
The real estate investment platform Cadre announced yesterday that it has partnered with BlackRock’s (NYSE:BLK) BlackRock Impact Opportunities Fund to acquire The Harvest at Marmalade apartments, a 252-unit multifamily asset in downtown Salt Lake City, Utah.
The BlackRock Impact Opportunities Fund was launched in 2021 with a target of $1 billion to uncover investment opportunities in under-capitalized companies and communities that are poised for growth.