Adam Stifel
Recently Capital Square announced the launch of a new qualified Opportunity Zone fund – CSRA Opportunity Zone Fund II.
Unlike some other funds, Capital Square's vehicle is a project-specific Opportunity Zone fund that is raising capital to develop Scott's Collection II, a 60-unit, mixed-use multifamily property in the Scott's Addition designated opportunity zone in Richmond, Va. CSRA Opportunity Zone Fund II seeks to raise $6.35 million in equity from accredited investors.
In July 2019, Capital Square announced the launch of CSRA Opportunity Zone Fund I to develop Scott's Collection I, a single-structure, ground-up development that will include a five-story, Class A multifamily community with 80 units. Scott's Collection II will be adjacent to Scott's Collection I.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
