Closed
QOZ Fund III
Investment Summary
Origin QOZ Fund III will be a portfolio of transformational multifamily ground-up development projects that seeks significant tax advantages to investors who invest with capital gains. The Fund was formed as a result of the Opportunity Zone program created by the Tax Cuts and Jobs Act of 2017 and invests in institutional-quality projects located in some of the fastest-growing markets in the United States.
10%-12%
Target Net IRR1
2.25x–2.50x
Target Net Multiple1
2023
Vintage
Closed-End
Fund Structure
Fund Properties
Vander at the Village
Asheville,
NC
Unrealized
Property Status:
Lease-Up/Under Construction
Equity Invested:
$32.63M
Trove at Two Rivers
Tampa,
FL
Unrealized
Property Status:
Pre-Construction
Equity Invested:
$13.10M
Modera Old Town
Scottsdale,
AZ
Unrealized
Property Status:
Pre-Construction
Equity Invested:
$20.11M
- Targeted performance assumes a sale of the Fund’s investments 10 years after the Fund’s close. Targeted performance doesn’t represent an actual investment in the Fund and frequently has sharp differences from actual returns. Targeted returns are inclusive of appreciation and reinvestment of distributions and are net of fees. There can be no assurance that the Fund will achieve comparable results or meet its target returns.