Business Details
17 Years
experience
Your Trusted Partner for Real Estate Solutions
Elm Grove Companies was founded in 2009 with a clear mission: to redefine multifamily real estate through values-driven leadership and operational excellence. As a full-service real estate firm operating across New England, we specialize in development, construction, renovation, acquisitions, property management, and asset management. Our approach centers on three pillars: treating residents and clients with respect, fostering collaborative problem-solving, and maintaining accountability in every decision. With over 15 years of experience managing 1,800+ apartments and $350M+ in assets, our team combines deep industry expertise with a growth mindset to deliver innovative solutions. We manage properties as if they were our own, ensuring meticulous attention to detail while maintaining transparent communication with stakeholders.Our proven centralized staffing model leverages technology to optimize efficiency, and our unique fee structure eliminates hidden costs. From market-rate luxury apartments to affordable housing developments, we create communities that enhance residents' lives while maximizing property value. Our leadership team brings decades of combined experience in LIHTC programs, workforce housing, and smart apartment integration. Whether managing third-party assets or developing new projects, we prioritize long-term partnerships built on trust and measurable results. This commitment to excellence has established us as a respected authority in New England's multifamily real estate market.
Services
Property Management
Real Estate Development
Affordable Housing Management
Construction Services
Asset Management
Market Rate Housing
Workforce Housing
Smart Apartment Integration
LIHTC Program Management
Community Development
Details
- Year established: 2009
Highlights and features
- We offer 15+ years of specialized expertise in multifamily real estate across New England
- Our values-driven approach ensures transparent communication and accountable decision-making
- We implement a proven centralized staffing model that optimizes operational efficiency
- Our team maintains deep experience managing LIHTC programs and affordable housing
- We guarantee client satisfaction with flexible contract terms and owner-centric management
Services
Property Management
Our property management services combine owner-centric strategies with technological innovation to maximize asset value. We handle day-to-day operations, financial reporting, maintenance coordination, and resident relations for multifamily properties. Our proven centralized staffing model ensures consistent service quality while optimizing operational efficiency across both market-rate and affordable housing portfolios.
Real Estate Development
We specialize in ground-up development and renovation of multifamily housing communities. Our services cover site acquisition, design coordination, construction management, and market positioning. From luxury apartments to workforce housing, we create properties that meet evolving market demands while maintaining strict budget and timeline controls throughout the development process.
Affordable Housing Management
Our team manages LIHTC properties and other affordable housing programs with specialized compliance expertise. We handle income verification, voucher processing, and regulatory requirements while maintaining high resident satisfaction. Our experience spans 55+ communities, workforce housing, and mixed-income developments across New England's diverse regulatory environments.
Construction Services
We deliver full-cycle construction services including new development builds and property renovations. Our approach emphasizes quality craftsmanship, timeline adherence, and budget management. From historic property restorations to modern smart apartment conversions, our construction division ensures projects meet both aesthetic and functional requirements while enhancing long-term asset value.
Asset Management
Our asset management services focus on optimizing property performance through strategic planning and financial analysis. We provide market positioning recommendations, capital improvement planning, and performance benchmarking. By aligning property goals with owner objectives, we help maximize returns while maintaining resident satisfaction and community standards across diverse real estate portfolios.
People
David Schleyer
Co-Founder and Principal
As co-founder, David Schleyer drives strategic vision and business development. With extensive real estate experience, he focuses on creating value through innovative property solutions and strong community partnerships across New England's multifamily market.
Newton Kershaw III
Co-Founder and Principal
Newton Kershaw III oversees development and operational strategy. His leadership emphasizes sustainable growth and quality construction, leveraging deep industry knowledge to maintain the company's reputation for excellence in multifamily real estate management and development.
Chris Schleyer
Principal
Chris Schleyer manages key business operations and client relationships. With hands-on experience in property management and development, he ensures alignment between company values and service delivery while maintaining focus on long-term client partnerships and community impact.
Matt Menning
Principal
Matt Menning directs investment strategy and portfolio growth. His expertise in real estate finance and market analysis helps identify opportunities that align with the company's core mission of creating quality living communities across New England's evolving housing landscape.
Kristin Flink
Director of Human Resources
Kristin Flink leads talent development and organizational culture initiatives. She fosters the company's values-driven approach by building teams that reflect commitment to resident satisfaction, professional growth, and community-focused service across all property management operations.
Questions
What property management services do you offer?
We provide comprehensive property management including maintenance, leasing, financial reporting, and resident services for both market-rate and affordable housing across New England.
Do you manage affordable housing developments?
Yes, we specialize in affordable housing including LIHTC properties, workforce housing, and 55+ communities with expertise in compliance and program requirements.
What areas do you serve?
We operate throughout New England with current properties in Massachusetts and New Hampshire, including urban centers and suburban communities.
How do you handle property maintenance?
Our centralized maintenance system ensures prompt service through dedicated teams and technology-driven work order tracking for both emergency and scheduled repairs.
Can I apply for apartments online?
Yes, we offer streamlined online applications for all available units through our website's apartment search portal with digital document submission capabilities.
