Highmore, a global alternative asset manager, launched a real estate opportunity zone fund in the first quarter of 2019 with a targeted capacity of $200 million.
The team is executing on an opportunistic $1 billion-plus shovel-ready development pipeline with transactions that have a very low basis and whose return profiles afford substantial cushion against future economic turbulence, all while putting investors in a position to benefit from strong growth in the market.
The Highmore Opportunity Zone Fund makes qualifying real estate investments within qualified opportunity zones, focusing on gateway metropolitan statistical areas with strong growth prospects that will increase land values, real estate demand and market liquidity. Highmore’s fund focuses on the institutional middle market and seeks diversity by property typ