TRINITY FUNDS ACQUISITION OF NEALRY 1200 APARTMENT COMMUNITIES IN DALLAS


In March 2017, Trinity Investors (formerly Trinity Private Equity Group) partnered with S2 Capital to acquire and renovate two garden-style multifamily communities in Dallas, Texas. Willow Pond (since renamed The Hive) was built in 1974 and consists of 386 units, and Tierra Linda (since renamed The Muse) was finished in 1969 and has 804 units. TPEG provided $18.39 million in preferred equity and mezzanine capital.


In October 2020, the partnership successfully closed on the sale of The Muse. The Hive has since been refinanced and remains in the portfolio.


Trinity Investors is a private equity firm located in Southlake, Texas. If you are interested in learning more about our alternative investing opportunities, please contact a member of our Client Relations Team.