Market Square. Image courtesy of USG Realty Capital USG Realty Capital is expanding its portfolio of multifamily properties built within Qualified Opportunity Zones with the development of Market Square Apartments, an eight-story, 176-unit, mixed-use building planned for Tacoma, Wash. The property will be built as part of the firm’s Investors Choice OZ Fund, an investor-directed, multi-asset Opportunity Zone fund offering. The multifamily project, which will include ground-floor retail space, is being developed in partnership with Plus Capital Partners and is scheduled for completion in June 2024. Based in Bellevue, Wash., Plus Capital specializes in the investment, development and ownership of mixed-use developments in the Greater Puget Sound area. In September, USG Realty Capital, headquartered in Silverdale, Wash., broke ground on Elevation 1659 , a 76-unit multifamily community in Milwaukee, Wis. Set for completion in September 2023, the project is being developed by Ogden & Co. Since its launch in June 2021, USG’s Investors Choice OZ Fund has added four more projects to its portfolio and continues to seek qualified ground-up multifamily, senior living, storage and manufactured housing projects. The fund focuses on projects with investment equity targets ranging from $5 million to $10 million per projects. The USG Opportunity […]
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