TREC Community Investors

The Trinity West Villas project wouldn’t be possible without the amazing support and collaboration of our valued partners: TREC Community Investors, Bank of Texas, Dallas Collaborative for Equitable Development, Greenleaf Ventures, and ReStudio. Your commitment to creating affordable housing and investing in Dallas families is truly making a real difference. Thank you for standing with Builders of Hope CDC in our mission to build a more inclusive and equitable future. We’re excited for what’s to come! ?? bohcdc.com/partners

We continued this year’s Real Estate 101 for Nonprofits course earlier today with a session on “Zoning, Permitting, and Real Estate Gifts.” This program covered the details, relationships, and processes critical to bringing a real estate project to life. In this class, crossing T’s and dotting I’s has never been so important! Our guest speakers today were Robert Baldwin of Baldwin Associates and Kevin J. Boyd of Metrocare Services, who shared his experiences as a previous Real Estate 101 participant who was a part of the organization’s recent real estate expansion. Thank you to our speakers, program facilitator Elizabeth Solender, and program sponsors Origin Bank and SOLENDER/HALL, INC.. #RealEstate101 #realestate #commercialrealestate #education #nonprofit #dfwrealestate #dallasrealestate #Dallas

#RandomActsofKindness Thank you to the #ALC2024Cohort, TREC Community Investors ,and Tarrant Roofing Company for believing in the mission of the ZAN WESLEY HOLMES JR COMMUNITY OUTREACH CENTER . We truly appreciate your love for the community and your willingness to impact the lives of others. Today's challenge to everyone who reads this thread is what #RandomActsofKindness can you do that would impact the lives of others? We are better together making a difference in the lives of others. #Zwhjcoc #ALC2024Cohort #TarrantRoofing #TREC #CommunityMatters #MillCityCatalystProject

This morning, our team attended the groundbreaking for Trinity West Villas, a forthcoming mixed-income multifamily housing development within Census Tract 205. Designed to meet a variety of housing needs for an area once impacted by both environmental and economic challenges, Trinity West Villas will feature 31 units ranging from 1 to 3-bedrooms each. Builders of Hope Community Development Corporation is spearheading the project, with support from the City of Dallas, JPMorganChase, Greenleaf Ventures, Bank of Texas, and Re:Studio Architecture. We are grateful to Builders of Hope for their partnership and hospitality. During the groundbreaking, we were presented with a HOPE award for our contributions to the project, which included early loan funding for the development utilizing funds from the Dallas Collaborative for Economic Development (DCED) initiative. We are so proud of this collaborative effort and are so excited for additional quality housing opportunities for our Dallas communities! #communityinvestment #neighborhoodrevitalization #housing #CensusTract205 #Dallas #DFW

We would like to extend a massive THANK YOU to the TREC members and partnering companies that supported us during last week’s North Texas Giving Day! Through your generosity, we raised $43,060, which includes a $40,000 offline contribution from NexBank. Your partnership will help us continue to invest in the disinvested, energize neighborhoods, and change lives. Thank you for joining our unwavering commitment to building a lasting impact in the communities we serve. #NTXGivingDay #NorthTexas #Dallas #philanthropy #neighborhoodrevitalization #communitydevelopment The Real Estate Council (TREC) Communities Foundation of Texas

Our Real Estate 101 for Nonprofits program continued this morning with “Advice for Tenants, Buyers, and Sellers.” This module prepared our participants to face the nuances of buying, leasing, selling and transferring pieces of real estate from the perspectives of each of the major parties involved in a transaction. In addition to program facilitator Elizabeth Solender of SOLENDER/HALL, INC., our group also received insights from Kelly Fisher, a shareholder with VINCENT SERAFINO GEARY WADDELL JENEVEIN PC. Special thanks to Eliza, Kelly, and our generous program sponsors at Origin Bank and Solender Hall. #RealEstate101 #realestate #commercialrealestate #education #nonprofit #dfwrealestate #dallasrealestate #Dallas

We are grateful to have been a part of this morning’s ribbon-cutting ceremony for the new Oak Lawn Place senior housing development! Located at 5723 Sadler Circle, the five-story Oak Lawn Place opened in July. It is run by Resource Center to support the LGBTQIA+ community and adults age 55 and over. The development features 84 units – 79 one-bedroom apartments and five two-bedroom apartments – as well as a large outdoor terrace overlooking a creek, a lobby, community room, mail room, conference and dining space, kitchen, fitness center, and business center. Perhaps most importantly, these apartments will be maintained as affordable for residents and households ranging from 30-60 percent of the area median income. More than half of the apartments have been set aside for those below 50 percent of the area median income. As one of the $31 million project’s early funders, TREC Community Investors contributed $500,000 in 2020 for the acquisition of the property. Additional funders include U.S. Representative Colin Allred, the Texas Department of Housing and Community Affairs, Dallas County/American Rescue Plan Act, City of Dallas Office of Economic Development, National Equity Fund, Inc., Federal Home Loan Bank of Dallas, Amegy Bank, Comerica Bank, Charles Schwab, Veritex Community Bank, Local Initiatives Support Corporation (LISC), Wells Fargo, and private donors. Oak Lawn Place is a shining example of how partnerships can have a long-term positive impact on communities and residents. We are proud to be a longstanding partner of Resource Center and part of this groundbreaking project. We would like to recognize the project’s architect, Perkins&Will, and developer Matthews Southwest, for their critical roles in bringing this significant project to life. #communityinvestment #ResourceCenterDallas #OakLawnPlace #Dallas #DFW #philanthropy #affordablehousing #housing

Excited to learn that our friends at Ruthie's Fueled by Good are moving into the historic space our DCP: Forest District team renovated at 1632 Martin Luther King Jr. Boulevard! Who's hungry? #DallasCatalystProject #DCP #ForestDistrict #Dallas #DFW

Our ALC Project team was back in Mill City last weekend! Class members continued their work to transform the former St. Luke United Methodist Church building into a new home for ZAN WESLEY HOLMES JR COMMUNITY OUTREACH CENTER. Thank you to the ALC class members who spent part of their weekend with us! We can't wait to see the project come together! #TRECCommunityInvestors #DallasCatalystProject #MillCity #philanthropy #communityinvestment #neighborhoodrevitalization #Dallas #DFW The Real Estate Council (TREC)

Today we kicked off the 15th installment of our popular Real Estate 101 for Nonprofits educational program series! Over the next five months, our group of nonprofit leaders will learn the intricacies of buying, selling, and leasing commercial real estate so they can make informed decisions for their organizations. Our first session familiarized participants with how our organization operates and the services we offer (beyond our educational programs!), and provided an overview of what they’ll learn in future program days. The class also heard from Dr. John Carlo, President and CEO of Prism Health North Texas, which operates two administrative offices, five health centers, three pharmacies, and three dental clinics totaling 105,237 square feet of real estate space. Prism Health North Texas has participated in Real Estate 101 twice in the last five years. Special thanks to Dr. Carlo, program facilitator Elizabeth Solender, and program sponsors SOLENDER/HALL, INC. and Origin Bank. #TRECCommunityInvestors #nonprofit #realestate #education #philanthropy #Dallasrealestate #dfwrealestate #dallas