Cresset and Diversified Real Estate Capital closed on their first Qualified Opportunity Zone (QOZ) fund, the Cresset-Diversified QOZ Fund, after raising $465 million in capital needed for the portfolio and the seven underlying projects across high-growth markets nationally. Capitalizing on the success of Fund I, the Chicago-based Cresset-Diversified partnership will launch a follow-on fund. “When the Opportunity …
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