TCS Management Signs National Contract With Lima One Capital
By Benjamin Oller, Principal at TCS Property Management · About the author
PHILADELPHIA, PA — August 18, 2026 — TCS Management, a Philadelphia-based property management and real estate services firm, has signed a national contract with Lima One Capital, one of the country's leading lenders to real estate investors. Under the agreement, TCS will support Lima One's asset stabilization, portfolio risk mitigation, and control property management nationwide.
What the Contract Covers
When an investor loan becomes distressed, the property behind it needs fast, hands-on attention to protect its value. TCS has been engaged to step in at that point and manage the property through stabilization. Services include:
• Asset stabilization. Securing, inspecting, and stabilizing properties so they hold or recover value.
• Portfolio mitigation. Reducing loss across Lima One's portfolio through rent collection, tenant management, and cost-controlled maintenance and repairs.
• Control property management. Taking over day-to-day management of properties when a lender needs a trusted operator in place, including properties in default, foreclosure, or REO.
• Transparent reporting. Real-time property, financial, and maintenance reporting so Lima One has full visibility into each asset.
"Lenders need a partner who can move quickly, protect the asset, and show them exactly what's happening on the ground. That's what TCS was built to do, and we're proud Lima One chose us to support its portfolio nationwide," said Joseph Puggi, Director of Business Development at TCS Management.
Leading DSCR Lender Foreclosure Management
DSCR loans, which qualify investors based on a property's rental income rather than personal income, have become one of the most popular ways to finance rental property. As that market has grown, so has lenders' need for experienced partners who can manage rental properties when loans go into default or foreclosure.
TCS is at the forefront of this work. The company manages defaulted and foreclosed rental properties on behalf of DSCR and business-purpose lenders. That includes securing the property, managing existing tenants, collecting rent, handling repairs, and keeping income flowing while the lender decides the path forward. For lenders, that means protected collateral and less loss. For tenants, it means a professional, responsive manager during a period of uncertainty.
About Lima One Capital
Founded in 2011 and headquartered in Greenville, South Carolina, Lima One Capital is a leading national lender to real estate investors. Lima One offers fix-and-flip, new construction, single-rental and portfolio rental (including DSCR), and multifamily loans. Lima One is a wholly owned subsidiary of MFA Financial, Inc. (NYSE: MFA), which completed its acquisition of the company in 2021. Learn more at limaone.com.
About TCS Management
TCS Management is a full-service real estate management, brokerage, and single-family investment services firm headquartered in the GoldOller Building in Philadelphia. Founded more than 15 years ago, TCS manages thousands of homes nationwide, specializing in single-family and small multifamily properties, along with receivership, asset management, and lender services. TCS is a licensed real estate brokerage, a NARPM member, and a Keller Williams Realty International (KWRI) Approved Partner. Its Landlord Ops app gives owners and lenders real-time access to communications, financials, and maintenance activity.
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