Allagash Opportunity Zone CRE Fund I

Investment Focus

Affordable housing, Commercial real estate, Community
revitalization, Multifamily residential, Workforce housing

Organizational Details

Allagash Opportunity Zone Partners (“Allagash”) was founded
specifically to find compelling real estate investment opportunities so that investors could generate compelling returns while fully capitalizing on the tax benefits offered by the Opportunity Zone Program. Each of Allagash’s five senior partners have over 30 years of experience in Commercial Real Estate, Investment Management,
and Financial Markets. We bring specific expertise in Strategy and Investment Identification, Property Purchasing and Strategic Planning, Property Renovation and Management, and Fund Management. The partners have known each other for years and are
unified by the following shared set of beliefs:
1) Compelling commercial real estate opportunities which can
provide investors with outsized returns do exist, but primarily away
from trophy properties and the largest primary markets.
2) Investment capital belongs to our clients — we don’t gamble; we
invest.
3) Creating value starts with a compelling investment thesis.
4) In order to maximize investment returns, a solid investment
process must be designed and implemented.
5) Because investment reward is always associated with risk, we
must continuously work to enumerate and understand risk at both
the investment and portfolio level.
6) Exit strategy must be considered from the development of the
investment thesis until the assets are finally sold.
7) The Fund structure should match both the investment thesis and
process as well as the characteristics and goals of the investors.
8) People and relationships matter.