Arctaris Impact Investors Invests $15M of Preferred Equity in Greater Phoenix Multifamily Opportunity Zone Property
Arctaris Impact Investors, LLC, a Boston-based national impact investment firm with a 16-year track record investing in underserved communities, announced today a $15.2 million preferred equity investment in Solace at Ballpark Village, a 211-unit, three-story garden-style community in Goodyear, Arizona. Structured through the Opportunity Zone program, the investment provides additional capital to help right-size the capital stack and support...
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