Chicago & Midwest + Downtown + Finance | May 3, 2023

Origin Investments has closed its second fund dedicated to Qualified Opportunity Zone investment at more than $300 million

Origin Investments Closes Second QOZ Fund at $300M-Plus

Origin Investments, a leading real estate fund manager headquartered in Chicago, has reached the final close of Origin Qualified Opportunity Zone Fund II after raising more than $300 million. The close of QOZ Fund II follows raising more than $264 million for its predecessor.

To date, Origin’s QOZ Fund II has committed to seven different ground-up multifamily rental developments expected to total more than 2,500 units in Atlanta, Colorado Springs, Jacksonville, Nashville, and Tampa. Origin anticipates that when fully invested, the Fund II portfolio will include several additional ground-up rental developments. The firm plans to launch QOZ Fund III in the next 60 to 90 days.

“Our ability to raise more than $564 million for opportunity zone fund developments is a testament to a perpetual demand for investment vehicles that seek to produce tremendous returns along with unique tax advantages,” said Michael Episcope, co-CEO, Origin Investments.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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