Opportunity Zones

NorthMarq's regional office in Seattle arranged the deal on behalf of Seattle-based Trent Development and Atlanta's Hatteras Sky.

Investments in qualified opportunity funds tracked by a key industry list have surpassed $10 billion, according to San Francisco-based professional services…

The 152-unit apartment complex has studio, one-bedroom and two-bedroom options that are 65% leased.

The fund will be available in four share classes and involve a wide range of investments, including real estate, publicly traded real estate investment trusts, real estate debt, floating and fixed rate loans and credit investments.

The developer secured a $92 million construction loan, in addition to Opportunity Zone funding, for the 403-unit, Maryland asset.

David Linn with the White Plains-based The Galinn Fund LLC has sold the parcels at 251 Douglass St. to New York City-based Tavros Capital Partners and the Charney Companies of Long Island City.

The pandemic-induced, historic plummet of the stock market shows that diversification in long-term alternatives to equities is critical. That can occur in rural areas.

The Habitat Company and P3 Markets have received LIHTC approval from the city of Chicago for a transit-oriented, mixed-use development in the historic Grand Boulevard neighborhood.