OZ Pitch Day - June 19
OZ Pitch Day - June 19
Four Points Funding has launched its fifth Qualified Opportunity Fund (QOF), with the firm’s first four funds having invested in 17 OZ projects totaling $175 million of equity and over $200 million of total project cost. Four Points continues to…
USG Realty Capital has broken ground on a 76-unit multifamily development located in a Milwaukee Opportunity Zone. The project, known as Elevation 1659, is scheduled for completion in September 2023. The site for the development, located at 1659 Jackson St.,…
EJF Capital and Chance Partners have broken ground on The Jack on Beach, a multifamily project that will consist of four buildings and a total of 295 units in Jacksonville, Florida. The Jack will be developed on a nearly 10…
Griffin Capital has completed a successful recapitalization of its Laurel Apartments in East Austin, and announced a special distribution to investors in its Qualified Opportunity Fund. Laurel Apartments is a 300-unit complex, which was developed along with Greystar Real Estate…
According to new data from Novogradac, capital raising by Qualified Opportunity Funds slowed in the second quarter of 2022, compared to Q1, as broader markets slumped and inflation hit four-decade highs. As of June 30, 2022, Qualified Opportunity Funds participating…
Revitate has launched fundraising for its Impact OZ Fund 2022, marking the fourth Qualified Opportunity Fund (QOF) led by co-founders Alex Bhathal and Lisa Merage. The new fund will focus on multifamily and industrial projects in emerging metropolitan areas across…
OpportunityDb is set to host OZ Pitch Day Summer 2022 tomorrow, July 28th, beginning at 10:00 AM Eastern Time. Silicon Valley OZ fund manager Urban Catalyst is the Title Partner for this event. It will be the sixth OZ Pitch…
Capital Square announced that it has broken ground on its ROOST Apartment Hotel project in Charleston, South Carolina, targeting a completion of construction in approximately one year. The project, located at 529 King Street in Charleston, will consist of a…
Opportunity Zone investment firm Pinnacle Partners is partnering with Spectrum Development Solutions on a 160-unit apartment building in Spokane’s University District. The four-story building will have a footprint of more than 100,000 square feet and feature a mix of studios,…
A 240-unit multifamily community known as Veterans Victory in Colorado Springs, CO has received equity investments from Tocqueville Asset Management and CapZone Impact Investments. The Opportunity Zone development includes over 300,000 square feet of Class A real estate, and 20,000…