The Normandy Opportunity Zone Fund LP will seek to invest in “value add-to-core” and “build-to-core” commercial real estate in select qualified opportunity zones in the Northeast, where Normandy has been investing for over 20 years. The Fund is targeting a gross internal rate of return of 12 percent. As of 12/31/19, the Fund has closed on three investments, has identified a significant pipeline of opportunities and expects to be able to invest the fund within two years.
Fund Size ($)$250,000,000
Minimum Investment ($)$100,000
Date AddedNov 1, 2018 (2 years ago)
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