Evergreen Real Estate Group Grows National Affordable Housing Portfolio

Stephen Rappin

CHICAGO, IL — Chicago-based Evergreen Real Estate Group, a leader in the acquisition, development, rehabilitation and management of both affordable and market-rate multifamily housing, announced it has been retained to manage nine affordable housing communities comprising a total of 1,071 units across Illinois, Kansas, Ohio and Wisconsin.

Legacy Lofts, Milwaukee, WI

 The assignments include a mix of affordable housing for families, seniors and people with disabilities, expanding Evergreen’s management portfolio to more than 8,500 units throughout the U.S.

“Evergreen is committed to creating, preserving and managing quality affordable housing that offers those facing financial hardship a good, safe place to live and call home,” said Steve Rappin, president of Evergreen Real Estate Group.

Martin Avenue Senior Housing, Naperville, IL

 “The need and demand for affordable housing continues to grow, and our broad range of experience allows us to bring creative solutions and best-in-class services to our residents, third-party owners, housing agency partners and investors.”

The new assignments include:

·        Brookhaven Apartments – 181-unit affordable housing community in Gurnee, Ill.

·        Carter Manor Apartments – 270-unit affordable community for seniors and disabled individuals in Cleveland

·        Johnstown Towers – 91-unit affordable housing community in Salina, Kan.

·        Oakdale Plaza Apartments – 38-unit affordable housing community in Salina, Kan.

·        Legacy Lofts – 64-unit mixed-income housing community in Milwaukee

·        The Martha Washington Apartments – 104-unit affordable senior community in Chicago

·        Martin Avenue Apartments – 122-unit affordable senior community in Naperville, Ill.

·        Neosho Plaza Apartments – 33-unit affordable housing community in Council Grove, Kan.

·        Neilan Park Apartments – 168-unit affordable housing community in Hamilton, Ohio

CONTACTS: 

Kathryn Kjarsgaard, kkjarsgaard@taylorjohnson.com, (312) 267-4514

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

www.evergreenreg.com.