Papillon Opportunity Fund

HC Global, in partnership with Selkirk Development, has established the Papillon OZ Fund, a single-property opportunity zone fund centered around the Papillon Towers Development in Spokane’s North Bank Neighborhood. The integrated, shovel-ready project will boast a mid-rise tower, a high-rise tower, a parking podium, and encompass nearly 500,000 sq ft offered.

The Papillon development is one of the last remaining rare and undeveloped private properties in Spokane’s North Bank neighborhood. The greater Spokane area has substantial unmet demand for modern office (Class A), retail, hospitality, and event spaces; significantly in mixed-use configurations like the Papillon Towers.

Fund Manager: HC Global
Asset Classes: Business, Real Estate
Fund Size: $50M
Minimum Investment: $500K
Portfolio Type: Single-Asset
Fund Status: Open
Investment Locations: Washington
Property Types: Hotel, Mixed-Use, Office, Parking

Fund Contact Information

For additional information on this fund, contact: