Dallas-based Elizabeth Property Group made its biggest play yet with a 1,444-unit acquisition across six affordable housing properties in Texas.
The entirely woman-owned firm that focuses solely on affordable housing acquisitions acquired the apartments in Houston, Dallas-Fort Worth, Beaumont, Huntsville, Bryan-College Station, and Wichita Falls, according to a media release. Elizabeth Property partnered with American South Fund Management, a mezzanine lender for real estate projects located in emerging low- and moderate-income neighborhoods, according to its website.
Read more: Elizabeth Property Group Acquires Significant Affordable Housing Portfolio (therealdeal.com)