About Enfield Management

Our highly trained professional staff is certified in the management and complex compliance aspects of tax credit communities to ensure that owners and investors capture the greatest possible return from their assets. Additionally, our staff is experienced in the management of luxury condominium associations, student housing developments and market rate multifamily apartments.


We are dedicated to the proper maintenance and upkeep of the properties our clients have entrusted to us by employing skilled and diligent maintenance technicians that understand the value of these investments and the necessity of providing clean, attractive communities for our residents. This dedication and attention to maintenance results in lower operating expenses, increased life of the property, improved resident satisfaction and higher property values. We have a strong sense of community that is evident when visiting any of our properties and talking to our on-site staff. Our goal is to provide the residents with more than just a place to live but rather a community that they will want to call home.


Being a fair housing advocate, Enfield Management stresses continuing education for its employees to ensure compliance with the Federal Fair Housing Act and the Uniform Landlord Tenant Act where applicable. The firm and its staff are members of the Greater Nashville Apartment Association, the Tennessee Association of Affordable Housing and the Southeastern Affordable Housing Management Association.

Joseph H. Torrence
HIGHMARK HOLDINGS PRESIDENT

Mr. Torrence has been involved in the affordable housing field since 1973 when he was appointed the first Executive Director of the Tennessee Housing Development Agency. Following his tenure at THDA, Mr. Torrence worked in the investment banking business for 31 years primarily structuring and executing mortgage backed securities transactions for state and local governmental issuers providing financial assistance to owners and developers of affordable housing. From January of 1996 to May of 2006, Mr. Torrence was co-head of the Affordable Housing Division at first ARCS Commercial Mortgage, L.P. and then GMAC Commercial Holding Capital Corp. Under Mr. Torrence’s co-leadership, the Affordable Housing Division of those two companies held the distinction of being Fannie Mae’s largest originator and servicer of Fannie Mae DUS Loans for Multifamily Affordable Housing properties for 10 years in a row with combined originations in excess of $6 billion.

In addition to providing financing for affordable housing, Mr. Torrence over the years has also been an owner and operator of multifamily affordable housing properties. Since 1975, Mr. Torrence has been involved in the ownership and operation of more than three thousand apartment units. In May of 2006, Mr. Torrence retired from GMAC Commercial Holding Capital Corp. and, with Robert S. King, formed Highmark Holdings, LLC to serve as his principal company to actively pursue additional opportunities to own and operate multifamily properties.

Highmark Holdings, LLC is a Nashville, Tennessee based developer and sponsor of multifamily affordable housing, specializing in developments which qualify for Low Income Housing Tax Credits and tax-exempt bond financing. Since 2007, Highmark Holdings, LLC sponsored entities have purchased eleven apartment communities located in Tennessee totaling over 1,892 units. Ten of those acquisitions were financed with tax-exempt bonds and 4% Low Income Housing Tax Credits. As sponsor of the Developer entities, Highmark Holdings, LLC has overseen renovations to these communities in excess of $30 million.

Mr. Torrence is married and is a resident of Nashville, Tennessee. He is a graduate of the University of Maryland and Vanderbilt University School of Law. Mr. Torrence is also a veteran having served in the United States Marine Corps from 1963 to 1967.