Arctaris Annual Impact Report: Financial Innovation. Community Impact.

Arctaris Leads $30M Opportunity Zone Investment to Transform Baltimore’s Shuttered Embassy Suites Into Affordable Housing

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Arctaris is pleased to announce an equity investment in a $30 million opportunity zone hotel-to-residential conversion opportunity in downtown Baltimore. Arctaris Impact’s investment will be used to convert a formerly abandoned hotel into a vibrant 303-unit multifamily development, addressing the city’s pressing housing shortage. The transaction marks Arctaris Impact’s fifth investment in Baltimore.

You can read more about the transaction here.

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