Closing of $10 Million Real Estate Equity Fund
Pierce Atwood represented CEI-Boulos Capital Management in connection with the formation and closing of the NBT CEI-Boulos Impact Fund, a $10 million real estate equity investment fund with NBT Bank. CEI-Boulos Capital Management will manage the fund, and Pierce Atwood will continue to advise the fund with respect to its investment activities.
This innovative fund is designed to support low- and moderate-income communities through investments in high-impact, community supported, commercial real estate projects located within NBT Bank’s Community Reinvestment Act (CRA) assessment areas.