Arctaris Leads $30M Opportunity Zone Investment to Transform Baltimore’s Shuttered Embassy Suites Into Affordable Housing
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 ...
Opportunity Zones Are a Big Success. Let’s Make Them Bigger
Opportunity Zones have already invested over $100 billion in struggling communities, creating vibrant urban areas and new job opportunities. Now is the time to expand and make this initiative permanent. By expanding the program, Opportunity Zones ha...
Saddleback Mountain Annual Impact Report: Investing in Jobs, Housing, and Sustainability
Saddleback Mountain and Arctaris Impact Investors have just released Saddleback's first Impact Report, and the results are impressive – on par with the legendary ski experience that has earned its recognition as Maine’s favorite mountain for thr...
Rangeley, ME, December 15, 2020 After five long years closed, Saddleback Mountain, located just outside of Rangeley, will be welcoming skiers home. The ski area was purchased by Arctaris Impact Fund based out of Boston earlier this year, and th...
Augusta, ME, November 24, 2020 The Finance Authority of Maine has approved state new markets tax credit financing for Arctaris Saddleback Co. LLC, the owner and operator of the Saddleback Ski Resort in Rangeley. “FAME is pleased to hel...
Boston, MA, November 11, 2020 Folks across New England have watched for years to see what would happen to this beloved ski mountain. Deals were brokered, and then fell through, one by one. But in early 2020, a deal was finally sealed, with a surpris...
Boston, MA October 29, 2020 Arctaris Impact Investors, LLC (“Arctaris”) announced two Opportunity Zone investments to provide workforce housing for low-income communities in rural Colorado.
Total development cost is estimated at $60 million f...
Arctaris is pleased to announce an equity investment in a $30 million opportunity zone hotel-to-residential conversion opportunity in downtown Baltim...
Opportunity Zones have already invested over $100 billion in struggling communities, creating vibrant urban areas and new job opportunities. Now is t...
BALTIMORE--(BUSINESS WIRE) -- One July 25, 2024, Arctaris Impact CDE closed a New Markets Tax Credit (NMTC) transaction with Fearless Talent, LLC (db...
Arctaris Impact Investors and RDC will rehabilitate the facility for a new tenant, County Executive Innamorato to provide funding to support tenant i...
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