Recent News

SAN DIEGO – May 29, 2019 – AEI North...

SAN DIEGO – May 29, 2019 – AEI North Park OZ Fund LLC closed the acquisition of three contiguous parcels in the designated North Park Opportunity Zone in San Diego. The site is zoned for high-density development allowing for up to 48 residential units. The development will consist of a four-story, 48-unit multi-family apartment building with podium parking. The entitlement and construction for the project are estimated to take up to 24 months and...

May 29, 2019

SAN DIEGO – May 1, 2019 – Abington Emerson...

SAN DIEGO – May 1, 2019 – Abington Emerson Investments, LLC launched a Qualified Opportunity Zone Fund, AEI North Park OZ Fund LLC, that will invest in a multi-family development project in the North Park neighborhood of San Diego. The project presents an increasingly rare urban infill opportunity to acquire and develop three contiguous parcels in the heart of one of San Diego’s most popular neighborhoods, a portion of which has been designated as...

May 1, 2019

LAS VEGAS – April 18, 2019 – Joshua Perttula,...

LAS VEGAS – April 18, 2019 – Joshua Perttula, a founding partner of Abington Emerson Investments, LLC, has been invited to participate as a guest panelist at the largest Opportunity Zone Expo, May 9th and 10th at Mandalay Bay Resort & Casino in Las Vegas, Nevada. Mr. Perttula will be joining the investment panel discussion on Opportunity Zone Fund differentiation.  Several other members of the Abington Emerson team will be attending the conference and available...

April 18, 2019

LOS ANGELES – April 1, 2019 – Abington Emerson...

LOS ANGELES – April 1, 2019 – Abington Emerson Investments, LLC launched a Qualified Opportunity Zone Fund, AEI Farmdale OZ Fund LLC, that will invest in three (3) real estate projects located in the West Adams Opportunity Zone of Los Angeles. West Adams is a densely populated South LA neighborhood located half-way between Downtown Los Angeles and the Westside, bordering the 10 Freeway to the north, Exposition Boulevard to the south, La Cienega to...

April 1, 2019

PHOENIX – March 1, 2019 – Abington Emerson Investments,...

PHOENIX – March 1, 2019 – Abington Emerson Investments, LLC launched a Qualified Opportunity Zone Fund, AEI Arizona OZ Fund LLC that will invest in two (2) real estate projects located in the Opportunity Zone that includes Phoenix-Mesa Gateway Airport in Mesa, Arizona. Arizona is one of the fastest growing regions in the country for the last several decades. Phoenix stands as the nation’s 5th largest city and 14th largest metropolitan area with an...

March 1, 2019

NEW YORK– February 9, 2019 – Joshua Perttula, a...

NEW YORK– February 9, 2019 – Joshua Perttula, a founding partner of Abington Emerson Investments, LLC, is confirmed to present at the IMN Inaugural Opportunity Zones Forum in New York, NY.  Mr. Perttula will be joining the panel discussion on Mitigating the Risks of Opportunity Zones investing. Several other members of the Abington Emerson team will be attending the conference and available for meetings as well. The Opportunity Zones Forum speaker roster includes the leading...

February 9, 2019

LOS ANGELES – January 8, 2019 – Joshua Perttula,...

LOS ANGELES – January 8, 2019 – Joshua Perttula, a founding partner of Abington Emerson Investments, LLC (“Abington Emerson”), is presenting a continuing legal education webinar on Opportunity Zones for the Federal Bar Association.  Mr. Perttula is scheduled to discuss the following topics:  (1) What is the purpose of the Opportunity Zone program, (2) Description of enabling legislation and recently issued guidance, (3) Creation of Qualified Opportunity Zone Funds and (4) Investments in Opportunity...

January 7, 2019

CHICAGO – December 27, 2018 – Abington Emerson sold...

CHICAGO – December 27, 2018 – Abington Emerson sold its third and final plot of land acquired for development in 2016 in Romeoville, Illinois. The land originally consisted of two parcels that were too large for most retail and restaurant projects in the area. Accordingly, in order to meet the requirements of a national restaurant chain interested in Abington Emerson’s location, the team decided to subdivide the parcels into three smaller lots. The subdivision...

December 27, 2018

PHOENIX – December 15, 2018 – Abington Emerson closed...

PHOENIX – December 15, 2018 – Abington Emerson closed the sale of the Shops at Arizona Shopping Center (“Anthem” or the “Plaza”) in Anthem, Arizona. The Ace Hardware anchored shopping center, located in the affluent Phoenix neighborhood of Anthem, was acquired in May 2017. At that time, it was 64% occupied, offering an immediate upside potential from leasing the available space. In the first year of ownership, Abington Emerson added seven new tenants to...

December 15, 2018