OZ 2.0 Enacted!
OZ 2.0 Enacted!
USG/OZI has announced the addition of a six-story Class A multifamily development in Milwaukee, Wisconsin to its portfolio. The Elevation 1659 project, which will have 76 units, is scheduled to be completed in July 2023. Average rent is expected to…
A unique opportunity zone project focused on restarting the historic Darwin Mine in eastern California was awarded the top prize at the Denver OZ Expo earlier this month. The single asset OZ fund is looking to raise $66 million in…
Canyon Partners Real Estate, through a joint venture with GMH Communities and CRG, has invested $36 million in a student housing development located in a Reno opportunity zone. The building will include 755 beds, and is expected to be ready…
Cleveland-based MCPc announced this week that it will make a $12.5 million investment in the Madison Square neighborhood of Grand Rapids. The building, located in one of Grand Rapids’ eight opportunity zones, will be finished next year and is expected…
The OZ Expo is July 15-16 in Denver, CO. The conference will feature a pitch session featuring eight developers showcasing their projects to a panel of judges for a chance to win the Top Project or Most Impactful Project awards. Colorado governor Jared Polis…
Bank OZK will provide a $38 million construction loan for the Wynwood Haus, a 224-unit building located in Miami, Florida. The 20-story building, which will feature ground floor commercial space, will be home to studio, one-bedroom, and two-bedroom units ranging…
Urban Catalyst has completed the acquisition of land to be used for the development of its Delmas Senior Living project in downtown San Jose, CA. The facility, which is expected to break ground in the third quarter of 2021, will…
Agora Realty, a real estate developer based in southern California, has formed a joint venture with a family office to invest in properties located in opportunity zones. The $50 million fund will focus on properties in Nevada, Hawaii, Arizona, Colorado,…
The GRASS QOF announced that it has acquired the Tiger Field airport in Lyon County, Nevada. Tiger Field was a public use airport owned by the U.S. Bureau of Land Management located south of the city of Fernley. GRASS plans…
The Woodforest CEI-Boulos Opportunity Fund, a unique collaboration between Woodforest National Bank and CEI-Boulos Capital Management, announced a $3 million equity investment in The Wesmont on the east side of Indianapolis. The Wesmont is named after Indianapolis native Wes Montgomery,…