• Published December 10, 2019

Cresset Managing Director Nick Parrish Featured on TD Ameritrade Network

Cresset Managing Director Nick Parrish joined TD Ameritrade Network’s Oliver Renick on “Morning Trade Live” to discuss the case for opportunity zones.

In the segment, Parrish discusses how Qualified Opportunity Zones and Qualified Opportunity Funds work, why investors should be considering them, and how Cresset approached building its own QOF (the Cresset-Diversified QOZ Fund) in partnership with Diversified Real Estate Capital.

Parrish also gives the audience a snapshot of the Cresset-Diversified QOZ Fund, noting the firm has already raised $375 million for the Fund and has seven projects already under development (as of December 6, 2019). Targeting diverse investments ranging from industrial/distribution and storage to low-income housing and parking facilities, the Fund is one of the biggest players in the space and is set to continue growing thanks to Cresset’s partnership with Diversified in addition to its work with leading real estate developers across the country like Hines and Lennar. 

To learn more about the Cresset-Diversified QOZ Fund or to share a Qualified Opportunity Zone investment opportunity, contact us below.