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...
Baltimore, MD, March 16, 2021 - Market Fresh Gourmet, a minority-owned Maryland-based business, in partnership with Arctaris Impact Fund, a fund focused on building sustainable communities in Baltimore City, will focus on local employment opportunit...
March 12, 2021 Saddleback Mountain Ski Movie Premiere: The transformative story and rebirth of a ski mountain which reopened for business in 2020 after a five-year hiatus. Saddleback is a community anchor and employer in Rangeley, Maine, ...
March 10, 2021 Regional news website TribLIVE discusses Arctaris partnership with Richard King Mellon Foundation, which played a significant role in the region’s development for more than seven decades. RKMF helped underwrite every...
March 10, 2021 As reported in the Pittsburgh Gazette, the Richard King Mellon Foundation is teaming with a Boston firm to invest $20 million in job initiatives and economic development in distressed communities in Allegheny and Westmoreland counties...
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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