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What do Eva Longoria and DFW real estate share? Social changeWhat do Eva Longoria and DFW real estate share? Social changehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=133462016-05-31T05:00:00Z2016-05-31T21:05:00Z

DALLAS - Actress Eva Longoria invested some capital in The Turner Multifamily Impact Fund​, a real estate fund aimed at helping address the nation's growing shortage of affordable workforce housing.


The fund has acquired three Texas properties in Dallas-Fort Worth and Austin as part of a larger portfolio buy.

In Dallas, the fund acquired:

Legends on Lake Highlands: 
A 27-building, 356-unit apartment complex with two swimming pools, a fitness center and a dog park. The community sits in close proximity to the Telecom Corridor in Dallas, northeast of downtown.

The View at Kessler Park: 
An 11-story, 299-unit apartment tower in North Oak Cliff. The 1963-era building was renovated in 2012 and is located in close proximity to the Bishop Arts District and UT Southwestern Medical Center.

The fund is expected to acquire and manage $1 billion in apartment communities in underserved urban communities throughout the country in the next two years. ​​
Dallas Business Journal
Dallas-Fort Worth-Arlington
Multifamily
http://www.bizjournals.com/dallas/news/2016/05/26/fund-tied-to-eva-longoria-buys-2-apartment.htmlRead more at the {Source}

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