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Opportunity Zone Investment Is Still Flocking To Areas That Don't Really Need It
News

Opportunity Zone Investment Is Still Flocking To Areas That Don't Really Need It

... regulations for the program, found similar results. Though opportunity zones were designed to stimulate investment in communities that need ... the pandemic causes more potential investors to look into opportunity zones there too.  But Brent Parker, a partner ...

Mar 21, 2022
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Sen. Chris Van Hollen, Sen. Todd Young, HUD's Alfonso Costa and NMHC's Doug Bibby
News

Opportunity Zone Players Say Biden Can Fix Program's Perception Problem

... of Housing and Urban Development official who focused on opportunity zones during the Trump administration, noted that the policy ... bipartisan, Costa noted that the communities selected as opportunity zones span the range of the political spectrum.  "Whether ...

Jan 25, 2021
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Banyan Street Capital Greystar
News

Opportunity Zone Investors Focusing On Atlanta's 'Low-Hanging Fruit'

... , Reonomy tracked 589 transactions. The buzz around opportunity zones ratcheted up in April after the Internal Revenue ... Management founder Greg Todey has purchased parcels within opportunity zones along Atlanta’s westside, especially near Georgia Tech ...

Aug 05, 2019
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Opportunity Zone Investors Can’t Forget About Local Tax Incentives
News

Opportunity Zone Investors Can’t Forget About Local Tax Incentives

... and local tax credits beyond incentives for qualified opportunity zones. Numerous programs offer developers tax abatements, ... project, TIF incentives could outweigh opportunity zone incentives,” Singer said. “Opportunity zones offer tax deferral, but you’ ...

Jan 31, 2019
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This is a rendering of a Peppercorn Capital opportunity zone project in Chicago
News

Opportunity Zone Deals Suddenly Accelerate As Program Starts To Look More Attractive

... clarity.” PTM raised $98M in February to invest in opportunity zones on the East Coast. Real estate firms with existing ... the traditional players are playing defense right now, but because opportunity zones are a relatively new program, those funds are in ...

May 19, 2020
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Opportunity Zone Investment Picks Up Pace In NYC Area
News

Opportunity Zone Investment Picks Up Pace In NYC Area

... have already captured the attention of developers.   Opportunity zones offer developers and investors a diverse collection ... Department released new regulations and some clarifications around opportunity zones in October. Among the biggest questions answered ...

Dec 12, 2018
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Opportunity Zone Investment Soared In December, New Data Shows
News

Opportunity Zone Investment Soared In December, New Data Shows

... end-of-year rush of investment into opportunity zones came true. Qualified opportunity funds reported raising over $2B of equity ... Steve Glickman, who helped craft the original bill creating opportunity zones, told Bisnow at the time. The final regulations ...

Jan 12, 2020
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Bitcoin
News

Senate Finance Committee Chairman Questions Crypto Miners’ Use Of Opportunity Zones

... Chairman Ron Wyden has expanded his probe into the opportunity zone program to include the possible involvement of ... "The lack of safeguards and transparency measures in the Opportunity Zone program raise the possibility that taxpayers are simply ...

Mar 29, 2022
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Opportunity Zone Sponsor Blasts Bill That Would Rein In Program, Claiming Partisan Tactics
News

Opportunity Zone Sponsor Blasts Bill That Would Rein In Program, Claiming Partisan Tactics

... on Wednesday that would curb the reach of opportunity zones, including removing zones seen as too affluent, The Post and ... Scott and Booker have acknowledged the issues with some opportunity zones, but both have publicly cautioned against taking drastic ...

Nov 14, 2019
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CBRE will begin taking offers either for the sale or JV with Caribou Industries for the former Orange County Register building in Santa Ana.
News

Opportunity Zone Designation Could Help These Santa Ana Projects Get Off The Ground

... initiative.”  Orange County development, rising construction costs and opportunity zones will be part of the discussion at Bisnow's ... census tracts. In California, there are 879 designated opportunity zones — the most in the nation. Harrah pitching these ...

Jan 28, 2019
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