1501 Herman St. project in Downtown Denver 1501 Herman St. project in Downtown Denver

NASHVILLE—A $250-million Opportunity Zone fund launched six months ago has made its first deal—the purchase of a qualified Opportunity Zone parcel in Downtown Nashville.

Alpha Capital Partners of Bridgeville, PA reports that its Opportunity Zone fund has purchased 1501 Herman St. and is planning to develop a 300-unit multifamily project there, according to Jide Famuagun, CEO of Alpha Capital.


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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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