$20,000,000 (20% LP Equity):
Class A 270 units, core downtown Oakland, CA high-rise apartment building in the fastest-growing apartment community in the USA.
- Unique Opportunity Zone Project: Strategically located on the edge of the Ozone and CBD market. Investors are getting the best of both opportunities, Ozone tax incentives, plus market stability and growth.
- 12% IRR including US tax deferral benefit, 2.17 multiple
- Sponsors are national leaders with $8B AUM
- Minimum investment: $300,000