Housing Preservation Incorporated

Hellenic Tower Apartments

Smyrna Towers

Campbell Court Apartments

Center Place 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 is the sole management agent for projects owned by Mr. Carmichael as well as those owned by Housing Preservation, Inc. By capitalizing on a network of hundreds of employees across 32+ communities, STR provides exceptional property management service for residents in thousands of senior, and family apartment homes, all around 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 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 with our ever-growing portfolio of housing communities.

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