Silver Tree Residential, LLC (STR) was formed under the vision of James Carmichael as the exclusive means to achieve the quality standards he strives for in each of his senior and family housing communities. STR is the sole management company for the communities owned by Mr. Carmichael as well as those owned by Housing Preservation, Inc. By capitalizing on a network of hundreds of employees across the country, STR provides exceptional property management services for 74 communities; totaling 10,117 apartments homes for over 11,500 seniors and families.
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 communities designated with Project Based Section 8 Rental Assistance. Our management team is experienced in handling the complexities of the ever-changing arena of HUD compliance and regulations.
Our primary goal is to provide the best quality housing possible to our residents with safe, quiet, and amenity filled 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 extremely 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.