Cresset Real Estate Partners Announces Second Qualified Opportunity Zone Fund Investment in Last Month

6/12/2024

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PR Newswire

• Subcategory: Capital Markets: Fund, MF: Market Rate

• Tag: JV-Partnership | Opportunity Zone (OZ) | Proposed

• Additional Filters-Subcategory: Capital Markets: Fund-Core, MF: BTR-Townhome, MF: Midrise

• Company: Embrey Partners LLC, Cresset Partners

Cresset Real Estate Partners today announced the formation of a joint venture with EMBREY to develop a 395-unit multi-housing development in Englewood, Colorado, consisting of a 361-unit mid-rise apartment building and seven townhome buildings consisting of 34 townhome units in total. The project is the most recent in Cresset's second Qualified Opportunity Zone fund, Cresset Diversified QOZ Fund II ("Fund II").