Argosy Real Estate Partners (AREP) has held a final close of Argosy Real Estate Opportunity Zone II (AROZ II) on Dec. 29, 2025, according to official correspondence.
In total, AROZ II raised $85.4 million. According to Argosy, the fund is a fully discretionary, diversified closed-end Qualified Opportunity Zone (QOZ) fund that focuses on multifamily, industrial and lodging assets in the United States.
This closure marks the total capital raised across Argosy’s QOF series to $451 million, since its launch in 2019.
