Somerset Pacific

Somerset Pacific, founded in July 2003, is an asset management firm specializing in the management of Multi-Family housing with an emphasis on Low-Income Housing Tax Credit Program (LIHTC) properties.  Somerset Pacific’s corporate office is located in Caldwell, Idaho.

Its current portfolio consists of 2084 units. These properties are located throughout Idaho, Montana, Utah, Nevada, Arizona, Wyoming, Alaska, South Dakota and Louisiana.

Somerset Pacific gives special emphasis on marketing and pre-leasing of properties which are under construction.  Its marketing techniques have lead to numerous successful lease-ups in a time frame of less than 30 days.

Somerset Pacific’s staff has extensive education and experience in fair housing laws, ADA, the required compliance issues that govern the LIHTC, RD, HOME, and the HUD Programs.  The staff is very knowledgeable and experienced with the reporting requirements for owners, syndicators, lenders, and state and federal agencies.