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Urban Catalyst Opportunity Zone Fund II LLC

Urban Catalyst · Qualified Opportunity Fund (real estate development)

Program Overview

Qualified Opportunity Fund (real estate development)
Urban Catalyst Opportunity Zone Fund II LLC
Peer Group Filters
Objectives
IncomeCapital AppreciationDiversification
Asset Class
Real Estate
Vehicle
LLCFund
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Urban Catalyst
Asset Class
Real Estate
Investment Manager
Urban Catalyst Manager II LLC
Issuer
Urban Catalyst Opportunity Zone Fund II LLC
Issuer Legal Structure
Delaware Limited Liability Company
Program Life Structure
Indefinite
Securities Offered
Equity - Common Units
Target Leverage
Target 50–75% LTV Portfolio target 50%-75% of the greater of cost or FMV; no hard cap, Manager not restricted. Debt sits at project level: Keystone Poppy Bank construction loan about $48M, floating near 8%.
Strategy Risk/Return Profile
Opportunistic
Managing Broker-Dealer
Emerson
Scale
176 keys Keystone hotel · 388 units ECHO multifamily (planned) · 650 units ICON multifamily (planned) · 169 units Gifford Place senior (optioned) · 278 units Aquino multifamily (potential) targeted, not yet acquired
Tax Opinion
“Should” Level qof qualification · subject to stated assumptions
Extendable To
$200,000,000
Minimum Investment
$25,000
Common Units · waivable
Strategy Overview

Externally managed Delaware LLC that intends to qualify as a Qualified Opportunity Fund and develops commercial real estate in qualified opportunity zones, concentrated in downtown San Jose, California. Per Supplement #3 the Fund has invested in two projects with Fund I affiliates (Icon/Echo multifamily and office; Keystone, a 176-room hotel) and holds options on others (Gifford Place senior living, Aquino multifamily). Investors seek deferral of eligible capital gains to the earlier of disposition or 12/31/2026 and tax-free appreciation after a ten-year hold. The PPM says QOF status is not guaranteed.

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