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| Antonio Marquez |
Dallas, TX — Comunidad Partners, a minority and women-owned real estate investment firm that specializes in workforce / affordable housing communities in culturally diverse neighborhoods, has recently acquired Villas del Zocalo 4, a 437-unit affordable housing community at 3232 Sumter Drive in Dallas, Texas.
Taylor Snoddy with Northmarq was the listing broker in the transaction.
“The Dallas-Fort Worth market is closely aligned with our investment strategy, having undergone tremendous growth over the last several years,” says Antonio Marquez, Managing Partner at Comunidad Partners.
“In fact, over the last four years, Dallas-Fort Worth has added more than 100,000 rentals, exceeding New York City—the second-highest-ranking market during that time period—by 24,000 units,” says Marquez.
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| Taylor Snoddy |
“Our core mission is to bring institutional capital to underserved multiethnic communities through our proven ESG and social impact focus,” explains Marquez.
“Villas del Zocalo 4, which was previously named Spanish Village, will be a strong addition to our portfolio.
"It will allow us to continue to preserve affordability in a market poised for robust economic growth while being positioned to deliver favorable risk-adjusted returns to investors.”
Taylor
Snoddy with
Northmarq was the listing broker in the transaction.
CONTACT:
Katie Haga / Lexi Astfalk
(949) 438-6262
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