Provision of affordable housing through adaptive re-use, without reliance on federal funding programs like LIHTC (Low Income Housing Tax Credits)
Richard Rubin is a seasoned real estate entrepreneur with a pioneering background in adaptive reuse for affordable housing.
Introducing IRN HAUS – Birmingham’s First-of-Its-Kind Multifamily Studio Living Experience
Welcome to IRN HAUS, a groundbreaking multifamily development transforming the residential landscape of Birmingham, Alabama. Located on the vibrant and accessible Crestwood Boulevard, this innovative project reimagines what modern, affordable living can be—bringing new life to the once-neglected site of the former USA Economy Lodge.
Now fully redeveloped and rebranded, IRN HAUS features 226 thoughtfully designed studio apartments that offer more than just a place to live—they create a lifestyle tailored to today’s dynamic and independent residents. With contemporary finishes, smart layouts, and a full suite of on-site amenities, IRN HAUS is ideal for professionals, creatives, students, and anyone seeking affordable housing in
Birmingham without compromising on comfort or convenience.
What sets IRN HAUS apart is its unique blend of affordability and lifestyle. It’s not just about square footage—it’s about how you live. Each studio apartment is designed to be cozy yet flexible, offering a home that fits your life—whether for a short chapter or a long stay.
Key features include:
IRN HAUS isn’t just a place to live—it’s a place to belong. Whether you're new to Birmingham or looking for a fresh start, this community offers the freedom of urban studio living with the security and support of a managed residential property.
IRN HAUS – Affordable, Inspired, and Uniquely Birmingham.
Manor Independent Living: EGRE’s Strategic Entry into Affordable Senior Housing
Manor Independent Living represents EGRE’s inaugural venture into
age-restricted, affordable senior housing, marking a significant milestone in the firm’s commitment to delivering innovative real estate solutions that meet evolving demographic needs. Designed as an independent living community for seniors, Manor aligns with EGRE’s broader strategy of creating Naturally Occurring Affordable Housing (NOAH)—a critical segment of the market often underserved by traditional housing models.
As the nationwide demand for senior housing continues to surge, the "missing middle" remains the most pressing gap—seniors who are not eligible for subsidized housing yet cannot afford high-end retirement communities. Manor Independent Living in Fort Worth, Texas, directly addresses this need by offering a high-quality, living experience at attainable rental rates.
Residents benefit from thoughtfully designed amenities, a comprehensive daily Activity Program, and supportive services including three meals per day, seven days a week, scheduled transportation, wellness initiatives, and more—all within one inclusive rental package. This model not only ensures affordability but fosters community, dignity, and independence for older adults.
As EGRE continues to expand its real estate portfolio, Manor stands as a model for scalable, sustainable senior housing that serves both community needs and long-term investor value.
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