PRNewswire/ – RevOZ Capital has partnered with Alpha Wave Investors, LLC to close an Opportunity Zone investment-a holistic hotel with street front retail. Situated in the core of Redmond, OR, the historic property is being repositioned to a 49-room hotel featuring 13,000 square feet of street front retail, restaurant, lobby co-working and bar space.
The hotel will operate as a Soul Community Planet property, a concept established by Alpha Wave. The Soul Community Planet hotel merges environmentally friendly and socially responsible practices with healthy based accommodations-nutritious plant-based food choices are provided to fit the needs and wants of all customers.
The Soul Community Planet Redmond hotel is the only select service hotel centered on these values in a growing market that is failing to meet these needs. RevOZ facilitates the revitalization of federally sanctioned opportunity zones by providing co-investment capital to qualified developers of institutional quality projects. Vision is to be the premier sponsor of value-add multifamily and hotel investments in the western US. Contact: Lisa Merage.