Clarion Partners Invests in Bozeman, Montana with Highmark Development
TL;DR
Clarion Partners' Highmark development in Bozeman offers investors a unique opportunity in a Qualified Opportunity Zone, tapping into a high-demand rental market near Montana State University.
Highmark, a 162-unit development by Clarion Partners and Wentworth Property Company, includes diverse housing options and amenities, set for completion in late 2025 in Bozeman's South University District.
Highmark introduces affordable, high-quality rental options in Bozeman, addressing housing shortages and enhancing community living near educational and employment hubs.
Discover Highmark in Bozeman, where modern living meets outdoor lifestyle, featuring townhomes and apartments with luxury amenities, just steps from Montana State University.
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Clarion Partners, LLC, a prominent real estate investment manager, has entered the Bozeman, Montana market through a partnership with Wentworth Property Company to develop Highmark. This new 162-unit townhome and apartment community is situated in a Qualified Opportunity Zone, offering a mix of housing options in one of the U.S.'s fastest-growing micropolitan areas. With leasing starting in April 2025 and completion expected by late 2025, Highmark aims to provide high-quality rental options near Montana State University and Downtown Bozeman.
The development features a range of unit styles, from single-bedroom apartments to three-story townhomes, catering to both students and families. Jason Glasser, Managing Director at Clarion Partners, highlighted Bozeman's appeal due to its outdoor lifestyle and growing education and technology sectors, noting the project's role in addressing the local housing affordability crisis.
Highmark's units boast modern amenities, including quartz countertops, stainless steel appliances, and private outdoor spaces, with community features like a fitness center, dog park, and over 300 parking spaces. Clarion Partners' investment in Highmark reflects its broader strategy, with significant holdings in Qualified Opportunity Zones and adjacent areas, underscoring the firm's commitment to fostering community development through real estate.
Curated from News Direct
