Cla Capital Markets Secures $14 Million For River City Business Park

Apr 27, 2022•about 3 years ago

Amount Raised

$14 Million

St. Louis

Description

CLA (CliftonLarsonAllen LLP), one of the leading professional services firms in the United States, has secured $14 million in equity Opportunity Zone funding for a project bringing additional industrial space to the River City Business Park, located in the Patch neighborhood of South St. Louis.

Company Information

Company

Cla

Location

St. Louis, Missouri, United States

About

Since 2019, the firm has raised $350 million for Opportunity Zone projects. CLA played an instrumental role in the capital raise, and the firm also provided tax advisory and compliance services, financial model development support, consultations on structure, and guidance on Opportunity Zones, deploying its full suite of services. “With its proximity to major research universities, the St. Louis market is ripe with opportunity for tech companies, creatives, and professionals,” said Tony Hallada, managing principal with CLA Wealth Advisors, who oversaw the capital raise. “CLA is pleased to have assisted with this expansion project.

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