expertise to meet and surpass the requirements of any investor, lender, or other real estate professional.