MHC is a people-oriented company with unique products for homebuyers and investors,” said Andrew Constantin, Chief Operating Officer at Phoenix American. “Phoenix American is the leading name in fund administration services for DST programs and we look forward to serving MHC.

The money collected by the Strata committees is deposited into a fund for the future use and enjoyment of the collective to help maintain the property and, in turn, the value of their investment. Similarly, these pools of funds have different names across the continent.