Revitate has launched fundraising for its Revitate Impact OZ Fund 2022, an opportunity zone fund focused on real estate investments in emerging cities across the United States.
Revitate Impact will focus primarily on multifamily residential and industrial development opportunities in emerging metropolitan areas across the country traditionally overlooked by institutional capital. Within these markets, Revitate will seek to partner with talented developers with deep local expertise.
“In so many ways, Revitate is a model of what the federal opportunity zone legislation intended,” said Chris Cox, former SEC chairman and a founding member of Revitate’s board of directors. “I’m thrilled to see Alex and Lisa continue to marshal new investment and opportunity into communities most in need.”
General partners Alex Bhathal and Lisa Merage, a brother-sister duo, have invested into more than $1.3 billion in total capitalization of opportunity zone projects acros