OZ Fund I — DevelopmentOperating
Kinect @ Lynnwood
Lynnwood, WA239 Units
Live Offerings
Gresham Opportunity
Zone Fund
A 305-unit multifamily development backed by a proven development track record and meaningful sponsor alignment:
Institutional Investor Alignment
Purpose-built for investors seeking tax-efficient growth, backed by disciplined execution and meaningful sponsor alignment
21.6%
Targeted Net After-Tax IRR
3.5x
Targeted Net After-Tax Equity Multiple
9.6%
Targeted Avg. Stabilized Cash Yield
Positioned for Long-Term Growth
A Multifamily Opportunity with Long-Term Potential
35% Sponsor Co-Investment
Significant alignment of interest with a material capital commitment from the sponsor
Construction Underway Today
No entitlement or pre-development risk; vertical construction is actively in progress
No Entitlement or Pre-Development Risk
The project is fully entitled and has received all required regulatory approvals before investor capital is deployed
80% Vertical Property Tax Abatement
Substantial tax savings that directly enhance project economics and investor returns
Long-Term Opportunity Zone Tax Benefits
Designed to provide eligible investors with meaningful tax advantages while maximizing long-term after-tax returns
Opportunity Zone Highlights
Success Stories from the Kinect Portfolio
OZ Fund II — DevelopmentOperating
Kinect @ Burien
Burien, WA230 Units
OZ Fund III — DevelopmentUnder Construction
Enso
Lynnwood, WA239 Units
Important Disclosures
There is no guarantee that targeted returns or project completion, stabilization, costs, or timelines (collectively, “Targeted Results”) will be achieved or that an investment in the Gresham OZ Fund will not result in losses. Targeted Results are hypothetical and do not represent actual investment activity or the impact of material economic or market factors. Targeted Results are based on various assumptions, including historical performance for similar investment strategies within the sector, current market conditions, and potential investment opportunities that may be available. There is no guarantee that the assumptions upon which the Targeted Results are based will materialize. Risks, uncertainties, and changes beyond the control of the Kinect Real Estate Partners and its affiliates (including changes in economic, operational, political, or other circumstances) mean that the actual performance of the Gresham OZ Fund and its investment could differ materially from the Targeted Results. Returns assume OZ 2.0 investment and include deferral benefit and 10% basis step-up per OBBBA, 10-year hold assumes tax-free appreciation and elimination of deferral recapture. Return calculations include cash flow realized through full depreciation utilization. Applied CG rate = Fed LTCG 20% + NIIT 3.8% + CA 13.3% = 37.1%. Tax-free appreciation on 10-yr hold eliminates depreciation recapture.