Waterford

At Waterford Property Company, we take pride in creating projects for community members who need quality housing in an extremely competitive market.? The Essential Housing program offers restricted rents at rates our teachers, nurses and essential workers can afford, which helps to increase the quality of their lives.? Don't just take our word for it though, hear what our residents have to say about the Essential Housing program and how it has supported them by providing them not only a sense of home but also Housing Security moving forward.? #property #housing #property #quality #teachers #community #nurses #essential #realestate #development #homesweethome

“Set a plan, be smart, and take that first leap.” Hear from Co-Founder and Head of Capital Markets, John Drachman, on his first foray into real estate—and his journey to launching Waterford Property Company. Watch the full interview here: https://lnkd.in/gck4X986

Meet Nathan Hall, an Associate at Waterford. Nate is integral in assisting our acquisitions team by underwriting potential investment opportunities and conducting due diligence as we expand services into Texas. Before joining Waterford, Nate had a four-year career as a linebacker in the National Football League (NFL)—with both the Dallas Cowboys and the Houston Texans. Today, Nate brings deep expertise and a passion for learning to his professional career. He holds a Bachelor of Science in Learning & Organizational Change and Business Institutions from the Northwestern University School of Education and Social Policy, and a Master of Science in Management Studies from Northwestern University - Kellogg School of Management. When Nate isn’t supporting a Waterford project, he enjoys golfing and riding his motorcycle through the canyons. Thank you, Nate, for your excellent work and vision. We’re glad to have you on the Waterford team! #WorkingAtWaterford

Thrilled to see a spotlight on the Sienna Residences by the LA Times and the social impact that Waterford is creating for its tenants. In partnership with the California Statewide Communities Development Authority (CSCDA), we acquired this 472-unit building in Los Angeles County?in 2021 and converted it to "very low”, “low” and “moderate” income affordable housing. Since then, the apartment community has been improved with over $18,500,000 ($39,000 per unit) in reinvestment while lowering rents. Over the past two-plus years, nearly half the units saw rents decline by an average of $522 per month or $6,268 annually. This provides much-needed rental relief to the residents of Sienna Residences and long-term housing security. As the U.S. housing crisis deepens, many low- and middle-income families are entirely locked out of the housing market. Projects like this are scalable—and have the potential to make a transformative difference in the lives of many American families. Read more on the Sienna Residences and other rental housing solutions in the Los Angeles Times: https://lnkd.in/gSf-J4kV

Delivering impactful and innovative housing solutions is the core of what we do. At Waterford, our commitment is to transform communities through impact-driven investment and a resident-first approach. This foundation fuels every element of our business—from how we can engage with our residents, business partners, and investors, to how we lead and manage our team of Waterford employees. This is the Waterford way.

Waterford is proud to partner with Project Destined on their program to help the next generation of Real Estate professionals learn our business. Our two Co-Founders Sean Rawson and John Drachman have extensive experience teaching and speaking to young professionals and students and believe through education we can help continue to help our industry grow and expand. Real Estate is a wonderful business that can directly impact people in so many positive ways. Sharing our experiences and helping to foster and mentor future leaders of our industry is simply in our DNA.

Waterford is proud to announce our acquisition of Axis Kessler Park alongside our investment partner, The Vistria Group. This is our second acquisition in the Dallas market and second joint venture with such an outstanding mission driven firm in Vistria. This project will continue our mission of delivering impactful housing solutions by deed restricting half the units at the project to target tenants who make 80% or less of the local average median income. Dallas has seen unprecedented population growth over the past ten years which have caused rents to increase dramatically. This project will help to provide more affordable housing for Essential workers in the area who are currently paying more of their income to rents then ever before. We want to thank John Gilmore IV and his team at Walker & Dunlop for securing the debt for us on this project with Freddie Mac. We are also thankful for the support of the City of Dallas Housing Finance Corporation as a partner with us in this venture. Finally, we are really thankful for Johnathan Makus and his team at CBRE who represented the seller and helped put this transaction together. Waterford is excited about continuing to expand into the Texas market and finding ways to drive our mission of creating impactful housing solutions! https://lnkd.in/gwVnCW7b

What does it mean to positively impact your community? For us, it means prioritizing the needs of all residents who live in our communities. It means supporting local organizations outside of our industry. It means documenting hard data that shows both our success and our areas of improvement. It means developing partnerships with those who strive to do the same. There is no perfect solution, so we encourage others to find their best path forward. See below to learn more about our impact initiatives. #impact #workforcehousing #realestate #community Click on www.waterfordco.com to learn more about Waterford

Waterford is proud to announce our acquisition of Domain at Midtown Park along with our investment partners, The Vistria Group and Northern Liberties. We are so excited to enter the Dallas market with our first acquisition outside of California. This project will continue our mission of delivering impactful housing solutions by deed restricting half the units at the project to target tenants who make 80% or less of the local average median income. Dallas has seen unprecedented population growth over the past ten years which have caused rents to increase dramatically. This project will help to provide more affordable housing for Essential workers in the area who are currently paying more of their income to rents then ever before. We want to thank John Gilmore IV and his team at Walker & Dunlop for securing the debt for us on this project with Freddie Mac. We are also thankful for the support of the City of Dallas Housing Finance Corporation as a partner with us in this venture. Waterford is excited about the potential opportunities it is seeing to achieve its mission in 2024 and beyond in California and now in Texas! https://lnkd.in/gdbDTF9r

Waterford is currently hiring an Associate Director to join our Acquisitions and Development teams. We are entering a period of growth at our firm and want to find the best candidate to help us continue our mission of delivering Impactful Housing solutions in all the markets we operate in. If you are interested, please apply via the link below #hiring