Boston Financial Investment Management - Home page

Boston Financial has been a leader in real estate investment management for over forty-five years. With headquarters in Boston, Massachusetts, we manage approximately $8.5 billion in real estate investments for over 150 institutional clients from across the United States.

Our company began in 1969 as a private partnership established to connect individual investors to affordable housing real estate investments. Over the next 17 years, we worked to raise $700 million from 5,800 individuals and invested in 62,000 apartments units nationwide.

In 1986, the Internal Revenue Service enacted the Low Income Housing Tax Credit Program. The program allowed investors to receive a credit against their federal taxes in exchange for providing or renovating housing at rents with reach of low-income people. Boston Financial, as a syndicator, began acquiring low-income housing tax credits from developers by investing equity in their housing developments in exchange for their tax credits. We then created investment funds that allowed the tax credits to be distributed to investors. Investors were invited to purchase interests in these funds and receive the tax benefits of the investment.

Boston Financial was the first firm to introduce a public tax credit fund on Wall Street and the first for-profit firm to offer an institutional tax credit fund.

Boston Financial quickly became an industry leader and continues to be recognized as a top-tier LIHTC syndicator, with over $10 billion in equity invested in more than 2,000 properties since 1986 and an excellent track record as fund sponsor and investment manager.

In 1990, recognizing the lack of quality market analysis in the affordable housing industry, Boston Financial established our own real estate valuation team, Market Advantage REVAC. Since its formation, REVAC has completed market studies for over 2100 LIHTC properties in the US, Puerto Rico and the Virgin Islands.

Our services expanded again in 2006 with the creation of Corporate Intelligence Group, LLC, an in-house investigative group that assists our clients in a variety of fact-finding specialties.

In 2016, Boston Financial was acquired by ORIX USA Corp. Under this new ownership, we look forward to continuing our commitment to quality affordable housing investment and excellent client service.

For more information about ORIX USA, please visit their website at