HG Portfolio Opportunity Zone Fund has launched to raise up to $250 million to draw investors for cannabis businesses and Opportunity Zone real estate. The investment fund will acquire a diversified portfolio of real estate assets, including multifamily, hotel, commercial, industrial and agriculture/cannabis.
- Opportunity Zone Expo Staff
SoLa Impact was established to create market returns for investors while revitalizing urban areas to develop high-quality affordable housing in low-income communities. The $100-million SoLa Impact Opportunity Zone Fund’s mission is multifamily rehab and development, while simultaneously helping create jobs and revitalize neighborhoods.Opportunity Zone Expo Staff
In an effort to bring together savvy investors with high-growth start-up companies, the Verte Opportunity Zone Fund has been established to raise up to $100 million.
Hall Labs, the Provo, Utah-based research and development hub known for creating the world’s first man-made diamond, is giving Opportunity Zone investors a chance to buy into a portfolio of start-ups created to commercialize the lab’s innovations.
Sage Oak Assisted Living and ANG Development Group have embarked on a joint venture to build a $17-million assisted living and memory care campus in Denton, Texas, located in an Opportunity Zone.
Virtua Partners is leveraging Opportunity Zone capital for a new $20-million multifamily development in Tempe, Arizona, in a deal that combines Opportunity Zone (OZ) benefits with local urban revitalization incentives.
New York’s EquityMultiple is bringing its crowd-funded real estate investment model to the Opportunity Zone space with a $2.4 million investment in an Arizona industrial complex.
Leading global alternative asset manager Highmore has unveiled a real estate Opportunity Zone fund with a $200 million targeted capacity. The fund was launched in the first quarter of 2019.
Walker & Dunlop Inc. has provided a $21,086,700 construction loan for the Kodak Crossing project in Kodak, Tennessee. The new multifamily property will be developed by VITA Development Group, Inc. in Sevier County, a designated Opportunity Zone census tract.