Single asset multifamily development QOZ Fund closed March 2021. This is Milhaus’s fifth QOZ Fund. The Fund project, Milhaus North Tempe, is a two-phase 621-unit, $177.2M, multi-family project located in an Opportunity Zone in Tempe, AZ. The Property is just north of the Lake on Miller Rd. (Playa Del Norte Dr) adjacent to Rio Salado Park. Milhaus North Tempe will add a strong residential base to a thriving commercial node with the likes of State Farm and institutional anchors like ASU. Banyan Residential is serving as Milhaus’s local development partner on this Project.
| Fund Manager: | Milhaus |
| Asset Classes: | Real Estate |
| Fund Size: | $177M |
| Minimum Investment: | $1M |
| Portfolio Type: | Single-Asset |
| Fund Status: | Closed |
| Investment Locations: | Arizona |
| Property Types: | Commercial, Multi-Family Housing |
Fund Contact Information
For additional information on this fund, contact:
Chris Beres
574-514-0534
[email protected]
milhaus.com
