Prestwick Companies selected NHE Inc. to provide property management services for new affordable housing developments within South Carolina. Having served two Prestwick properties in Greenville since 2011 – Augusta Heights and Parkside at Verdae – NHE will now oversee seven developments across the state, totaling over $50M in assets and 337 residential units. The new S.C. locations include Greer, Anderson, Greenwood, Summerville and Moncks Corner.
“Affordable housing is an important need across the nation, and certainly in South Carolina,” Taylor Davis, president of NHE, said in a release. “Prestwick has launched seven exceptional new-construction developments here in just five years to serve low-income working families and individuals.”
NHE has more than 30 years of experience in the management of affordable housing properties, currently responsible for more than 50 affordable communities in S.C.
Darien Lee of Prestwick said NHE has “exceeded our expectations in Greenville, and we look forward to expanding our partnership as Prestwick Companies continues to grow.”
Prestwick has developed 25 multifamily housing communities since 2008 and secured more than $150M in development and Low-Income Housing Tax Credit equity.
