Multifamily N Illinois

Evergreen Real Estate Group grows affordable housing portfolio

  

Evergreen Real Estate Group has been retained to manage 11 affordable housing communities comprising 1,436 units in Illinois, Wisconsin and Pensylvania.

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

The properties include: Pleasant Valley in Conshohocken, Penn.,

Daniel J. Flood Tower in Kingston Penn.;

Hillcrest Apartments in McHenry, Ill.;

Rand Grove Village in Palatine, Ill.;

Sage Crest Apartments in Aurora, Ill.;

Oak Tree Towers in Downers Grove, Ill.;

Fox Shore Apartments in Aurora, Ill.;

Garden House of Maywood in Maywood, Ill.;

Skyline Towers in Alton, Ill.; and

Durand Plaza in Racine, Wisc.

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