Argosy Real Estate Partners (AREP) is seeking to raise up to $300 million for a Qualified Opportunity Fund. The fund will seek high-quality development and redevelopment projects with the goal of building a diversified portfolio by asset class and geography in markets where AREP has demonstrated expertise and an established operating partner network. The fund … Read more
The Galena Opportunity Fund (“GO Fund”) is a real estate developer that invests in Opportunity Zones in the Pacific Northwest, northern California, Nevada, and Rocky Mountain regions. The fund specializes in multi-family or residential-anchored developments in Idaho and the surrounding region.
Sortis Holdings administers Sortis Opportunity Zone Fund I, a new Tax Reduction Fund for investors to take advantage of one of the best capital gains tax reduction programs of a generation. Created through the Tax Cuts and Jobs Act passed in December 2017, Opportunity Zones offer investors the ability to invest realized capital gains into … Read more
The SmartCap Opportunity Zone Fund’s first project will be a 12.5-acre industrial development north of Seattle in Arlington, Wash. The company is raising $10 to $10.5 million for the project, most of which has already been committed, according to Tim Shoultz, who is leading the fund with his partner Joe Ollis.
Sound West OZ Fund I is a project-driven opportunity zone fund, invested in Marina Square — located in downtown Bremerton, Washington. Plans for Marina Square include a new hotel, restaurant/bar, and apartments in two, 6-story towers above 3-levels of subterranean parking. Sound West Realty Capital’s Greg Genovese joined our podcast in January 2019 to discuss Sound … Read more
EquityMultiple connects accredited investors with exclusive, pre-vetted commercial real estate investments at low minimums. For their Opportunity Zone investing products, EquityMultiple has partnered with developer Youngwoo & Associates. The companies are tentatively aiming to raise about $500 million for the fund, according to Youngwoo & Associates executive vice president Bryan Woo. He cited New York, … Read more
The Fundrise Opportunity Fund intends to focus on investing in high-quality real estate in major US cities with long-term growth potential. Fundrise takes the same simple, low-cost approach that they use in all of their offerings and are applying it to this exciting new way to invest.