ATLANTA, March 21, 2019 – Multifamily developer and investment firm Pollack Shores Real Estate Group today announced an initiative focused on developing and operating multifamily communities in Opportunity Zones.
“Through this new initiative, we are connecting capital with communities in need of investment by structuring quality deals that add value for both our investors and the surrounding neighborhoods,” said Steven Shores, President and CEO of Pollack Shores.
Located at 1099 Blvd. SE in Atlanta’s Chosewood Park neighborhood, Skylark rises as one of Pollack Shores’ first Opportunity Zone properties. Pollack Shores has also started construction on The Merchant, a 231-unit apartment community in Charleston’s North Morrison neighborhood. “Many in our industry have been in ‘wait and see’ mode, and the investment community is eager to see quality Opportunity Zone deal flow,” said Jessica Ramsey, Vice President of Capital Markets at Pollack Shores. About Pollack Shores Real Estate Group, LLCPollack Shores is an award-winning full service real estate company creating value through multifamily investment opportunities throughout the Sun Belt. Together, Pollack Shores and Matrix Residential are rooted in their mission of maximizing the value and living experience for every community.