Business Details
27 Years
experience
Transforming Communities with Affordable Housing
Founded in 1999, we are a fully integrated real estate company dedicated to developing, acquiring, and managing affordable and market-rate housing across the United States. Our mission, 'Transforming Communities, Improving Lives,' drives our work in preserving and creating quality housing that meets diverse needs through innovative solutions. With over 130 properties and 15,000 units under management, we specialize in conventional, affordable, senior, and disabled housing, alongside Class A, assisted living, and memory care facilities. Our cross-disciplinary team combines expertise in development, architecture, urban planning, and social services to deliver sustainable, community-focused projects. We prioritize partnerships with local governments, nonprofits, and stakeholders to ensure our developments align with community needs while exceeding regulatory and financial expectations.Our Evergreen Cares initiative reflects our commitment to uplifting communities beyond brick and mortar through volunteerism, financial support, and social programs. With 25+ years of experience, we leverage public-private funding and tax credit financing to tackle the affordable housing shortage, transforming historic sites and revitalizing distressed properties. Our holistic approach integrates real estate, financing, and social services to address housing challenges, foster inclusivity, and create lasting impact. Recognized for award-winning projects, we remain dedicated to ethical practices, exceeding MBE/WBE hiring goals, and prioritizing underserved communities. As a trusted partner, we ensure every project meets deadlines, budgets, and long-term sustainability goals while enriching residents' lives and delivering value to investors.
Services
Property Management
Senior Housing
Construction Management
Affordable Housing
Public Private Partnerships
Social Services
Non-Profit Consulting
Assisted Living
Mixed-Use Development
Historic Preservation
Details
- Year established: 1999
Highlights and features
- 25+ years of community-driven real estate development expertise
- Integrated approach combining real estate, financing, and social services
- Award-winning adaptive reuse of historic and distressed properties
- Evergreen Cares program supports local communities through volunteerism
- Exceed MBE/WBE hiring goals to promote industry inclusivity
What people say
Award-winning projects
Strong community partnerships
Experienced professionals
Long-term property stewardship
Creative problem solving
Services
Property Management
We provide comprehensive property management services handling daily operations, maintenance, and capital improvements across 130+ properties nationwide. Our team ensures regulatory compliance while maintaining resident satisfaction and investor returns. Through personalized service and efficient cross-functional teams, we deliver sustainable property management solutions that meet community needs.
Affordable Housing Development
Specializing in affordable housing solutions, we develop, preserve, and acquire properties using tax credit financing and public-private partnerships. Our projects include adaptive reuse of historic buildings and new construction to address the 7+ million unit shortage. We incorporate social services to support residents in 12 states and DC.
Senior Housing
We develop and manage senior housing communities including independent living, assisted living, and memory care facilities. Our projects integrate health services and modern amenities while maintaining affordability through strategic financing solutions and community-focused design principles.
Construction Management
Offering best-in-class construction management services, we handle owners' representation, general contracting, and rehabilitation projects. Our team ensures quality execution while navigating complex financing structures and regulatory requirements for both new developments and historic preservation projects.
Public Private Partnerships
We facilitate collaborative development projects through public-private partnerships that leverage government funding and private investment. These initiatives enable large-scale affordable housing developments while addressing local community needs through stakeholder engagement and strategic resource allocation.
People
Stephen Sparks
Senior Vice President, Key Bank, Community Development Lending & Investment
Stephen Sparks has partnered with Evergreen to deliver safe affordable housing solutions through long-term property management and community investment strategies.
Carleena Allen
Vice President of Human Resources
Carleena Allen leads Evergreen's human resources initiatives, emphasizing diversity, inclusivity, and the company's mission to transform communities through affordable housing and community support programs.
David Block
Director of Development
David Block directs Evergreen's development efforts, combining architectural expertise with community engagement to create successful mixed-use and affordable housing projects across the United States.
Polly Kuehl
Executive Director, Housing and Human Development Corporation
Polly Kuehl collaborates with Evergreen on affordable housing initiatives, leveraging their financial and development expertise to create sustainable community impact through strategic partnerships.
Questions
What real estate services does Evergreen offer?
We provide full-service solutions including property development, construction management, property management, and social services integration for affordable and market-rate housing.
How does Evergreen address affordable housing needs?
Through tax credit financing, adaptive reuse of historic properties, and partnerships with government agencies to create and preserve 15,000+ housing units nationwide.
Can we partner with Evergreen for real estate projects?
Contact our Chicago-based team through our online form to discuss development, revitalization, or property management opportunities aligned with our community-focused mission.
What community initiatives does Evergreen support?
Our Evergreen Cares program funds playgrounds, supports nonprofits, and organizes volunteer efforts to enhance the neighborhoods where we operate.
Do you manage senior living facilities?
Yes, we develop and manage senior housing including assisted living, memory care, and mixed-use communities with integrated health services.
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