Blue Route Residential Qualified Opportunity Fund I, L.P (the "Fund")
The 2017 Tax Cuts and Jobs Act (TCJA) includes unique provisions aimed at promoting investment in Qualified Opportunity Zones (QOZs) across the United States. Under the legislation, Qualified Opportunity Funds (QOFs) offer multi-year deferral and partial reduction of rollover capital gains, as well as complete elimination of capital gains on QOF investments held for at least ten years.
We believe QOF investments should stand on their own and QOZ tax benefits are best used as an enhancement to the core investment. Our strategy is simple: to dovetail on Philadelphia’s established urban renewal trends by developing and operating medium-size multifamily properties across Philadelphia’s sub-markets that are most likely to benefit from urban renewal trends.
Our inaugural fund intends to opportunistically develop multifamily assets through the economic cycle with a focus on long term appreciation.
We have acquired our first two projects with a potential total of 100 units and intend to launch the Fund in the second quarter of 2019. Please contact us to learn more. For accredited investors only and not to be construed as an offer to purchase or sell securities;
The information herein is for informational purposes only and does not constitute a formal offer to buy or sell any securities or a solicitation of an offer to buy or sell any limited partnership interests, securities or to otherwise participate in any investment or trading strategy (the “Investment” or the “Opportunity”). Any formal offering will be for accredited investors only and in accordance with federal securities laws. Unless otherwise noted, the information contained herein has been compiled as of November 10th, 2018, and there is no obligation to update the information. This website will under no circumstances create any implication that the information herein has been updated or corrected as of any time subsequent to the date of publication or, as the case may be, the date as of which such information is stated. Offers and sales are made only pursuant to an executed and definitive Operating Agreement, Private Placement Memorandum subscription documents and/or other relevant definitive legal documents, prepared by or on behalf of the Opportunity which would contain material information not contained herein and which shall supersede the information herein in its entirety (“Definitive Legal Documentation”). The Opportunity mentioned in this document may not be registered in your jurisdiction and to the fullest extent possible any such offer will be made only pursuant to private placement exemptions pursuant to SEC regulations. It may therefore not be eligible for sale or investment in your state or country and may not be suitable for you or certain types of investors. Please consult a tax adviser to fully understand Qualified Opportunity Zone investing as it may relate to your specific needs.