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PLANO, TEXAS — Comunidad Partners, an Austin, Texas-based investment firm that specializes in affordable and workforce housing, has acquired Lakeshore at Preston Apartments in Plano, 20 miles north of Dallas. CBRE represented Comunidad Partners and the seller, Chicago-based Waterton, in the transaction.
Lakeshore at Preston Apartments consists of 302 apartments in one- and two-bedroom floor plans. The community is reserved for households earning 80 to 100 percent of the area median income. Amenities include a pool, lounging areas, pickleball court and beach volleyball courts.