Business Details
50+ Years
experience
Affordable Housing Development Experts
At The Englewood Group, we have dedicated ourselves to affordable multi-family housing since 1974, specializing in land development, construction management, consulting, design, and property management. Our team brings comprehensive expertise in site selection, financing, and regulatory approvals, serving communities across Indiana, Illinois, and Arizona. Through strategic partnerships with non-profit organizations, we have developed over 3,100 rental units while preserving additional properties through programs like the Low Income Housing Tax Credit (LIHTC). Our affiliated companies, including Vasil Management Company and Venture Design Group, ensure quality execution across every project phase, from conceptual planning to asset management. With decades of collective experience, we prioritize creating amenity-rich communities that meet the needs of tenants and investors.Our team includes industry-recognized professionals who have received accolades for property management and development excellence. We maintain rigorous compliance standards and actively engage with housing authorities to ensure long-term project sustainability. Our financial expertise extends to investor relations, portfolio analysis, and navigating complex funding structures. The Englewood Groups leadership team combines deep regional knowledge with a national perspective to deliver tailored housing solutions. Our commitment to excellence has solidified our reputation as a trusted partner in affordable housing development.
Services
Site Selection
Acquisition
Feasibility Analysis
Approvals
Permitting
Financing
Land Development
Demographics Study
Details
- Year established: 1974
Highlights and features
- We bring 50 years of experience in affordable housing development across three states.
- Our team has developed over 3,100 units through public-private partnerships with nonprofits.
- We maintain compliance with LIHTC, HUD, and USDA programs for sustainable investments.
- Our affiliated companies provide full lifecycle support from site selection to management.
- Recognized with multiple Site Manager of the Year awards for operational excellence.
What people say
Award-winning management
Experienced leadership
Community-focused approach
Regulatory expertise
Sustainable housing solutions
Services
Site Selection
Our site selection process evaluates zoning regulations, accessibility, and market demand to identify optimal locations for affordable housing projects. We conduct environmental assessments and community impact studies to ensure long-term viability. This foundational step maximizes investment returns while addressing local housing needs through data-driven decision-making.
Financing
We specialize in structuring capital through LIHTC syndication, tax-exempt bonds, and government grants to fund development projects. Our team navigates complex regulatory requirements to secure favorable terms while maintaining compliance with HUD and USDA standards. This expertise ensures financial stability and investor confidence throughout the project lifecycle.
Property Management
Vasil Management Company provides comprehensive operations for over 60 communities, including maintenance, resident services, and financial reporting. Our regional teams ensure compliance with federal regulations while maintaining high occupancy rates through proactive community engagement. This hands-on approach preserves asset value and enhances tenant satisfaction.
Feasibility Analysis
We conduct demographic research and economic impact assessments to evaluate project viability before development begins. This includes analyzing income levels, employment patterns, and local infrastructure to align projects with community needs. Our in-depth studies minimize risk while maximizing long-term operational success.
Permitting
Our team secures necessary zoning variances, building permits, and environmental clearances to expedite project timelines. We coordinate with municipal agencies to address compliance issues while maintaining transparent communication with stakeholders. This proactive approach ensures smooth regulatory navigation from concept to construction.
People
Michael J. Surak
Founder
Founded The Englewood Group in 1974, overseeing development of over 3,100 housing units. Previously active in commercial real estate, he holds an Economics degree from Millikin University and drives strategic vision.
Julia Surak
President
Directs strategic planning and corporate operations with 12 years' experience in real estate asset management. Holds a Business Administration degree from Mount Saint Joseph University and oversees financial compliance and investor relations.
Nick Surak
Executive Vice President
Manages real estate development with $400M+ project experience across 7 states. Holds a bachelor's degree from Marquette University and specializes in affordable housing preservation and tax credit programs.
Julie Tucker
Chief Financial Officer
Oversees LIHTC accounting compliance and investor relations with 25+ years in affordable housing finance. Certified LIHTC professional and former board member of the Affordable Housing Association of Indiana.
Melanie Watson
Director of Property Management
Leads field operations for 58 properties across three states. Former commercial property manager with expertise in multifamily housing operations and resident satisfaction initiatives. Holds a business degree from Ball State University.
Questions
What types of housing communities do you develop?
We specialize in affordable multi-family housing for families, seniors, and individuals with special needs, including LIHTC properties and USDA Section 515 developments.
In which states do you operate?
Our primary markets include Indiana, Illinois, and Arizona with regional offices in Indianapolis and Cottonwood, Arizona.
How do you secure funding for projects?
We utilize LIHTC syndication, tax-exempt bonds, government grants, and public-private partnerships to create sustainable financing structures.
What property management services do you offer?
Vasil Management Company provides leasing, maintenance, financial reporting, and resident services for over 60 communities totaling 2,200+ units.
How can I apply for housing?
Visit our property-specific Resident Portal or contact regional managers for application materials and income eligibility requirements.
What certifications does your team hold?
Our professionals maintain LIHTC compliance certifications, HUD-assisted housing management credentials, and USDA S.T.A.R. certifications.
Reviews (1)
Rebecca Guerrero-Watkins
Mar 05, 2025
Report
Have bad practices and bad financial book keeping! One apartment location has very bad management personnel. Watch your money and know your rights when dealing with them!!!!
