Chestnut Funds, a fund manager specializing in real estate investment, has launched an opportunity zone fund on RealCrowd, a direct investment online real estate platforms.
Chestnut Opportunity Zone Fund will invest in healthcare, retail, office and mixed-use properties located in designated opportunity zones in the mid-Atlantic, Southeast and Rocky Mountain states. Target investment amounts are between $1 million and $5 million.
“Our strategy is unique in the marketplace. Through three separate fund families, we target real estate opportunities too large to efficiently source capital and too small for institutional investment,” says Steen Watson, co-founder of Chestnut Funds. “By focusing on this niche, we are able to participate in value investing opportunities that are underserved by the full range of capital providers.”
With investments in many U.S. markets, Chestnut Funds manages several funds that deliver value by sourcing and investing in middle-
