Peakline Real Estate Funds Launches QOZ Fund IV, Targeting Up to $1.3B in Opportunity Zone Investments

Firm ranked among the top five nationally in QOZ equity raised expands platform with a dual-strategy fund focused on tax-efficient investing

CHICAGO--(BUSINESS WIRE)--Peakline Real Estate Funds ("PREF"), a private real estate investment firm with $1.7 billion equity invested, today announced the launch of the Peakline Real Estate Qualified Opportunity Zone Fund IV Program (“QOZ IV”) – the company’s fourth Qualified Opportunity Zone (QOZ) fund program designed to invest in real estate assets across designated Opportunity Zones in the United States.

Building on the firm’s established platform in Opportunity Zone investing, PREF QOZ IV introduces a dual-strategy approach aimed at accessing a range of market opportunities across a variety of improving communities. The QOZ Fund IV Program offers two vehicles to invest in real estate located within QOZs, the Metro fund and Rural fund, allowing investors to invest capital gains into the funds and receive the substantial tax benefits within the QOZ framework renewed in 2025.

“Peakline Real Estate Funds has been a leader in the Opportunity Zone market since the program’s inception and ranks among the top five managers nationally in total QOZ equity raised, according to Novogradac,” said Michael L. Miller, Co-Founder, President and CEO of PREF. “As the Opportunity Zone market has evolved into a permanent part of the tax code, we see a significant opportunity to deliver differentiated investment solutions that combine strong real estate fundamentals with meaningful tax advantages. PREF QOZ IV will participate in the value improvement and creation of economic activity and jobs that the Opportunity Zone program has demonstrated since the initial legislation was created."

Two Distinct Investment Strategies:
QOZ IV is structured to provide investors with exposure to two distinct investment strategies designed to diversify exposure across Opportunity Zone geographies and asset types:

• Peakline Real Estate Metro QOZ Fund IV (“Metro Fund”): Focused on urban and suburban QOZ developments, the Metro Fund targets a diversified portfolio of real estate assets in higher density QOZ locations, including multifamily, mixed-use and select infill industrial assets.
• Peakline Real Estate Rural QOZ Fund IV (“Rural Fund”): Focused on the new designation as Rural Opportunity Zones, this Fund targets a diversified portfolio of lower-density residential, industrial and energy infrastructure assets.

Potential QOZ Tax Benefits:
The QOZ program may provide investors with certain capital gains tax benefits, including:

• Deferral of eligible capital gains for five years
• A step-up in basis at the end of the five-year deferral period: 10% (Metro) or 30% (Rural)
• Elimination of any additional capital gains tax on profits if the investment is held at least ten years, including elimination of depreciation recapture

QOZ IV is designed with a long-term investment horizon, consistent with Opportunity Zone program requirements. The fund seeks to pursue strong risk-adjusted returns through disciplined underwriting, active asset management and a targeted hold period aligned with program guidelines.

PREF has been an active participant in the Qualified Opportunity Zone market, with $1.2B in equity commitments and $4B in total project costs across three prior QOZ funds. The PREF portfolio spans multiple U.S. growth markets and a focus on residential, industrial, retail and office developments. The firm’s platform includes institutional quality investment, development, asset management and investor reporting capabilities. Founded by real estate entrepreneurs, PREF brings together experience across operations, tax, legal and fund management.

The fund is currently open to qualified investors who have realized, or expect to realize, short- or long-term capital gains from the sale or exchange of a capital asset to an unrelated party. QOZ IV is expected to begin deploying capital in January 2027 in line with the new legislation guidelines. Additional details are available in the fund’s formal offering materials.

For more information about Peakline Real Estate Funds, please visit: https://peaklinerealestate.com/.

About Peakline Real Estate Funds
Peakline Real Estate Funds ("PREF") is a private real estate investment firm providing direct access to opportunities across rental housing, industrial, office, and retail properties. PREF currently has over $1.7 billion in equity invested across six funds and select individual investments, totaling $5 billion in gross value across 17 million square feet in more than 15 key growth markets in the U.S. PREF is part of Peakline Partners, an SEC-registered investment adviser and private investment firm.

[This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offering will be made only pursuant to formal offering documents. Investments involve risk, including the possible loss of principal. Opportunity Zone investments are illiquid and require a long-term commitment. There can be no assurance that investment objectives will be achieved.]