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Columbian Quarter Poplar Point Redbrick
News

8 Major Projects Planned In D.C.'s Opportunity Zones

... Wakefield marketing materials highlight the project's location in an opportunity zone as a key selling point.  Developer: D.C ... closed its financing deal in March. The financing includes opportunity zone equity from PTM Partners, preferred equity from ...

Apr 19, 2019
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South Florida Investors Get In Position For Opportunity Zones
News

South Florida Investors Get In Position For Opportunity Zones

... actively putting together funds to take advantage of the opportunity zones," Bilzin Sumberg partner Jon Chassen said. "They believe ... role in advertising and facilitating investment in the opportunity zones said CEO Michael Finney. The council will help ...

Sep 05, 2018
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The Pearl Fund managing partner Brian Phillips
News

Businesses Are Missing A Lucrative Part Of Opportunity Zones, Experts Say

... and investing in commercial real estate deals in designated opportunity zones. The Department of the Treasury and Internal Revenue ... /or 50% of the companies services must be in opportunity zones.   Traditional "sin businesses" as previously defined by the ...

Sep 03, 2019
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Anthony Scaramucci Talks Trump, Opportunity Zones And How His White House Flameout Was Good For Business
News

Anthony Scaramucci On Opportunity Zones, 'Getting Ejected From Washington Like An Austin Powers Villain'

... length and clarity. Bisnow: Why did you decide to make opportunity zones a focus of SALT? Scaramucci: Well, there are a number ... you’re Ben Carson trying to get capital flowing into opportunity zones and explain ... why it’s a good idea, then [SALT ...

Mar 26, 2019
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Javelin 19 President Jill Homan speaks to a panel of IRS and Department of Treasury officials at an opportunity zone hearing July 9, 2019.
News

Big Questions Still Linger After Latest, And Probably Last, Opportunity Zones Hearing

... on an asset-by-asset basis. "The whole industry of opportunity zones has been evolving. And we’ve been learning together," ... that more money will be going into the more affluent opportunity zones. "A lot of people have criticized designations by governors ...

Jul 10, 2019
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A photo of a designated opportunity zone next to Cesar E. Chavez Park in Long Beach
News

When Opportunity Knocks: Cities Eager To Take Advantage Of Opportunity Zones

... long neglected. In California, there are 879 designated opportunity zones. Los Angeles County has the most with 274 ... various mixed-use developments in the downtown area with these opportunity zones, “folks could open new businesses, restaurants, services, ...

Jul 25, 2018
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Steve Wynn Had An Opportunity Zone Meeting After Divesting From Wynn Resorts
News

Steve Wynn Met With Steve Mnuchin, Treasury Officials About Opportunity Zones After Scandal

... U.S. Department of the Treasury to learn about opportunity zones. The disgraced casino magnate met with Treasury Department ... officials last June to discuss opportunity zones, a program born from President Donald Trump's ...

Mar 14, 2019
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In New York City’s Opportunity Zones, Investors See Potential Risks And Rewards
News

In New York City’s Opportunity Zones, Investors See Potential Risks And Rewards

... tracts as eligible investment opportunities for the federal Opportunity Zones program, which provides developers and investors a tax ... on the impact of opportunity zones, check out the Mazars USA Tax Alert on Opportunity Zones. This feature was produced ...

Dec 03, 2018
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Kosmont Companies CEO Larry Kosmont
News

Developers, Attorneys Tackle The Most-Asked Questions About The Opportunity Zones Program

... less on their capital gains and neighborhoods designated as Opportunity Zones would receive a nice jolt of economic activity.  ... it got augmented by local policy." Bisnow: Since these Opportunity Zones are in poor neighborhoods (according to census data), ...

May 17, 2018
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Georgia opportunity zones
News

SURVEY: Bisnow Wants To Know Your Thoughts On Georgia's Opportunity Zones

... the most distressed communities across the United States. Called opportunity zones, these areas allow investors and businesses to defer capital ... gains in local businesses and development. There are 260 opportunity zones in Georgia, 40% of which are in the ...

Jul 22, 2019
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