Sponsored: Urban Catalyst Surpasses $150M in Fundraising for Opportunity Zone Fund II, $15M for UC Multifamily Equity I Fund

Silicon Valley’s Urban Catalyst is kicking off 2025 with strong momentum, surpassing $150 million in fundraising for its Urban Catalyst Opportunity Zone Fund II, or Fund II. This milestone fuels the firm’s continued development of transformative, ground-up projects in downtown San Jose, Calif. Additionally, Urban Catalyst has raised over $15 million for its UC Multifamily Equity I Fund, i.e., UCME, further reinforcing its commitment to revitalizing the city’s urban core.

Both Fund II and UCME are set to play a pivotal role in shaping the future of downtown San Jose. Fund II is anchored by Icon and Echo, two upcoming residential communities located just yards from the future Bay Area Rapid Transit, i.e., BART station and within walking distance of key urban amenities. The fund also includes Keystone, a Marriott TownePlace Suites set to celebrate its grand opening next month, as well as Gifford Place, a thoughtfully designed senior living community. Meanwhile, UCME supports multifamily expansion through Aquino, a planned residential development near Google’s upcoming Downtown West campus.

Addressing San Jose’s Housing Shortage

Urban Catalyst remains committed to delivering projects that meet the community’s needs while creating value for investors. With an ongoing housing supply-demand imbalance in downtown San Jose, the firm is actively working to alleviate this shortage by bringing high-quality multifamily housing to market.

“We are developing in one of the most dynamic housing markets in the country through two distinct fund offerings,” said Erik Hayden, founder of Urban Catalyst. “With downtown San Jose rents continuing to rise, now is the ideal time to expand the city’s multifamily housing supply.”

Opportunity Zone Momentum and Legislative Outlook

Fund II raises capital through the qualified opportunity zone program, which is currently set to sunset in 2026. However, with a new presidential administration, there is growing optimism for a potential extension.

“We are closely monitoring legislative developments regarding opportunity zone extensions and keeping our strategic partners in the independent broker-dealer and registered investment adviser communities informed,” said Elijah Davis, national sales director at Urban Catalyst.

About Urban Catalyst Funds

Urban Catalyst Funds is a leading real estate firm specializing in tax-advantaged real estate investments. As experienced fund managers and ground-up developers, Urban Catalyst is dedicated to maximizing tax mitigation strategies while delivering high-quality projects that contribute to urban growth and revitalization.

Urban Catalyst’s Opportunity Zone Fund, focused on downtown San Jose, ranked in the top 4% of all opportunity zone fund sponsors tracked in 2023, according to research firm Novogradac. Additionally, Forbes recognized it as one of the top ten opportunity zone funds, and the Silicon Valley Business Journal named Urban Catalyst its 2024 Developer of the Year.

Both Urban Catalyst Opportunity Zone Fund II and UC Multifamily Equity I Fund remain open to investors.

For more information, visit https://www.urbancatalystfunds.com/ or contact [email protected].

Past performance does not guarantee future results.

Urban Catalyst Funds provides advisers with multiple tax mitigation strategies to attract high-net-worth clients. Its tax strategy platform offers solutions for clients with capital gains, 1031 exchanges, and IRA to Roth IRA conversions. All of the funds offered by UCF are structured as Reg D 506(c), allowing advisers to openly discuss these solutions with accredited investors with whom they do not have a pre-existing relationship.

Urban Catalyst is a sponsor of Alts Wire, and the article was published as part of their standard directory sponsorship package.

For more Urban Catalyst news, please visit their directory page.