Arctaris Impact Investors

Arctaris Impact and Circuit Avenue Join Forces to Transform Blighted Properties into Affordable Homes, Addressing Urgent Housing Crisis   Arctaris Impact Investors and Circuit Avenue, a minority-owned real estate investment firm, are joining forces to tackle the nation’s critical shortage of affordable housing.   This transformative initiative will breathe new life into hundreds of vacant single-family homes in underserved communities, converting them into safe, quality rental housing for families earning less than 50% of the Area Median Income (AMI). As a first step, Arctaris invested $11 million to revitalize hundreds of vacant single-family properties in Detroit, and the firm plans to replicate this strategy in other underserved communities throughout the U.S.    The deal team consisted of Nihar S. Andrew Gibbs, CFA, and Andrew Orgel Read more here: https://lnkd.in/eAfJKST8   #ArctarisImpact #CommunityRevitalization #CommunityBuilding #CommunityInvestment #ImpactCapital #OpportunityZones #ImpactInvesting #Detroit #Michigan   Jonathan Tower Uche Osuji Nihar S. Anita Graham Jeffrey Nordhaus Alan Halfenger The Kresge Foundation Aaron Seybert Tosha Tabron Steve Glickman

📣 We have exciting news! Amazon has partnered with ICIC and Arctaris Impact Investors to launch the Amazon Accelerate and Empower (Amazon A&E) Program!🎉 This new initiative is designed to speed up the procurement and capital readiness of participating Diverse Owned or Small Businesses (DOSBs). The Connecticut pilot comprises 30 businesses of diverse backgrounds from various industries, including construction, wholesale, retail, and more. Since the Opening Seminar held in Hartford in July, the program has hosted three virtual sessions focused on marketing strategies for working with large organizations, responding to RPFs, and working with Amazon and its allies. Three additional classes will be held before the in-person closing session in November. Learn more about this incredible initiative at https://lnkd.in/d-a4-WiR and stay tuned for more updates on the program's offerings and participants. . . . . #AmazonAE #AmazonAccelerate #AmazonEmpower #DiverseBusinesses #SmallBusinessGrowth #ICICOrg #ICIC #ArctarisImpact

Arctaris Impact Investors closed a New Markets Tax Credit (NMTC) transaction with Fearless Talent, LLC (dba Fearless Guides), a minority-owned company located in a Baltimore census tract with a 26.4%1 poverty rate.    The NMTC financing will be directed to working capital that will create 50 jobs, all of which will pay above a living wage and be accessible to those without a college degree. Jonathan Tower Uche Osuji Anita Graham Jeffrey Nordhaus Nihar S. Frank Barbarino Patrick Mullen

Arctaris is #hiring for a two-year private equity analyst program. Know any exceptionally talented candidates from investment banking or management consulting backgrounds?

Arctaris Impact Provides Key Opportunity Zone Investment in $475 Million Mixed Income Development in Gowanus, Brooklyn   Arctaris has made a $27 million equity investment in 310 and 340 Nevins Street, a $475 million mixed-use/mixed-income project in Brooklyn’s Gowanus neighborhood. The transaction marks Arctaris Impact’s first investment in Brooklyn and will support New York City’s efforts to transform a formerly contaminated industrial area into an economically diverse and vibrant community.   The 668-unit property is being developed by Tavros Holdings and Charney Companies, who are utilizing New York's 421a Program to provide 168 permanently affordable units to residents earning an average of 60% of Area Median Income. In addition to resident amenities and waterfront access the development will offer ~45,000 square feet of retail space, fostering opportunities for women- and minority- owned businesses. The deal team consisted of Nihar S., Jeffrey Nordhaus, Andrew Gibbs, CFA, Kritika Chadha, and Rayan Beyhum.   Arctaris is proud to be part of such a transformative project! Read more here: https://lnkd.in/g3csGJx5   #ArctarisImpact #CommunityRevitalization #CommunityBuilding #CommunityInvestment #ImpactCapital #OpportunityZones #ImpactInvesting #Gowanus #Brooklyn #NewYork   Jonathan Tower Uche Osuji Nihar S. Benjamin Bornstein Anita Graham Jeffrey Nordhaus Alan Halfenger Steve Glickman

Arctaris is proud that reopening Saddleback Maine Ski Area has not only brought jobs and tourism back to Rangeley, Maine, but that doing so with a focus on sustainability will pave a way for a cleaner, more energy efficient future of the mountain. #ArctarisImpact #CommunityRevitalization #CommunityBuilding #CommunityInvestment #ImpactCapital #OpportunityZones #ImpactInvesting #Rangeley #Maine Jonathan Tower Uche Osuji Nihar S. Benjamin Bornstein Anita Graham Jeffrey Nordhaus Alan Halfenger Steve Glickman https://lnkd.in/eZ6dD5Vc

Arctaris Impact Invests $7.3M in Refrigerated Food Processing Facility in Pennsylvania Opportunity Zone   Arctaris is pleased to announce an equity investment in a specialty manufacturing and cold storage facility located at 1050 Talbot Avenue, Braddock, PA. This opportunity allows Arctaris and RDC Design + Build to re-open and lease the state-of-the-art facility to tenants seeking to bring jobs to the region.   The facility will provide space for tenants looking to use it for food processing, pharma processing, specialty manufacturing, or cold storage. This work fills a need for critical manufacturing facilities that are in short supply due to the steep cost of refrigeration, HVAC and power requirements. Furthermore, the facility provides tenants with rooftop solar generation and onsite battery storage, reducing emissions and energy costs.   This investment was made possible in part through a multimillion dollar commitment to Arctaris from Erie Insurance Group and additional funding from Allegheny County Economic Development.   Pictured here, Arctaris Real Estate Principal Andrew Gibbs, CFA attended and spoke at the facility’s launch event on July 1, 2024, alongside Arctaris Impact’s Lee Kimball, RDC’s Shawn Fox, Allegheny County Executive Sara Innamorato, and Braddock Council President LuJuan Reeves. Arctaris Real Estate Managing Director Nihar S., Andrew Gibbs, CFA, and Associate Andrew Orgel played a pivotal role in the completion of this exciting deal.   Read here for more information:  https://lnkd.in/evmUVTKb #ArctarisImpact #CommunityRevitalization #CommunityBuilding #CommunityInvestment #ImpactCapital #OpportunityZones #ImpactInvesting #Braddock #Pennsylvania Jonathan Tower Uche Osuji Nihar S. Benjamin Bornstein Anita Graham Jeffrey Nordhaus Alan Halfenger Steven G.

We're #hiring a Human Resources Coordinator in Wellesley, Massachusetts. Apply today or share this post with your network.

Dive into a year of impact, growth, and community revitalization at Arctaris Impact! The Arctaris Annual Impact Report: “Financial Innovation. Community Impact.” has arrived! Arctaris Impact has continued to find innovative ways to invest capital that create real impact in communities and attractive returns for our investors.   In the attached report, you will learn more about Arctaris Impact’s investment approach and work to date. Our portfolio now includes investments that increase high-speed broadband access, build new affordable housing, and support historically under-resourced entrepreneurs. These investments are anchored by our unique approach to public-private partnership, which combines private capital with public and / or philanthropic funds to create attractive returns and deliver impact.   We extend our team’s gratitude to you, our friends and investors, government stakeholders, and foundation partners for sharing in our mission. Learn more here: https://lnkd.in/egkGAQVF #ArctarisImpact #CommunityRevitalization #CommunityBuilding #CommunityInvestment #ImpactCapital #OpportunityZones #ImpactCapital #ImpactInvesting Jonathan Tower Uche Osuji Nihar S. Benjamin Bornstein Anita Graham Jeffrey Nordhaus Alan Halfenger

Arctaris Celebrates the Groundbreaking of $220M Front Row Opportunity Zone Project in Downtown Huntsville! Arctaris Impact Investors attended the official groundbreaking ceremony for Front Row, an 11-acre mixed use development in Downtown Huntsville. The development site, where a former Coca Cola bottling plant once stood, will be transformed into 545 residential units, 36,000 square feet of Class-A office space and 47,000 square feet of retail space.    Arctaris was represented by Managing Director Nihar S., who joined Huntsville Mayor Tommy Battle, city officials, and investment partners Essex Capital, Ascend Property Group, Cantor Fitzgerald, L.P. and Silverstein Properties. The ceremony also included a presentation of Front Row's $250,000 donation to the Huntsville Housing Authority.   This transformative project will contribute to positive change, offering much-needed housing options to support the city's growing urban population. Front Row also strives to employ minority and women-owned businesses throughout its construction phase, fostering economic inclusivity and diversity.   Arctaris is proud to support a gateway project that will connect Downtown Huntsville to the emerging neighborhood of Lowe Mill, effectively expanding the urban core of the city. The Front Row development will also benefit from the City of Huntsville’s nearby planned infrastructure projects, including the $65M Riverwalk and pedestrian Skybridge projects.   You can read more about this transformative project here:  https://lnkd.in/e3ZASie8 #ArctarisImpact #CommunityRevitalization #CommunityBuilding #CommunityInvestment #ImpactCapital #OpportunityZones #ImpactInvesting #Huntsville Nihar S. Jonathan Tower Steven G. Andrew Gibbs, CFA Andrew Orgel Uche Osuji; Jeffrey Nordhaus; Alan Halfenger Benjamin Bornstein Anita Graham