Pinnacle Partners and Trilogy Investment have launched a new build-to-rent (BTR) opportunity zone fund to capitalize three shovel-ready BTR communities in Decatur, Ga.; Augusta, Ga.; and Huntsville, Ala.
With nearly 500 homes planned across these projects in Qualified Opportunity Zones, the fund aims to revitalize these communities with new housing, while also intending to offer substantial tax incentives to investors.
“This tax-advantaged real estate fund is targeting strong risk-adjusted returns, fueled by long-term positive trends in these markets with an exciting in-demand asset class,” said Jeff Feinstein, managing partner at Pinnacle Partners. “In fact, the fund's launch is timely for investors looking for more tax-efficient strategies as they complete their year-end tax planning. We believe this is a great opportunity for investors who can manage the risk and liquidity.”
The Pinnacle/Trilogy BTR OZ Fund launch follows Pinnacle Partners' closing of