top of page

Opportunity Zone Fund

Multi-Asset Opportunity Zone Fund

Following the success of NORF's prior funds, and due to strong client demand, NORF launched the NORF 5 Opportunity Zone Fund.  NORF is excited to leverage its unique expertise investing in and revitalizing neglected buildings in underserved and up and coming areas. 

Market Focus

Tertiary, Secondary 

Hold Period

10 years

Target Net IRR

15% - 20%

Target Raise

$25 million

Asset Type


Investment Objective


Take Advantage of QOZ Program Benefits

Investors with capital gains can benefit from the QOZ program in several ways:

Tax Deferral

Deferral of current capital gains taxes until 2026

Accumulated Depreciation

No depreciation recapture on QOZ investments

Tax Elimination

Elimination of capital gains taxes on QOZ investments held for 10 years

Areas of Focus


Target Investments

6930 St Claude

6930 St Claude

30,000 SF new development construction just six miles from downtown New Orleans. The project may include residential units, commercial space, office space and short-term rentals.

Arabi | Louisiana

Screen Shot 2022-11-14 at 3.19.24 PM.png

1031 Annunciation

16,000 SF former Dixie Machine Welding & Metal Works located in the Central Business District of New Orleans. Prime location for the redevelopment of a 5-story, 100,000 SF, modern self-storage facility.

New Orleans | Louisiana

Screen Shot 2021-09-20 at 4.52.25 PM.png

380 South Liberty

380 South Liberty is a 5,000 SF lot, and current plans include a 12-story, 58,000 SF mixed-use / university housing. The property is located in downtown New Orleans with direct access to the medical district.

New Orleans | Louisiana


Please contact our firm to learn more about Qualified Opportunity Zones and the tax impact advantages. 

bottom of page