Stephanie, managing partner at Four Points Funding, joins the @OpportunityDb show to provide an update on her team’s efforts to develop in Opportunity Zone communities in Colorado over the past four years.
https://t.co/lrUpv4WNhJ
Announcing our 5th Opportunity Zone Fund: "Four Points has maintained that under-the-radar markets outside the urban areas of Colorado will realize the fastest population growth, fueled by both increases in full time residents and increased tourism."
https://t.co/tX4M2OHnGp
Over the last three years we have built this portfolio of Opportunity Zone developments and investments across Colorado. We're excited to add to our portfolio with our fifth Opportunity Zone Fund! Reach out if you would like to learn more. #opportunityzone
The Eddy Apts are our 1st ground up apartments to open and they are already 100% leased. On the same property is Camp Eddy, our hospitality project featuring tiny homes, Airstreams, and RV Sites on the Colorado River in Grand Junction.
https://t.co/gROehSa7n7
@DailySentinelGJ
The Warehouse Food Hall in Craig had its grand opening last month, as highlighted by this article discussing new food halls in mountain towns! https://t.co/06zGTu2yeR
From cash incentives to strict bans on short-term rentals, Colorado grapples with a severe shortage of housing stock for the local workforce. https://t.co/kZA6jPjncJ
Thanks @elevationout for a great writeup of CampV, where art and the outdoors merge with beautiful accommodations.
Glamp Like a Champ (In an Unlikely Spot) Elevation Outdoors Magazine https://t.co/rBRZ9Ze2Yj
The most recent market study in Grand Junction shows a need for 3,600 more rental units. There are several apartments buildings being built, but even if all of them were completed next week (some haven't broken ground), there would still be a shortage. https://t.co/H2kbTQqylr
Just about every other town near a major Western Slope ski resort has boomed in the past decade. As the town of Hayden, just down the highway from our HQ in Steamboat, prepares for the same, they are taking a unique approach to preserve their identity: https://t.co/av3krLdsOU
Bloomberg breaks down the Opportunity Zone tax benefits, what the substantial improvement test is, how OZ investments are typically structured, and how to utilize depreciation. https://t.co/h9uoT6WulP
A pre-pandemic construction labor shortage intensified last year despite a strong real estate market. There’s just not enough workers to build what was planned across the state. The development industry is focused on attracting newcomers. https://t.co/j8jNKBfM5p
Greystone has provided a total of $24,952,000 in HUD-insured financing for the construction of a 100-unit multifamily community in Glenwood Springs, on behalf of a joint venture between Triumph Development West and Four Points Funding.
https://t.co/AmOpKOUINo
"Colorado based real estate company, Four Points Funding says it recently secured a $15 million construction loan for The Eddy at Grand Junction, a 96-unit multifamily apartment complex and 74-unit RV park."
Read more:
https://t.co/6QvOoClf1H
The Altitude Apartments will start leasing next summer. We are making an effort to ensure that Glenwood locals know that these apartments are going to exist! Thank you @CityofGWS for all of your help in creating these amazing apartments https://t.co/ZAclMfR5w8
State lawmakers set aside $400 million in federal COVID relief funds to try to alleviate the growing housing pressure seen across the state. The challenge is now addressing the unique challenges urban, mountain and rural communities are facing. https://t.co/3YtJsXIXc4
The Eddy Apartments are going to start leasing next spring. We are making an effort to make GJ locals aware that these apartments are going to exist! Thank you @GJEconDev and @GJCity for your help creating these amazing apartments on the Colorado River. https://t.co/K0p04uWico
This Thursday, July 29 at 12pm MT, we are hosting a Fund III Update Presentation. We are overdue to share our progress with existing and prospective investors, community leaders, and anyone else interested in tuning in.
RSVP here: https://t.co/WKaMmW39Og
Two weeks from today we are hosting a presentation to provide significant updates on Fund III. We are overdue to share our progress with existing and prospective investors, community leaders, and anyone else interested in tuning in. RSVP here: https://t.co/WKaMmW39Og
This Friday, July 16th, from 1230 - 230pm MT, eight rural Colorado companies will pitch for a total of $1.3M in investment as part of West Slope Startup Week and the Greater Colorado Pitch Series. RSVP for the Online Broadcast at:
https://t.co/tZGcMfzZlt