Urban Catalyst Opportunity Zone Fund II

Building on the success of Fund I, which closed in 2020 after raising $131 million, Urban Catalyst launched Urban Catalyst Opportunity Zone Fund II, LLC in 2021 with a two-tower development named Icon/Echo. The company intends to redevelop one side of a city block into an approximately 500,000-square-foot office tower (Icon) and an apartment high-rise with nearly 400 units (Echo).

Icon/Echo is part of Fund II’s diverse portfolio of ground-up development projects, consisting of a Marriott TownePlace Suites called Keystone and a senior living facility named Gifford Place. Urban Catalyst’s demolition subcontractor began clearing the Keystone site in February 2023. The company expects to complete the 176-key hotel during the first quarter of 2025. For Gifford, Urban Catalyst demolished the project site in 2022 and is scouring the market for construction financing to take the 169-unit senior living project vertical.

Interested in learning more about this opportunity?

You can visit the Official OpportunityDb Partner Page for Urban Catalyst Fund II to:

  • View beautiful high-resolution images.
  • Learn key details about fund and related projects.
  • Request more information from the fund sponsor.


Fund Manager: Urban Catalyst Manager LLC
Asset Classes: Real Estate
Fund Size: $200M
Minimum Investment: $250K
Portfolio Type: Single-Asset
Fund Status: Open to new investors
Investment Locations: California
Property Types: Hotel, Multi-Family Housing, Office, Senior Housing

Fund Pitch Videos

This fund is featured in the OZ Pitch Day video below:

Opportunity Zones Podcast

This fund has been featured on the Opportunity Zones podcast:

Fund Images

The image below has been provided by the fund manager:

Fund Contact Information

For additional information on this fund, contact:

Mo Obeid
[email protected]