TCS Anika Homes is proud to be a driving factor for the improvement and beautification of communities in the City of Brotherly Love without gentrifying or displacing the current tenancy. Nearly 400,000 Philadelphia residents – roughly 26% of the city’s population – lived below the poverty line in 2017 and poverty in Philadelphia, in some areas that we are focusing on, defines more than 45% of the local population.
We are building beautiful homes to benefit this vastly underserved demographic. All of our homes are gut renovated properties with brand new plumbing, electrical, and HVAC and boasting quality finishes seldom afforded to the more financially challenged PHA subsidized tenants. We like to think that we are more than physically rebuilding these communities – we are laying down the foundation for our tenants’ dreams.
Of course, none of this would be possible if our business model was not profitable as well! With nearly a century of combined real estate experience and a primary investment focus always on preservation of capital and the achievement of high risk-adjusted returns, we continually expect to out-perform our competitors. Our lenders and Investors enjoy timely institutional quality modeling, forecasting, and reporting and unfettered communication at all times.
Leasing and Management will be handled by TCS Management, a full service ‘scattered site’ property management company headquartered in Philadelphia that currently manages nearly 3,000 single family units, and will be focused on Section 8 Pennsylvania Housing Authority subsidized tenancy.
TCS Management is a fully Licensed Real Estate Brokerage Company and Member of the National Association of Property Managers. They specialize in residential property management including investor owned single homes, condominiums, apartments and homeowners associations. They embrace old-fashioned principals of service while using state of the art tools. TCS Management has a commitment to open communication as their corporate governance. Landlords will know exactly what is happening at all times with their investment. Sharing of best practices is proactively incorporated into their management and review process to ensure that each business benefits from the experiences of others.