Virtua Breaks Ground on Another Opportunity Zone Build

In its second opportunity zone project, the firm is building a 90-unit entry-level apartment complex in Tempe.

Virtua Partners has broken ground on its second opportunity zone project. The firm is building a 90-unit entry-level apartment complex on a vacant lot in Tempe. It will deliver in approximately 16 months.

Located at 1980 East Broadway Road, the apartment project will include 36 one-bedroom, 45 two-bedroom and 9 three-bedroom units along with parking and a fitness center.

Virtua is financing the project through equity invested by Virtua Opportunity Zone Funds as well as a construction loan placed by Virtua Credit Corp.

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