BOCA RATON, Florida – (COMMERCIAL THREAD) –Waypoint Real Estate Investments (âWaypointâ) closed 2020 with the closing of its first investment in preferred shares. The investment in Trinity Lakes will be used to develop vertical and horizontal infrastructure on the remaining 149 undeveloped acres in the mixed-use section of this planned 1,600-acre transit-oriented community in Fort Worth, Texas. Once the infrastructure is in place, the subdivided plots would have to be sold to various developers to build a mix of commercial and residential projects.
Waypoint recently launched its preferred stock investing program. The company has extensive experience in the acquisition, development and operation of properties in the rental housing industry. The expansion into preferred shares will allow Waypoint to provide capital solutions to multi-family developers.
âWe are delighted to launch our latest initiative to provide investment solutions and further increase Waypoint’s footprint in the rental housing industry,â said Scott Lawlor, Managing Director of Waypoint Real Estate Investments.
About Waypoint Real Estate Investments
Waypoint Real Estate Investments (âWaypointâ) is a vertically integrated real estate investment company specializing in the rental housing industry. Founded in 2011 and with four offices nationwide, the company acquires, develops, operates and finances multi-family rental properties across the United States, with a focus on the Sunbelt area. Waypoint’s real estate business exceeds $ 4 billion on more than 28,000 units.