Cantor Fitzgerald and Silverstein Properties has held a close for its Cantor Silverstein Opportunity Zone Trust II (CSOZ Trust II) with more than $470 million of equity raised.
CSOZ Trust II includes four planned market-leading multifamily and mixed-use developments — 1,932 multifamily units and 1.5 million square feet — located in Tempe, Ariz.; Richmond, Va.; Summerville, S.C.; and Huntsville, Ala.
“We have seen strong investor interest in this business, enabling us to build a diversified portfolio of institutional-quality multifamily real estate,” said Bill Ferri, global head of Cantor Fitzgerald Asset Management. “This growth underscores our commitment to creating lasting economic impact and revitalizing neighborhoods across the United States. We are optimistic about a potential extension to the overall Qualified Opportunity Zone Program to further drive meaningful growth.”
Cantor and Silverstein launched their Opportunity Zone business in early 2
