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Fund VIII · Opportunity Zone

Opportunity Zone land

Fund VIII · Opportunity Zone

Opportunity Zone Land Development

Qualified Opportunity Zone land development, pairing community impact with tax-advantaged institutional capital.

$560MTarget Fund Size
20–28%Target Net IRR
9%Preferred Return

Strategy

The mandate.

Fund VIII invests in land development within designated Qualified Opportunity Zones, combining the platform's entitlement discipline with the community-development objectives and tax advantages of the Opportunity Zone framework. The strategy targets zones with genuine growth fundamentals, delivering development-ready land that advances local economic revitalization.

Focus Areas

  • Qualified Opportunity Zone land
  • Tax-advantaged development capital
  • Community revitalization
  • Growth-fundamental zone selection

Fund Terms

Structure & economics.

TermFund VIII
Target Fund Size$560M
StructureDelaware limited partnership
Preferred Return9%, compounded
Carried Interest20% above the 9% preferred, with 100% GP catch-up
GP Commitment2% of committed capital
Distribution WaterfallEuropean, whole-fund
Minimum LP Commitment$2,000,000
Target Net IRR20–28%
Leverage40–55% LTV (raw) / 50–60% LTV (entitled)
Investment Period5 years
Fund Term10 years, plus two 1-year extensions

Terms shown are indicative and are qualified in their entirety by the fund's definitive offering documents, available to qualified investors.

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