Eagle OZ has launched Eagle OZ Fund II, an opportunity fund that provides investors with the chance to invest in a qualified opportunity zone, focused on the construction of 444-multifamily apartment rentals in the Bronzeville region of Chicago.
Additionally, Eagle OZ announced its new partnership with Peak Capital Solutions.
Located in the heart of Chicago, Bronzeville is a historically significant neighborhood which is currently experiencing massive revitalization efforts with more than $10 billion in economic development and 55,000 new jobs expected to form in 2022. According to Crain's Chicago Business, the region's recent five-year streak of new home sales is “unmatched,” in a city where the average home price is nearly half what it is in New York City or Los Angeles. Additionally, Bronzeville plays an important role in African-American history as the birthplace of Black History Month and the one-time home of Nat King Cole, Gwendolyn Brooks and many o