MARKET INSIGHTS
The Summit Apartments – Opportunity Zone

  • Opportunity Zone debt and equity financing completed for The Summit Apartments located in Scott's Addition, Richmond, Virginia
  • 166 to-be-built multifamily units
  • John B. Levy & Company customized the equity stack, allowing for the sponsor to meet certain idiosyncratic requirements and close out the equity demands of the property
  • John B. Levy & Company successfully raised and deployed capital in a single-purpose OZ Fund, the first of its kind in the region