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Real Estate - JULY 29, 2020

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TPP Capital Management Group seeks HNWI, family offices for $1b urban neighborhood fund

by Released

Philadelphia-based TPP Capital Management Group (TPP) is seeking high-net-worth individuals (HNWI), family offices, foundations, retirement systems, pension funds, endowments, corporations, insurance companies, philanthropists, fund of funds, banks (for CRA credits) and social-impact investors to partner and invest in a $1 billion fund to revitalize urban blighted and underserved black neighborhoods into integrated and scalable, compact, dense and community, health, and wellness–centric focused districts over the next 10 years.

TPP’s first neighborhood transformation will happen in Philadelphia, Pennsylvania’s Tioga section. Tioga is transit oriented and a qualified opportunity zone in upper North Philadelphia, adjacent to Temple University Hospital and Temple University Health Sciences Campus — and a food desert.

“Our all-in-one solution will reduce the social determinants of health and disparate burdens of chronic medical conditions, implement critical infr

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