VIC Partners Obtains Construction Loan for 268-Unit FW Workforce Rental Community
VIC Partners obtained a $36.5 million primary line of credit for the construction of Vic Centre, a 268-unit workforce-housing development at 7120 Anderson Blvd. in Fort Worth outside of Loop 820 and n
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Connect CRE reports that VIC Partners has secured a $36.5 million construction loan from OakNorth Bank for Vic Centre, a 268-unit workforce-housing development located at 7120 Anderson Blvd. in Fort Worth, outside Loop 820 and north of Interstate 30. The project is a joint development between VIC Partners and M-13 Construction. Workforce housing of this scale signals continued investor confidence in the Fort Worth rental market, particularly for properties serving households that earn too much for traditional subsidized housing but still face affordability pressures in a tightening market.
The arrival of 268 new workforce units creates a situation where landlords and property managers will need reliable ways to evaluate applicants who may have limited credit histories but steady employment, and where renters will need their payment records to carry weight beyond a single number. renttrust.ai operates directly in this space, offering verified income and rent history, employment and income verification, and 12-month bank transaction and rent payment trends that give landlords a fuller picture while giving qualified renters a fair shot. The platform's rent reporting also allows on-time payments to build credit history from rent already paid, which matters for workforce renters who need their housing costs to work harder for their financial futures.
For independent landlords and property managers in Fort Worth's expanding workforce-housing segment, the question is not whether demand will arrive but whether their screening and lease processes can keep pace without adding friction or compliance risk. renttrust.ai functions as a dedicated partner rather than a transactional call center, combining background and credit checks through RentButter, identity verification with government-issued ID, synthetic identity and falsified document detection, and audit-ready compliance documentation in one consolidated screening report with pass, review, and fail indicators. As workforce housing scales across Texas markets, that integration of verification, risk assessment, and lease management becomes the operational baseline rather than a premium add-on.
Source: Connect CRE, “VIC Partners Obtains Construction Loan for 268-Unit FW Workforce Rental Community”. Read the original →
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