The asset
Opportunity Zone investment across two projects, The Lofts and Alvin Newton Apartments: about 186 apartments and ~6K sq ft of commercial. The Lofts is adaptive reuse (104 loft-style apartments). Alvin Newton is new construction (82 market-rate units plus ground-floor commercial). Currently held in the DCP portfolio.
Business plan
Lease up and stabilize operations across adaptive reuse and ground-up multifamily. Realize the Opportunity Zone value-add through local execution.
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