Arctaris Impact Investors

Arctaris Impact Investors and Saddleback Mountain release Saddleback’s first Impact Report. Over the last four years, Arctaris Impact Investors has invested over $42M in Saddleback Mountain, helping revitalize nearby communities in Western Maine. These investments have resulted in nearly 240 jobs, a new workforce housing complex with 70 beds, and a 7.5 megawatt solar farm – and much more. The Saddleback Mountain Impact Report highlights the Mountain’s progress to date since its re-opening in 2020 and highlights the importance of the ongoing sustainability of this economic, recreational, and cultural asset. Saddleback and Arctaris Impact’s work has been made possible through a unique partnership between Arctaris Impact Investors, the Finance Authority of Maine, Foundation partners, and the Rangeley community. https://lnkd.in/ezQqUrcj #ArctarisImpact?#CommunityRevitalization?#CommunityBuilding?#CommunityInvestment?#ImpactCapital?#OpportunityZones #ImpactInvesting #Rangeley #Maine Jonathan Tower Saddleback Maine Ski Area Uche Osuji Nihar S. Anita Graham Jeffrey Nordhaus Alan Halfenger

Saddleback Maine Ski Area: Ranked Ski Magazine's #4 Resort in North America https://lnkd.in/e36sRiYt WHY SKIERS LOVE SADDLEBACK? Ranked Ski Magazine's #4 mountain in NORTH AMERICA, right behind Aspen Snowmass (#3), Saddleback Maine Ski Area "is great for families whose idea of nightlife is Disney+ back at the condo, but also for powder nuts who want to churn bumps until their legs fall off. You won’t hear many complaints about the conditions, the crowds, or the lifts, and the high-speed quads are brand-new. [Arctaris Impact Investors] spurred -development of slopeside lodging, a refreshed and homey base lodge, and newly cut woods that are easy to run laps through. Still favored, however, are the expert Casablanca Glades: “THE SINGLE BEST SPOT ON ANY MOUNTAIN IN AMERICA," said one reader." "The top of Kennebago Quad affords a breathtaking view of western Maine’s lakes and hills, along with drop-in after gnarly drop-in. Want to let ’em rip? Tight Line is among the steepest, straightest trails in the East." "Old-school vibe... Just snow, woods, and you. I love it here and will definitely return." #skimaine, #famemaine, #impactinvesting, #opportunityzones, Uche Osuji, Nihar S., Alan Halfenger, Katherine Mize, Russ Halliday, Andrew Orgel, Steve Glickman, Matt Dieterich, PARC Foundation

Arctaris was thrilled to attend the Amazon GPO Industry and Advocacy Partners mixer in conjunction with the National Minority Supplier Development Council (NMSDC) Conference and Exchange! We are honored that Amazon recognized Arctaris Impact’s partnership in driving economic impact. The Amazon Accelerate and Empower program shares Arctaris Impact’s mission by helping diverse owned and small businesses in Connecticut achieve growth and increase economic impact in their communities. We are grateful to be involved with such a groundbreaking initiative and look forward to continuing the partnership. ? #ArctarisImpact?#CommunityRevitalization?#CommunityBuilding?#CommunityInvestment?#ImpactCapital?#OpportunityZones #ImpactInvesting #Connecticut Jonathan Tower Uche Osuji Nihar S. Anita Graham Jeffrey Nordhaus Alan Halfenger Steve Glickman

The word is out – BIG TIME! Arctaris Impact Investors is honored that Maine's Saddleback Maine Ski Area Mountain has been recognized as the #4 Ski Resort in North America and #2 on the East Coast by SkiMagazine readers! After three years running as “Best Ski Mountain” in Maine by Down East Magazine and Best of New England by the NE Ski Journal, it’s true, our secret isn’t a secret anymore. What's more, Saddleback is the comeback story of the century. It was shut down for five years until 2020, when Arctaris Impact purchased and reopened the mountain. Four snowy years later, we are proud that Saddleback has earned SKI Magazine's incredible recognition. “Old-school vibes. No flashy mountainside hotels. Just snow, woods, and you. I love it here and will definitely return.” – SKI Magazine. We’re a little shocked that our humble, independent mountain is on everyone's lips, but we are mostly grateful to the Saddlebackers. We wouldn’t be here without your support. From the bottom of our hearts, we sincerely thank you for noticing our efforts during our comeback. Trust us, this news lights a fire under us and we can't wait to see skis in the racks, riders on the slopes, and to keep showing you what independent ski & ride culture is all about. If you haven’t visited Saddleback yet, what the heck have you been doing!? It’s time to come ski or ride the mountain everyone's talking about. It's not just hype, it's truth. Matt Dieterich, Darren Winslow, Uche Osuji, Katherine Mize, Russ Halliday, Andrew Orgel, Steve Glickman, David E. Shaw, Maine Community Foundation, Finance Authority of Maine, Maine Department of Economic and Community Development, Maine Rural Development Authority, #impactinvesting, #ski, #powdermagnet, Ski The East, #maine

Arctaris Impact and Circuit Avenue Join Forces to Transform Blighted Properties into Affordable Homes, Addressing Urgent Housing Crisis ? Arctaris Impact Investors and Circuit Avenue, a minority-owned real estate investment firm, are joining forces to tackle the nation’s critical shortage of affordable housing. ? This transformative initiative will breathe new life into hundreds of vacant single-family homes in underserved communities, converting them into safe, quality rental housing for families earning less than 50% of the Area Median Income (AMI).?As a first step, Arctaris invested $11 million to revitalize hundreds of vacant single-family properties in Detroit, and the firm plans to replicate this strategy in other underserved communities throughout the U.S.? ? The deal team consisted of Nihar S. Andrew Gibbs, CFA, and Andrew Orgel Read more here: https://lnkd.in/eAfJKST8 ? #ArctarisImpact?#CommunityRevitalization?#CommunityBuilding?#CommunityInvestment?#ImpactCapital?#OpportunityZones #ImpactInvesting #Detroit #Michigan ? Jonathan Tower Uche Osuji Nihar S. Anita Graham Jeffrey Nordhaus Alan Halfenger The Kresge Foundation Aaron Seybert Tosha Tabron Steve Glickman

?? We have exciting news! Amazon has partnered with ICIC and Arctaris Impact Investors to launch the Amazon Accelerate and Empower (Amazon A&E) Program!?? This new initiative is designed to speed up the procurement and capital readiness of participating Diverse Owned or Small Businesses (DOSBs). The Connecticut pilot comprises 30?businesses of diverse backgrounds from various industries, including construction, wholesale, retail, and more. Since the Opening Seminar held in Hartford in July, the program has hosted three virtual sessions focused on marketing strategies for working with large organizations, responding to RPFs, and working with Amazon and its allies. Three additional classes will be held before the in-person closing session in November. Learn more about this incredible initiative at https://lnkd.in/d-a4-WiR and stay tuned for more updates on the program's offerings and participants. . . . . #AmazonAE #AmazonAccelerate #AmazonEmpower #DiverseBusinesses #SmallBusinessGrowth #ICICOrg #ICIC #ArctarisImpact

Arctaris Impact?Investors?closed a New Markets Tax Credit (NMTC) transaction with Fearless Talent, LLC (dba Fearless Guides),?a minority-owned company located in a Baltimore census tract with a 26.4%1?poverty rate.????The NMTC financing will be directed to working capital that will create 50 jobs, all of which will pay above a living wage and be accessible to those without a college degree. Jonathan Tower Uche Osuji Anita Graham Jeffrey Nordhaus Nihar S. Frank Barbarino Patrick Mullen

Arctaris is #hiring for a two-year private equity analyst program. Know any exceptionally talented candidates from investment banking or management consulting backgrounds?

Arctaris Impact Provides Key Opportunity Zone Investment in $475 Million Mixed Income Development in Gowanus, Brooklyn ? Arctaris has made a $27 million equity investment in 310 and 340 Nevins Street, a $475 million mixed-use/mixed-income project in Brooklyn’s Gowanus neighborhood. The transaction marks Arctaris Impact’s first investment in Brooklyn and will support New York City’s efforts to transform a formerly contaminated industrial area into an economically diverse and vibrant community. ? The 668-unit property is being developed by Tavros Holdings and Charney Companies, who are utilizing New York's 421a Program to provide 168 permanently affordable units to residents earning an average of 60% of Area Median Income. In addition to resident amenities and waterfront access the development will offer ~45,000 square feet of retail space, fostering opportunities for women- and minority- owned businesses. The deal team consisted of Nihar S., Jeffrey Nordhaus, Andrew Gibbs, CFA, Kritika Chadha, and Rayan Beyhum. ? Arctaris is proud to be part of such a transformative project! Read more here: https://lnkd.in/g3csGJx5 ? #ArctarisImpact?#CommunityRevitalization?#CommunityBuilding?#CommunityInvestment?#ImpactCapital?#OpportunityZones #ImpactInvesting #Gowanus #Brooklyn #NewYork ? Jonathan Tower Uche Osuji Nihar S. Benjamin Bornstein Anita Graham Jeffrey Nordhaus Alan Halfenger Steve Glickman

Arctaris is proud that reopening Saddleback Maine Ski Area has not only brought jobs and tourism back to Rangeley, Maine, but that doing so with a focus on sustainability will pave a way for a cleaner, more energy efficient future of the mountain. #ArctarisImpact?#CommunityRevitalization?#CommunityBuilding?#CommunityInvestment?#ImpactCapital?#OpportunityZones #ImpactInvesting #Rangeley #Maine Jonathan Tower Uche Osuji Nihar S. Benjamin Bornstein Anita Graham Jeffrey Nordhaus Alan Halfenger Steve Glickman https://lnkd.in/eZ6dD5Vc