Comunidad Partners Expands Workforce Housing in Greenville with Acquisition of The Haywood

Comunidad Partners has recently acquired The Haywood, a 234-unit workforce housing property in Greenville, South Carolina, marking a significant expansion of its presence in the state. This acquisition aligns with the firm's commitment to providing attainable housing in high-demand markets and 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.

Ty Barnes, Head of Investments at Comunidad Partners, pointed out Greenville's supply-constrained market, which is expected to see significant rent growth. The area's strong fundamentals, including an A-rated school district and robust population growth, make it an attractive location for workforce housing investments. The acquisition of The Haywood is a strategic move to address the shortage of affordable housing for moderate-income earners in Greenville, including essential workers like teachers and nurses.

Comunidad Partners plans to invest in renovations and upgrades at The Haywood to enhance the resident experience and property value. These improvements include interior unit upgrades, curb appeal enhancements, and the addition of family-friendly amenities. The firm also intends to collaborate with non-profit partners to offer beneficial resident services, reinforcing its social impact mission. Keaton Graham, Director of Impact at Comunidad, emphasized the firm's approach to creating a positive impact on residents' lives while generating strong investment returns.

The Haywood's location offers convenient access to top-rated schools, transportation hubs, and healthcare centers, making it an ideal community for workforce housing. For more information on Comunidad Partners and their initiatives, visit https://comunidadpartners.com.