Argosy Real Estate Partners (Argosy), a private real estate investment manager focused on the lower middle market, has announced the findings of its Opportunity Zone Economic Impact Analysis.
Over the past five years, in partnership with its joint venture partners, Argosy has developed 22 properties located in Qualified Opportunity Zones. Argosy expects these projects to provide 3,430 new housing units, 440 new hotel rooms, 316,431 square feet of new industrial space and 50,246 square feet of new retail space with a total project investment size of $1.4 billion.
Argosy’s Opportunity Zone Economic Impact Analysis highlights the contributions of these projects to local and regional economies. By investing in these initiatives, Argosy’s goal is to have a positive and long-lasting impact on local economies while providing attractive returns to investors.
Key highlights from this analysis include $2.6 billion total in estimated economic impact, $1.1 billion in di
