Atlas Real Estate Partners is taking a unique, long-term view as it launches its fourth Opportunity Zone Fund, using a 10-year minimum hold period and targeting multifamily housing in the Southeast and Texas.
It seeks to raise $100 million in equity from accredited investors and will allow direct investment with an experienced sponsor developing multifamily in high-growth markets.
Arvind Chary, co-founder of Atlas Real Estate Partners, said the core southeast multifamily continues to perform well despite the current market volatility.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
