Muinzer and T2 Capital Management are preparing to launch a Qualified Opportunity Zone Fund in the second half of 2019.
The fund will focus on ground-up developments and redevelopments near engineering, aerospace and technology-based education centers and regional innovation hubs. Muinzer and T2 have been joint venture partners on multiple projects on and around the Purdue campus since 2010.
Prior to the launch, Muinzer has already started to invest in the opportunity zone sector. It acquired 400 Main Street, a former Salin Bank branch location, Lafayette, Ind.
“We are also pleased to acquire 400 Ferry Street, which adds to our Opportunity Zone land holdings in downtown Lafayette,” said Marc Muinzer, founder of both Muinzer and its affiliate, Chicago-based South Street Capital. “The Opportunity Zone initiative should further accelerate the growth and expansion of this submarket.”
Muinzer also announced it acquired four assets near Purdue Universit