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Dakota Pacific Real Estate

March 2020 Salt Lake City, UT

Aiding economic reinvigoration and need for more hotels in downtown Salt Lake City, Enhanced Capital made a debt investment in Dakota Pacific Real Estate (DPRE) through the Utah New Markets Tax Credit program in March 2020.

Enhanced Capital partnered with DPRE, a diversified real estate fund manager, to activate the two-block-long Regent Street as a destination and major pedestrian connector between the convention center and City Creek Center mall. Several large-scale development projects, including a performance theater, office space, shops, restaurants, and hotel, are on track to being completed in 2023. This project will unlock job creation and contribute significantly to the area’s economic growth. More information about DPRE.