NORF realized a great opportunity in the creation of an Opportunity Zone Fund to continue its mission in one of our core beliefs of investing in some of the most neglected communities across the gulf south. As a demonstration of NORF’s commitment to these ideals, up to 50% of our properties already developed are currently located within recently designated Opportunity Zones. As further evidence to our commitment, NORF Companies was honored by the Louisiana Landmarks Society with the award of excellence in Historic Preservation for 2019.
After the continuing success of the New Orleans Redevelopment Fund’s (NORF) first two private equity real estate investment funds and its first Opportunity Zone Fund (NORF 3 Opportunity Zone Fund), NORF 4 Opportunity Zone Fund will leverage NORF’s unique expertise investing in some of the Southeast’s most neglected communities. The Fund will draw upon NORF’s extensive blighted property redevelopment experience utilizing Historic and New Market Tax Credits to optimize investor returns. NORF has identified and begun work on properties in markets including New Orleans, Baton Rouge, Houston, San Antonio, and will focus on additional areas of the Gulf South.
|Fund Manager:||New Orleans Redevelopment Fund LLC (NORF Companies)|
|Asset Classes:||Real Estate|
|Fund Status:||Open to new investors|
|Investment Locations:||Louisiana, Texas|
|Property Types:||Hotel, Mixed-Use, Multi-Family Housing|
Fund Contact Information
For additional information on this fund, contact: