Property developer and asset management firm Sound West Group has announced the launch of Sound West Realty Capital, an investment firm focused on qualified opportunity zone funds. Their first program — Sound West OZ Fund I — will be available for investment in September 2018. That fund will be a multi-class project in the greater Seattle area, with a focus in downtown Bremerton, WA.
The fund is seeking to raise $50 million, and the minimum investment will be $50,000.
Update 1/2/19: Sound West Realty Capital president Greg Genovese joined the Opportunity Zones Podcast to discuss project-driven opportunity zone funds.