Opportunity Zone Investments: Fund II Opportunity Zone From Urban Catalyst

Multi-Family Real Estate
ECHO

We’re building one of the best multi-family class A assets in all of Downtown San Jose.

Echo is a state of the art, custom-built, 388-unit apartment tower featuring an infinity pool, an indoor/outdoor fitness facility with a lounge, movie room, game room, and full kitchen, and an amazing rooftop lounge.

Highlights:

Centrally located, just yards away from the future Bart station and near tech campuses including Google, Adobe, Zoom, and more
High-density residential real estate with amazing amenities, helping alleviate the housing shortage in Silicon Valley
Walking distance from tech campuses, City Hall, San Jose State University, restaurants, bars, cafes, small businesses and all downtown San Jose has to offer

Project Status:

Received unanimous San Jose City Council approval

Echo Project, part of our Opportunity Zone Fund II

Connected Office Space
ICON

Next to our Echo multi-family project, we have our Icon project.

Icon is a 511,025 square feet project consisting of office space, open areas, and retail stores, centrally located on Santa Clara Street, the main drag of the central business district.

Highlights:

Perfect for tech professionals, bringing together residential and occupational needs
Redefining what Class A office space is in downtown San Jose, with forty thousand square foot floor plates, 14-foot floor heights, floor-to-ceiling windows, adequate parking, and beautiful design
Significant indoor/outdoor amenity spaces including rooftop decks and gardens, exterior staircases, and balconies to take advantage of San Jose’s 300 days a year of sunshine.

Project Status:

Received unanimous San Jose City Council approval

Senior Living
GIFFORD PLACE

From planning ground-up development to breaking ground, we’re proud of the progress we’ve made on our Gifford Place project.

Gifford Place is a 169-unit senior living project, the first in downtown San Jose in decades. Senior living is a massive need to address the coming wave of seniors retiring and looking for assisted living. Downtown San Jose is an urban environment with a great need
for senior housing.

Highlights:

Delivering the critical need for assisted living and memory care in the urban center of San Jose, with amazing access to Downtown San Jose's amenities and activities
The first senior living project in downtown in decades, Gifford Place addresses the coming “gray wave” in Silicon Valley, the hottest senior living market in the country
Located near the affluent neighborhoods of Willow Glen, Rosegarden, and Naglee Park

Project Status:

Demolition completed and shovel ready

Gifford Place Project, part of our Opportunity Zone Fund II

Keystone Project, part of our Opportunity Zone Fund II

Marriott Hotel
KEYSTONE

Rounding out our diverse portfolio of Fund II properties is Keystone.

Keystone is a ground-up development project that will become a 165-key Marriott hotel, centrally located in downtown San Jose.

Highlights:

Marriot Townplace Suites hotel
Highly-coveted location: 300 yards from Google’s planned mega-campus and 3 blocks from Adobe’s Global Headquarters
Steps away from the SAP events center (the most used events center in the country behind Madison Square Garden) and next to the largest multi-model transit hub on the West Coast: San Jose Diridon Train Station
Keystone started vertical construction in January 2023

Project Status:

Vertical construction in-progress

A Top-Rated Opportunity Zone Fund
Experts in Ground-Up Real Estate Development

We are a team of fund managers and real estate developers with a track record and history of successful projects in the Bay Area:

$5+ billion in development projects
$5.2+ billion in real estate asset acquisitions
200+ real estate properties developed across a variety of asset classes
Over 2,000 residential units that are now located in opportunity zones

San Jose was recently recognized by Bloomberg as the #1 region in the country poised for post-pandemic recovery. Our strong roots and connections in Downtown San Jose enable us to be a premier real estate developer in one of the country’s hottest region.

UC Team

What are my capital gains tax advantages if I was to invest in the Opportunity Zone Fund II?

You'll defer your federal taxes until 2027 and have federal tax-free profits after 10 years.

Why should I invest with Urban Catalyst?

Urban Catalyst is a Private Equity firm with 20+ years of experience in ground-up development. Fund II is a diverse portfolio with 4 properties including multifamily, senior living, hotel, and office. Urban Catalyst has discretionary approval for all projects with one project, the Keystone Hotel project, already under construction.

Is investing in California risky?

California not only has the highest property values but also has the highest household income growth rates in the country.

Where can I find more granular fund information including PPM, IRR, etc?

We'd be happy to connect and send you additional information. Schedule a call to start the process.

Can I meet your leadership team in-person?

Yes! We work where we develop - our office is located in downtown San Jose. We host both in-person events and meetings, while also hosting remote webinars. Our favorite in-person event includes project site tours so you can see your investment dollars at work.

What are the benefits of investing with a Private Equity Fund that's also the Developer?

Being both the developer and the equity partner allows us to make the best decisions for all of our investors. We're in full control of when a project starts and it's progression. Having this ability is what sets us apart from the rest and allows us to do what's right on behalf of our limited partners and investors.

“...the ease and accessibility of OZ investing make it stand out as both a way to reduce taxes while playing a role in revitalizing neighborhoods."

Marcel B.Engineering Manager

"I’m really optimistic about San Jose and I think San Jose is going to come back strong. Many tech companies are expanding there, including my company, Google."

Suresh R.Engineer at Google

“This investment is a very good opportunity to potentially capture some of the growth (of San Jose) and also help minimize the capital gains tax, so that’s a powerful combination."

David C.CEO and Real Estate Investor

“When I see what Google is trying to build, and what Urban Catalyst is doing on top of this, it really got me excited. I want to be part of that.”

DAVE K.VP at a Biotech Company