The projects make the Opportunity Fund

by Valarie Klopping, on Jan 29, 2020 11:42:15 AM


Well-known funds may seem like the quickest option to ensure a good Opportunity Zone investment without doing a lot of legwork, but looks can be deceiving. You need to dig deeper and ask the big questions before you put your money on the line. 

For instance: Are they investing in projects because they’re in Opportunity Zones (OZ) or because they are good projects? Are they knowledgeable about development in that area? Are their projects all in one OZ?

What it really comes down to is finding an Opportunity Fund that has projects that stand on their own merits. If you would invest in the project without the benefits of it being in an OZ, then it’s a good choice as an OZ project. The fact you get the tax benefits associated with it being in an OZ is a bonus.

The dirty little secret no one wants to talk about is that a lot of funds don’t have good projects, just projects in an OZ. But it’s important that the fund is good, the projects are good, and that the fund is familiar with development in the community. Quality projects and people are the only way a fund can optimize the chances of you as an investor getting the return you want. It is an added bonus if the projects are all in one OZ, enabling the fund to create a network of projects that work in conjunction with one another to potentially make a larger positive impact to the area.

Urban Catalyst started our fund early ensuring first shot at the best properties on the market that we wanted for our projects. With six properties already successfully purchased in downtown San Jose, our plan to stay local and ahead of the curve is in full swing. Utilizing a network of experienced professionals to navigate available properties and make strategic decisions that will most benefit our investors is proving to be a successful strategy. To that end, we will soon be announcing a seventh property.

If you’re looking to invest in an OZ fund, just remember, the projects speak for themselves.

Want to learn more about investing in Silicon Valley Opportunity Zones? Contact Us today.

Topics:Opportunity ZonesSan JoseSilicon Valley


About Urban Catalyst

The first multi-asset Opportunity Fund in the Bay Area focusing in Downtown San Jose, California and employs a world-class team of experienced local professionals to build out impact investment opportunities—multi-family, office, and industrial investment projects—that advance and improve the community while earning investors advantageous financial returns.

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