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Real Estate - MAY 13, 2022

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Parsonex Capital Partners breaks ground on second QOZ Project

by Released

Parsonex Capital Partners has broken ground on its second qualified opportunity zone (QOZ), a multifamily development project located in Grand Junction, Colo.

The project, known as Brookwillow Estates, is being co-developed by Senergy Builders in the Brookwillow Village neighborhood. Senergy Builders is a Grand Junction and Western Slope-focused, RESNET Energy Smart Builder. Brookwillow Estates, which officially became “shovel ready” in first quarter 2022, is an infill project that will comprise 36 ENERGY STAR® rated condominium units.

Brookwillow Estates will be less than a mile from the first completed Parsonex QOZ development project, Sundance Townhomes, which was also co-developed by Senergy Builders. Brookwillow Estates will provide individually deeded condo units to help fill the housing market’s current inventory gap. This gap was recently highlighted in the Bray Report published by Bray Real Estate which indicated, with only 222 active listings as of Feb

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