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New Englewood Terrace Apartments, a 304-unit, 23-story building at 6425 South Lowe St.
News

Opportunity Zone Investors May Look To Englewood

... officials tout federal opportunity zones as a method to ... and Jobs Act of 2017, which created opportunity zones, investors can eliminate capital gains taxes ... that city officials designated this neighborhood an opportunity zone because it had new retail, ...

Apr 02, 2019
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IRS Releases Opportunity Zone Guidelines, Asks For Help Finalizing Them
News

Opportunity Zone Guidance: Treasury Releases Recommendations For Implementation

... and Treasury Department have released guidelines for investing in opportunity zones, but it is not the final step some were ... is already ticking. The law allows businesses operating within opportunity zones some tax breaks of their own, and the new ...

Oct 19, 2018
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Property Values, Investment Appetite Surge In New York's Many Opportunity Zones
News

Property Values, Investment Appetite Surge In New York's Many Opportunity Zones

... the hotter areas of the Bronx, even separate from the opportunity zones,” he said. “It is very close to signing a contract ... still stand on their own merits. “The features of the opportunity zones are icing on the cake," CPEX Managing Partner Tim King ...

Nov 29, 2018
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President Donald Trump discusses the opportunity zone program during a press conference April 17, 2019 at the White House
News

Treasury Department Opens Probe Into Opportunity Zones

... has opened an investigation into the federal government’s opportunity zone program, the agency said late Wednesday. Acting ... in low-income, distressed neighborhoods. It encompasses 8,800 zones designated by state governors and the District of Columbia. ...

Jan 16, 2020
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Jack Manning
News

Opportunity Zone Program Could Be A Boon For Developers In Distressed Communities

... capital in communities designated as distressed or qualified opportunity zones — could help offset some cost as interest rates ... eligible census tracts, California will have the most opportunity zones in the country, according to the Economic Innovation ...

Feb 13, 2018
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Florida Bill Would Create Commissions For Opportunity Zones
News

Florida Bill Would Create Commissions For Opportunity Zones

... zones — was introduced by Democratic state Rep. Anika Omphroy from western Broward County. It would create opportunity ... minority-owned businesses. It also specifies that the opportunity zone development agencies should reflect the racial demographics ...

Mar 13, 2019
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Opportunity Zone Investors Weighing Risk vs. Social Impact In Program's Early Days
News

Opportunity Zone Investors Weighing Risk vs. Social Impact In Program's Early Days

... Group at Goldman Sachs, said at Bisnow’s 2019 NYC Opportunity Zones Summit Tuesday morning. Last year, Goldman invested $83M ... to be revolutionary for these areas.” But, he said, opportunity zones are not just about improving already attractive deals. “If we ...

Mar 06, 2019
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Oak Investment Fund plans to build a mixed-use boutique hotel, retail and cannabis dispensary in an opportunity zone area in the South Park district of downtown Los Angeles
News

'Use The Funds To Grow The Business': Why Cannabis And Opportunity Zones Could Be A Budding Industry

... and CEO Amanda Ostrowitz believes cannabis operations and opportunity zones are a perfect fit. Cities, businesses and ... from cannabis businesses in opportunity zones, she said. Many opportunity zones are in light industrial zones or blighted parts of ...

Feb 06, 2020
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Hines To Cash In On Opportunity Zones Program For New Downtown Project
News

Hines To Cash In On Opportunity Zones Program For New Downtown Project

... ,” he said. Houston has designated 150 areas as opportunity zones, from Downtown to distant suburbs like Richmond and several ... represent a powerful intersection of public policy and investment opportunity, and we are excited for the potential of creating ...

Feb 07, 2019
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Keystone Marriott Hotel
News

San Jose Opportunity Zones Are Heating Up. This Investor Has Big Plans.

Last month, the Silicon Valley Opportunity Zone fund announced it had acquired the inoperative Camera 12 ...

Jan 09, 2020
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