Somerset Pacific
Real EstateIdaho, United States51-200 Employees
Somerset Pacific is a real estate asset management firm that focuses on overseeing multifamily and senior housing properties, with an emphasis on developments financed through the Low-Income Housing Tax Credit program. Based in Garden City, Idaho, the company manages a portfolio of more than 2,000 units spread across several western states, including Idaho, Montana, Utah, Nevada, Arizona, and others. Its staff brings specialized knowledge in fair housing, ADA, and the compliance requirements of LIHTC, RD, HOME, and HUD programs, supporting owners, syndicators, lenders, and regulatory agencies with reporting and regulatory obligations. Founded in 2003, Somerset Pacific operates as a professional asset manager within the real estate sector, serving properties that require careful management of income-restricted housing and related regulatory compliance. A recent development noted is the continuation of its multi-state portfolio expansion and the reinforcement of its expertise in LIHTC-related compliance and reporting.