Cresset Enters Joints Venture with Level 2 Development and SJG Properties, Marking the Firm’s Latest Qualified Opportunity Zone Fund Investment
This will be the first project in Cresset’s third Qualified Opportunity Zone fund, Cresset Diversified QOZ Fund III (“Fund III”).
- This will be the first project in Cresset’s third Qualified Opportunity Zone fund, Cresset Diversified QOZ Fund III (“Fund III”).
- “We are excited to partner with Cresset Partners in our Scott’s Addition Project,” said Ashley Wiltshire of SJG Properties.
- Cresset’s experience in Opportunity Zone projects and their long-term investment strategy made them a natural choice as a partner in developing The Ace.
- “We’re very excited to support that growth by partnering with Level 2 and SJG on The Ace Apartments project.