Comunidad Partners Enhances Greenville's Workforce Housing with Strategic Acquisition

Comunidad Partners, a real estate investment firm specializing in workforce and attainable housing, has expanded its South Carolina portfolio with the acquisition of The Haywood, a 234-unit garden-style multifamily property in Greenville. This move underscores the firm's commitment to addressing the pressing need for affordable housing in high-demand markets while delivering risk-adjusted returns for impact investors.

Antonio Marquez, Principal and Managing Partner at Comunidad Partners, highlighted Greenville's growing metro area and the essential need for housing that supports local workers and the economy. The acquisition aligns with the firm's strategy to enhance properties through renovations and community programs, aiming to improve the quality of life for residents and the financial performance of the investment.

Ty Barnes, Head of Investments, pointed out Greenville's strong market fundamentals, including job growth, high household incomes, and a constrained housing supply, which positions The Haywood for significant rent growth. The property's location near top employers, schools, and transportation hubs further enhances its appeal to essential workers facing housing affordability challenges.

Comunidad Partners plans to invest in property upgrades and resident services, collaborating with non-profit partners to ensure regulatory compliance and community benefit. Keaton Graham, Director of Impact, emphasized the firm's track record in resolving resident needs and creating positive outcomes through tailored programs, demonstrating that social impact and investment returns can go hand in hand.

The Haywood's strategic location and Comunidad's value-add approach aim to provide stable, quality housing for Greenville's workforce, contributing to the area's economic vitality and addressing the shortage of attainable housing. For more information on Comunidad Partners and their initiatives, visit https://comunidadpartners.com.