Business Details
17 Years
experience
Your Trusted Partner for Property Management Solutions in New England
Elm Grove Companies is a full-service real estate firm dedicated to delivering exceptional value through multifamily housing solutions. With over 14 years of experience since our founding in 2009, we specialize in development, construction, renovation, acquisitions, property management, and asset management across New England. Our team of 85+ professionals operates with core values of Respect, Synergy, Accountability, Dependability, and a Growth Mindset, ensuring every project reflects owner-level commitment.We manage $350M+ in assets while maintaining a centralized staffing model that leverages technology for efficiency. Our expertise spans both market rate and affordable housing, including LIHTC programs, with a proven track record of managing 1800+ apartments. We guarantee client satisfaction through transparent fee structures and a commitment to community-building, offering worry-free property management services that prioritize long-term partnerships.
Services
Property Management
Real Estate Development
Construction Services
Asset Management
Affordable Housing Management
Market Rate Housing
Acquisitions
Renovations
Details
- Year established: 2009
Highlights and features
- We lead with core values ensuring respectful and accountable service delivery
- Our centralized staffing structure enhances operational efficiency and cost savings
- Transparent fee structure with no hidden fees or unexpected charges
- Decades of experience managing both affordable and market rate housing portfolios
- Guarantee satisfaction with a no-obligation cancellation policy
Services
Property Management
Our property management services combine owner-level accountability with technological innovation to maximize asset value. We handle day-to-day operations, resident relations, and financial reporting while maintaining strict compliance with housing regulations. With specialized teams for both market rate and affordable housing, we ensure optimal performance across 1800+ units.
Real Estate Development
From ground-up construction to strategic acquisitions, we develop multifamily properties that meet market demands. Our expertise spans LIHTC programs, workforce housing, and luxury apartment communities across New England. We manage every phase from site selection to final execution, ensuring sustainable growth and community integration.
Affordable Housing
We specialize in IRS Low Income Housing Tax Credit properties and other affordable housing programs. Our experienced team manages income-restricted communities while maintaining market-level quality standards. We assist residents through qualification processes and accept Section 8 vouchers across our portfolio.
Asset Management
Our asset management team optimizes property performance through data-driven decision-making. We provide financial analysis, capital planning, and market positioning strategies to maximize returns. With $350M+ under management, we balance short-term gains with long-term value creation for property owners.
Construction Services
We deliver comprehensive construction services including new developments and renovations. Our team handles everything from historic property restorations to modern smart apartment installations. With in-house expertise and trusted partners, we ensure quality execution across all project types and sizes.
People
David Schleyer
Co-Founder and Principal
David Schleyer co-founded Elm Grove Companies with a vision to transform multifamily housing through ethical leadership and innovative management practices.
Newton Kershaw III
Co-Founder and Principal
Newton Kershaw III brings decades of real estate experience to Elm Grove Companies, focusing on strategic growth and community development initiatives.
Chris Schleyer
Principal
Chris Schleyer oversees key business operations, leveraging his expertise in multifamily housing to drive organizational success and client satisfaction.
Matt Menning
Principal
Matt Menning focuses on expanding Elm Grove Companies's market presence while maintaining operational excellence across all property management services.
Kristin Flink
Director of Human Resources
Kristin Flink leads talent development and organizational culture, ensuring Elm Grove Companies maintains its values-driven approach with 85+ team members.
Questions
What affordable housing options do you offer?
We manage income-restricted properties utilizing LIHTC programs with rents $200-$400 below market rates, accepting Section 8 vouchers and serving households earning 20-60% AMI.
How do you handle property management differently?
Our owner-operated approach combines centralized technology with transparent fees, guaranteeing satisfaction through our no-obligation cancellation policy.
What geographic areas do you serve?
We operate throughout New England with focused expertise in New Hampshire markets including Manchester, Salem, and Rochester areas.
What property types do you manage?
We handle both market rate and affordable housing across 1800+ units, including luxury apartments, historic properties, and workforce housing developments.
How can I apply for an apartment?
Visit our website to browse current availability and submit applications online for either market rate or affordable housing communities.
What sets your development approach apart?
We integrate smart technology solutions with traditional construction while maintaining strict budget controls and community-focused design principles.
