USG Realty Capital has announced the addition of a 176-unit multifamily development in Tacoma, Washington to its portfolio of Opportunity Zone projects. The Market Square Apartments will be located near the Greater Tacoma Convention Center and is scheduled for completion…

Revitate has made an investment from its Impact OZ Fund 2022 into Victory Logistics District, a 4,300 acre industrial development located in Fernley, Nevada. “This community is the perfect location for our investment, both as an important logistics hub for…

Qualified Opportunity Funds tracked by Novogradac raised $9.68 billion in equity in 2022, setting a new record for the largest single-year total in Opportunity Zones history. As of December 31, 2022, Qualified Opportunity Funds participating in Novogradac’s voluntary survey of…

RevOZ Capital announced this week that it has successfully recapitalized its San Bernardino Medical Center project, and will be making a special distribution to investors. Construction of the facility, which encompasses more than 11,000 square feet, started in May 2021…

OpportunityDb will host OZ Pitch Day Fall 2022 on Wednesday, November 9th, beginning at 10:00 AM Eastern Time. Silicon Valley OZ fund manager Urban Catalyst is the Title Partner for this event. This will be OpportunityDb’s seventh OZ Pitch Day…

Pinnacle Partners announced plans to develop a new multifamily housing project in an Opportunity Zone in Denver, Colorado. Pinnacle is providing the LP equity for the deal, with Mortenson Development serving as the developer. The project will include a mix…

According to new data from Novogradac, equity raising by Qualified Opportunity Funds was largely flat from Q2 to Q3, but the QOFs that they track are still on pace to exceed $10 billion for the year. As of September 30,…

Grubb’s Link Apartments Opportunity Zone REIT announced this month the addition of five multifamily developments in the Los Angeles area. In aggregate, the projects will add more than 650 units of housing to the area. The largest of the projects…

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.,…