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OPPORTUNITY ZONE FUND II

Now Open for Investment

OPPORTUNITY ZONE FUND IN THE HEART OF DOWNTOWN SAN JOSE

Urban Catalyst is proud to offer a dynamic portfolio of properties as part of our Fund II offering.

Accredited investors with a capital gains event are looking to diversify their investments into centrally located real estate. They’re looking for tax-advantaged opportunities now, and appreciation and distributions down the road.

On the heels of a successful $135 million Fund I, our current Fund II represents a diverse real estate portfolio, with great momentum in a growing tech hub.

Are You Eligible?

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CURRENT FUND II OFFERING

Multifamily 
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

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Multifamily*
ICON



Next to our Echo project, we have our Icon project.

Icon is a 650 +/- unit apartment tower with numerous proposed amenities. The tower will complement the adjacent Echo project and bring needed housing to downtown San Jose. 

Highlights:

  • Located on Santa Clara Street, the main drag of the central business district, across the street from City Hall and yards away from a future BART station, this project is the definition of Transit Oriented Development

  • This multifamily building is in downtown San Jose, with forty thousand square foot floor plates, 14-foot floor heights, floor to ceiling windows, adequate parking and a beautiful design

  • Walking distance from City Hall, San Jose State University, restaurants, bars, cafes, small businesses and more.

Project Status:

  • *Currently Icon is entitled for office space, however, a preliminary application has been submitted to the City of San Jose to change the use to Multifamily

     

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


ABOUT URBAN CATALYST

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


FREQUENTLY ASKED QUESTIONS

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.


INVESTOR SPOTLIGHT

Accredited Investors invest with Urban Catalyst because they’re interested in:

  • Diversifying investments from heavily-concentrated stock portfolios into real estate
  • Capital gains tax advantage opportunities that come with opportunity zones
  • Owning property and appreciation opportunities that come with centrally located real estate, next to prestigious corporate headquarters, and taking advantage of a growing downtown
“...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."
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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
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
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
DAVE K.VP at a Biotech Company

WANT TO LEARN MORE?

Provide us with some information and we'll tell you more about our tax-advantaged investment opportunities