Forbes Names Colorado Firm Top Opportunity Zone Fund in the Nation
Four Points Funding recognized as #1 fundinvesting in rural markets
DENVER (Feb. 19, 2020) – Four Points Funding, a Colorado-based private real estate investment firm and Opportunity Zone fund with offices in Denver and Steamboat Springs, has been named by Forbes both asa top 10 Opportunity Zone fund and the #1 Opportunity Zone fund in the country with a rural focus. Their initial investments are in Grand Junction, Glenwood Springs, Estes Park, Meeker, Craig and Naturita with over $20M in commitments.
“We’re grateful to Forbes and the Sorenson ImpactCenter for this incredible recognition of our work, especially considering thatt here were so many other high-quality and well-established Opportunity Zone funds to choose from,” said Stephanie Copeland, a partner at Four Points and the former executive director of Colorado’s Office of Economic Development and International Trade (OEDIT). “We are demonstrating that great returns and investing in Colorado’s emerging communities are mutually reinforcing. Our mission is to build the path for investing at scale across Colorado's emerging communities.”
Four Points was selected as the top fund from more than 100 other nominees on the basis of community economic development, engagement, inclusion and impact. Four Points has been investing in real estate across Colorado since 2013, purchasing over 300 properties, and the firm currently manages two Opportunity Zone funds with plans to launch more.
“The state of Colorado is forecasting the population of the Western Slope to grow by over 60% between now and 2050. Our investment focus is in the huge net migration to Colorado and the lack of workforce housing and hospitality,” said Chris Montgomery, a partner at Four Points. “We have a lot of momentum right now as more communities and investors realize the potential of Opportunity Zones across Colorado.”
Opportunity Zones were passed as part of a bipartisan federal regulation enabling people to invest capital gains and receive significant tax benefits, arguably the most significant people will see in their lifetime. Each state was responsible for designating their ownOpportunity Zones. The regulation is designed to stimulate growth in areas with opportunity that would not receive as much investment without the newly unlocked investor capital. Four Points was awarded for making high-quality investments that align with the spirit of the Opportunity Zone incentive.
About Four Points Funding:
Four Points Funding has made hundreds of real estate investments across Colorado’s emerging communities since 2013 — well before Opportunity Zones existed. Our unique advantage is our knowledge and relationships throughout the Western Slope of Colorado, where the greatest long-term investment opportunity exists in our state. Our team strives to makeColorado a better place every day while being excellent stewards of our investors capital. For more information, please visit www.fourpointsfunding.com.
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