Origin Investments, a leading real estate fund manager headquartered in Chicago, has successfully closed its second Qualified Opportunity Zone Fund (QOZ Fund II) after raising more than $300 million. The close of QOZ Fund II follows the successful raise of more than $264 million for its predecessor.
To date, Origin’s QOZ Fund II has committed to seven different ground-up multifamily rental developments expected to total over 2,500 units across Atlanta, Colorado Springs, Jacksonville Nashville and Tampa. Origin anticipates that when fully invested the portfolio will include several additional ground-up rental developments with plans to launch their third fund within 60 – 90 days.
Michael Episcope co-CEO at Origin Investments commented “Our ability to raise over $564 million for opportunity zone investments is testament not only our expertise but also the perpetual demand from investors seeking tremendous returns alongside unique tax advantages.”
