Victory PartnersVictory Partners
Dallas–Fort Worth skyline at dusk
Reg D 506(c) · Dallas–Fort Worth

Institutional-Grade Retail Real Estate.Direct Access.

Value-add retail acquisitions across the Dallas–Fort Worth metroplex. $412M deployed across 19 transactions, targeting a 15–18% net IRR.

AUM $412M19 Transactions ClosedAvg. Realized IRR 17.4%2.4M SF AcquiredDallas–Fort WorthReg D 506(c)Necessity-Based RetailAUM $412M19 Transactions ClosedAvg. Realized IRR 17.4%2.4M SF AcquiredDallas–Fort WorthReg D 506(c)Necessity-Based Retail
$0M
Assets Under Management
0
Transactions Closed
0.0%
Avg. Realized IRR
0.0M
Square Feet Acquired
01Strategy

Three constraints. No exceptions.

Every acquisition must satisfy all three pillars. Discipline at the front end is the only reliable source of downside protection in this asset class.

Value-Add Retail

We acquire physically or operationally under-managed centers at a basis below replacement cost, then execute a defined leasing and capital plan. Return is manufactured, not assumed.

Necessity-Based Tenancy

Grocery, service, and daily-needs tenancy underpins every acquisition. These categories have proven the most resilient through rate cycles and the most defensible against e-commerce.

DFW Growth Corridor Focus

We underwrite one metroplex and know its submarkets block by block. Local conviction produces off-market access and sharper pricing than a generalist national mandate.

02 / Track Record

Performance, deal by deal.

Realized returns across the firm's closed transactions, alongside targeted returns for the current portfolio. We report at the deal level rather than the fund level because that is how investors actually experience outcomes.

0.0%
Weighted Avg. Realized IRR
0.0x
Avg. Realized Equity Multiple

Illustrative data shown for design purposes only. Past performance is not indicative of future results.

03Current Offerings

Three assets. One metroplex.

Full financial detail, offering memoranda, and diligence files are released to verified accredited investors inside the deal room.

The Mercantile at Southlake
Open
Southlake, TX · Grocery-Anchored Retail

The Mercantile at Southlake

Target IRR
1618%
Equity Multiple
1.7x
Minimum
$50K
Total Raise
$18.5M
Funded64%
Accredited Investors OnlyView
Trinity Commons
Open
Fort Worth, TX · Power Center

Trinity Commons

Target IRR
1517%
Equity Multiple
1.6x
Minimum
$50K
Total Raise
$26M
Funded41%
Accredited Investors OnlyView
The Exchange at Frisco Station
Open
Frisco, TX · Mixed-Use Lifestyle Retail

The Exchange at Frisco Station

Target IRR
1214%
Equity Multiple
1.5x
Minimum
$100K
Total Raise
$34M
Funded82%
Accredited Investors OnlyView
04 / Market

Why Dallas–Fort Worth.

DFW has added more residents than any metro in the country for four consecutive years while retail construction has remained structurally constrained. That imbalance — demand growth against a nearly fixed supply of well-located centers — is the durable tailwind underneath our thesis.

8.1M
Metro Population
+11.2%
5-Yr Population Growth
4.1%
Retail Vacancy
3.9M SF
Net Absorption (TTM)

Market figures are illustrative and shown for design purposes.

Southlake
Fort Worth
Frisco
Dallas–Fort Worth Metroplex
05Process

From verification to distribution.

01

Verify

Complete accredited investor verification under Rule 506(c).

02

Review Deal Room

Access the full offering memorandum, model, and diligence file.

03

Commit Capital

Indicate interest, e-sign subscription documents, and fund.

04

Track Performance

Monitor distributions, reporting, and K-1s in your dashboard.

The diligence file was more complete than what we receive from institutional managers running ten times the capital. That told us everything.
RMFamily Office Principal
They passed on two deals we were excited about and explained exactly why. Discipline at the acquisition stage is what we're paying for.
JTPrivate Investor, 4 Offerings
Reporting arrives when they say it will, and the numbers reconcile. That is rarer in this asset class than it should be.
KARIA, Allocating on Behalf of Clients
Investor Portal

Request access to the deal room.

Verification takes minutes. Once complete, you'll receive immediate access to offering memoranda, financial models, and full diligence files for every active offering.