ALLIED ORION GROUP CHOSEN TO MANAGE CROSBY PLAZA

Firm Adds Another Affordable Housing Community to its Portfolio

HOUSTON, TX – Allied Orion Group has been selected to manage Crosby Plaza, an 86-unit affordable housing community in Crosby, Texas.

Located at 6616 FM 2100 Road, approximately 25 miles northeast of downtown Houston, Crosby Plaza is owned by Crosby Plaza 34, LLC.  The community offers one, two and three-bedroom apartment homes ranging from 686 to 995 square feet of living space.  Amenities include a courtyard, on-site laundry facilities, high-speed Internet access, and a community room that will host future resident activities.

“When we entered the Texas affordable housing market three short years ago, we decided to partner with Allied Orion Group due to their strong reputation in the industry,” said Christian Szymczak, Co-Manager of Crosby Plaza 34, LLC.. “For the past three years, our firm has worked closely with Allied Orion on three new affordable rehabilitation projects in the San Antonio area.  All three projects were developed utilizing low income housing tax credits and project based rental assistance.  Allied Orion navigated through the complexities of dual subsidy with ease. Their on-site management during the busy rehabilitation and tenant relocation process showed a high level of preparation.  So, when the time came to select a management agent for Crosby Plaza, the choice was easy.”

 Allied Orion Group is a full-service, multi-family residential management, development and investment firm with a growing portfolio of more than 22,000 apartment homes under management throughout the nation. Allied Orion Group is certified by the Institute of Real Estate Management (IREM) and is an Accredited Management Organization (AMO). For more information visit www.allied-orion.com.