Housing Preservation Incorporated

Mary Walker Apartments

Cedar Hills Apartments

Providing Senior Housing

Silver Tree Residential, LLC (STR) was formed under the vision of James Carmichael as the sole means to achieve the quality standards he strives for in each of his senior and family housing communities. STR manages the communities owned by Mr. Carmichael's as well as those communities owned by Housing Preservation, Inc. Capitalizing on a network of hundreds of employees across all our communities, we provide exceptional property management service for our residents in thousands of affordable elderly/senior, and family apartment homes, all across the country.

To provide the highest level of service, we are headquartered in Memphis, TN, centrally located to many of our communities. We manage both elderly/senior and family mid-rise, and high-rise buildings designated with Project Based Section 8 Rental Assistance. Our management team is well experienced in handling the complexities of the ever-changing arena of HUD compliance and regulations.

Our mission is to provide the best quality housing possible to our residents with clean, quiet, and safe communities. Our exhaustive resident screening process is important to making each property successful, by aiming to improve the quality of our residents' living environment. Furthermore, we have been successful in achieving high REAC and MOR scores in all of our communities. It is through this firm commitment to excellence, that we at STR demonstrate a resounding record of success in our mission to preserve affordable housing into the future.

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