
Pinnacle Partners, Trilogy Investment Co. Launch BTR OZ Fund
Pinnacle Partners and Trilogy Investment Company launched a new Build-to-Rent (BTR) Opportunity Zone Fund to capitalize three shovel ready BTR communities in Decatur, GA, Augusta, GA and Huntsville, AL. The construction of nearly 500 homes is planned across Qualified Opportunity Zones, while also intending to offer substantial tax incentives to investors.
“This tax-advantaged real estate fund is targeting strong risk-adjusted returns, fueled by long-term positive trends in these markets with an exciting in-demand asset class,” said Jeff Feinstein, managing partner, Pinnacle Partners.
The Pinnacle/Trilogy BTR OZ Fund follows Pinnacle Partners’ closing of two BTR projects with Trilogy Investment Company through Pinnacle Partners OZ Fund VIII. This closing includes a townhome development in the NoDa submarket of Charlotte, NC, and Avondale Station, a single-family home development in Avondale, AZ.
“This growing relationship with Trilogy has allowed us to be their co-GP investment partner for their upcoming pipeline of BTR projects,” states Feinstein.
