Say it with me, “Socially responsible apartment investors.” Has a nice ring to it, doesn’t it?

LH Today has previously reported on apartment communities working to get it right here in Lake Highlands. You can read about them here.

On average, however, you don't hear as much about them in the media.

Learning Links Centers (LLC) is one such group.

Founded just over seven years ago, LLC is a Los Angeles-based investment management company that specializes in the acquisition of apartment buildings in low to moderate income neighborhoods.

As a “socially responsible” apartment investor, this group deploys a unique business model - one which is far removed from that of a typical apartment investor.

“A percentage of the units are set aside for accredited school teachers," explains CEO Joseph Killinger. "These teachers are given discounted or free rental rates in exchange for tutoring the children that reside in their apartment complex."

The business model goes beyond simply providing easy access to free tutoring for the residents. LLC, through the non-profit group Education Advantage Foundation, invests in and develops a resource or study center which is equipped with computers, educational software, books arts and craft materials and games.

“By offering these services to our residents, we help create a village mentality," says COO George Pino.

"People who live in a village are very proud of their surroundings, and this in turn provides a more stable residency with low tenant turnover and maintenance costs,” he says.

Currently, LLC owns two apartment complexes in the Dallas area, one of which is located in Lake Highlands near the Forest and Audelia intersection.

LLC bought the Ashley Apartments at 9855 Shadow Way Lane in late 2008, and celebrated their grand opening in March of this year under a new name - The Madeline.

The complex consists of 292 units and expects to have over 100 students enrolled in their after-school program, which will be supported by four accredited teachers and six to eight program assistants.

In addition to the resource centers, LLC takes a very active approach in the buildings they manage.

“Our goal is to treat everyone like we want to be treated,” says Pino. “We make every effort to build a professional relationship with each and every tenant. We also have high expectations of our managers and train them to on the importance of treating each resident with equality and respect.”