DHFC

Waterford Property Company, The Vistria Group, and Northern Liberties Acquire Class A Multifamily Complex in Dallas to Convert to Workforce Housing

Retrieved on: 
Wednesday, March 20, 2024

Waterford Property Company (Waterford), The Vistria Group (Vistria), and Northern Liberties, in partnership with the Dallas Housing Finance Corporation (DHFC), have announced the acquisition of a 395-unit class A multifamily community located at 8169 Midtown Blvd.

Key Points: 
  • Waterford Property Company (Waterford), The Vistria Group (Vistria), and Northern Liberties, in partnership with the Dallas Housing Finance Corporation (DHFC), have announced the acquisition of a 395-unit class A multifamily community located at 8169 Midtown Blvd.
  • View the full release here: https://www.businesswire.com/news/home/20240320454325/en/
    Waterford Property Company, The Vistria Group, and Northern Liberties, in partnership with the Dallas Housing Finance Corporation (DHFC), have acquired a 395-unit class A multifamily community in Dallas.
  • With this acquisition, the owners will immediately restrict rents for new qualified residents to create stable workforce housing in Dallas.
  • “Northern Liberties’ entry into the Dallas market highlights our investment thesis to acquire well-located assets in high-growth markets where we can create or preserve workforce and affordable housing.