|Southern US RE QOF
|Fund Manager or Organizer(s)
Commercial Real Estate, Community Revitalization, Economic Development, Mixed-use Development, Multifamily Residential, Small Business Development
|Additional Fund Details
Located in the heart of Ybor City, Florida, the Martí Solo Suites project will offer mid-market-rate housing options to the area. As Florida’s population continues to grow, the demand for housing increases exponentially. According to guidelines, this project is located in a Historic District and therefore qualifies for both Historic and Tax credits.
The Clearwater Gardens Assisted Living Facility Project will provide 120 beds, along with adult daycare, respite care, and companion suite options. This project will feature an onsite salon and barbershop, along with tasteful, resort-style landscaping and quarters. There is currently a 200-bed shortage for Assisted Living Facilities in the Clearwater area, and this project will effectively solve 51% of the deficit.
|• Multi-Asset investment diversification and concentration of asset classes/subclasses across the Southern U.S. avoids concentration of investments in a specific location or property type. Specifically, in favorable census tracts reflecting high growth and undervalued areas providing quality/integrity real estate with operating businesses for communal sustainability while balancing the investment portfolio to mitigate risk either by specific asset classes or sub-asset classes.
• Management Fees – 1.75%
• Carry Fee to the GP – 20%
• Operating Expenses – up to 2% (target $250,000)
• Capital Raising Fees – Absorbed by the Fund
• Finders up to 1.5%
• IBD up to 10%
• RIA up to 6%
• IRR 17%
|Principal / CEO
Opp Zone Capital is a private equity firm focused on strategic diversification of multifamily, hospitality, and storage assets.
Invest in high-growth and undervalued areas in the Southern US region. We believe the areas contain favorable census tracts that are poised for growth.
According to our analysis, identified areas of the Southern US already enjoy national attention from investors. We believe our projects will run alongside the already steady growth in the regions and contribute to expanding these areas.
We believe the properties of focus will become staples in the communities we invest in and provide a long-standing commitment to quality and integrity. In our opinion, select cities in the US’s southern region will continue to provide the demographics and growth necessary for successful development.
OZC is committed to playing a part in creating a sustainable future for our planet. You can see our initiatives at work through the use of solar power in our future developments.