Community Redevelopment announced that it has signed an LOI for a residential joint venture in San Antonio, TX. The development will feature 113 duplex homes consisting of 226 housing units with 3 bedrooms, 1.5 bathrooms, and a one car garage. The project will also have a clubhouse, a pool, and a playground area.

The terms of the LOI for the Joint Venture call for Community Redevelopment to be the majority of a newly formed LLC, which will be utilized to acquire, develop, rent, and ultimately sell the property. A Massachusetts based developer will be the joint venture partner. Community Redevelopment offers investors an opportunity to participate in the growth and upside of trends in the real estatemarket by being a shareholder.

As an owner of shares of common stock, investors experience significantly increased liquidity as compared to owning real estate.