Multifamily v Wisconsin

Evergreen Real Estate Group to manage 11 affordable-housing communities

  

Chicago-based Evergreen Real Estate Group, has been retained to manage 11 affordable housing communities made up of 1,436 units in Illinois, Wisconsin and Pennsylvania.

The assignments include a mix of affordable housing units for families and seniors, expanding Evergreen’s national management portfolio to nearly 7,000 units across the country.

The new assignments include the following properties:

•Pleasant Valley – 41-unit affordable housing community in Conshohocken, Pa.

•Daniel J. Flood Tower – 210-unit Section 8 senior community in Kingston, Pa.

•Hillcrest Apartments – 88-unit Section 8 senior community in McHenry, Ill.

•Rand Grove Village – 212-unit Section 8 community in Palatine, Ill.

•Sage Crest Apartments – 102-unit Section 8 community in Aurora, Ill.

•Oak Tree Towers – 165-unit Section 8 senior community in Downers Grove, Ill.

•Fox Shore Apartments – 98-unit Section 8 community in Aurora, Ill.

•Garden House of Maywood – 145-unit Section 8 senior community in Maywood, Ill.

•Garden House of River Oaks – 145-unit Section 8 senior community in Calumet City, Ill.

•Skyline Towers – 158-unit Section 8 senior community in Alton, Ill.

•Durand Plaza – 72-unit Section 8 senior community in Racine, Wis.

As manager, Evergreen will handle site-level operations and oversee capital improvement projects at several of the communities using low-income housing tax credits and other subsidies. Additionally, Evergreen will work with residents to coordinate events and service offerings, including social gatherings for seniors and after-school activities for children.