Grubb Properties launches Link Apartments Opportunity Zone REIT

Grubb Properties, a vertically integrated commercial real estate firm, has launched the Link Apartments Opportunity Zone REIT. Resulting from the merger of Grubb’s 2019, 2020 and 2021 Qualified Opportunity Funds, the Link OZ REIT has more than $350 million in assets under management.

Shareholders of the three previous Grubb Qualified Opportunity Funds approved of the consolidation in late 2021, and the merger was completed on January 31, 2022.

Like its predecessors, the Link OZ REIT focuses on the development of projects under Grubb Properties’ Link ApartmentsSM brand, which is designed to provide essential housing across the United States. Essential housing and Link ApartmentsSM fill the gap between subsidized and luxury apartments. There are 19 Link ApartmentsSM communities stabilized or under construction across the country, totaling 4,935 multifamily units, with 16 additional communities in the pipeline. The communities offer