Fund Name | Solace of Ballpark Village – Goodyear, AZ |
---|---|
Fund Manager or Organizer(s) | Jackson Dearborn Partners |
Fund Size | $12,600,000 |
Fund-Related Website | jacksondearborn.com |
Investment Focus |
Multifamily Residential
|
Geographic Focus |
Arizona, Illinois
|
Additional Fund Details | • 211-unit ground-up multifamily project in high growth Phoenix suburb of Goodyear, AZ • Fully entitled and in for permitting – construction starts in January 2021, completion in Q3 2022 • $44 million project cost – seeking $11.34 million in qualified opportunity zone equity after $1.26 million in GP equity commitment • Jackson Dearborn Partners and Sub4 Development – established sponsor with nearly 2,000 multi-family units and 4,000 student housing beds • 40 completed or ongoing ground-up construction projects including a $300 million development pipeline and seven opportunity zone projects • Chicago and Champaign, IL-based group with an office in Scottsdale and three projects in the works in Phoenix, MSA |
Fund Contact | |
Name | Sean Lyons |
Job Title | Partner |
Phone | (773) 505-7326 |
slyons@jacksondearborn.com |