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New OZ Fundraising $25M For Real Estate, Startup Investments

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The Auspicious Opportunities OZ Fund is raising OZ equity to invest in both commercial real estate and QOZB startup businesses. The fund is targeting three initial investments:

  • Zen Building: A commercial real estate asset in Greenville, South Carolina that will be demolished and replaced with a 306,000 office building.
  • Divine Group: A commercial construction development agency that will provide OZ services across the country.
  • Startup Combinator: An incubator for young companies that will have a tenancy in the commercial office building owned by the fund.

The fund is seeking to raise $25 million with a $100,000 minimum investment.

 

List of Greenville County, South Carolina Opportunity Zones & OZ Funds

Greenville County, South Carolinahas 9 designated Opportunity Zones.

In total these Opportunity Zones have a population of approximately 26,000. That represents 5% of the county’s total population of 520,000.

The median household incomefor Greenville County Opportunity Zones ranges from approximately $27,000 to $45,000.

The adjacent map shows all Opportunity Zones in Greenville County. Click on any Opportunity Zone for additional information.

List of All Greenville County OZs

The table below lists all 9Opportunity Zones in Greenville County. The first two rows show the state wide average and the average for all South Carolina Opportunity Zones.

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South Carolina OZ Funds

There are 13QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify South Carolinaas a target market. Additional OZ funds may also invest in South Carolina; see a complete list of Opportunity Zone Funds here.

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