Source: International Business Times
Kinect Kinect Real Estate Partners is opening a new opportunity zone fund built around a single, already-permitted and under-construction development site outside Portland, giving investors a narrower, faster option than the diversified multifamily fund the firm closed weeks earlier. A Single Asset, Not a Blind PoolThe Gresham OZ Fund is a Qualified Opportunity Fund centered on one shovel-ready, transit-oriented multifamily project adjacent to the Gresham Station light rail stop east of Portland, Oregon. Fund is a single-project vehicle: investors know the site, the entitlement status, and the submarket before they commit, rather than betting on a pipeline that will be assembled over several years.
