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News

CIM Group To Launch $5B Opportunity Fund

... qualified urban communities, 65 are in the recently designated opportunity zones, and the company said it has owned, developed, ... in areas now designated as opportunity zones. CIM Group controls $3B in assets in opportunity zones. "CIM’s long-standing ...

Jan 25, 2019
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What To Look For In Next Round Of Opportunity Zone Regulations
News

What To Look For In Next Round Of Opportunity Zone Regulations

... hedge funds and partnerships in 2018 to reinvest them in opportunity zones by the end of this coming June. To reap ... . Zillow found that property values in opportunity zones had already jumped around 20% since the zones were designated last year. That jump ...

Apr 10, 2019
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The crowd at a Bisnow opportunity zone event in D.C.
News

The Real Opportunity Zone Gold Rush Is Happening At Events, In Consultants’ Offices

... an industry based on talking about opportunity zones rather than investing in them. Opportunity zones, which began as a little-noticed ... an executive order to push more federal resources into opportunity zones.   The administration has continued to tout the ...

Aug 05, 2019
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Miami's First Large-Scale Opportunity Zone Project Begins Leasing
News

Miami's First Large-Scale Opportunity Zone Project Begins Leasing

... gentrification and displacement. Critics have worried that the opportunity zone program would only exacerbate income disparities.  Soleste ... off from downtown.  Even though the frenzy over opportunity zones has died down since the program was first announced ...

Jun 09, 2021
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Why This Region May Lose Out On Opportunity Funds
News

Why This Region May Lose Out On Opportunity Funds

... Construction and Development event Thursday. In addition to opportunity zones, panelists also discussed adaptive reuse projects and public ... /private partnerships during the event. Opportunity zones, which were passed as part of the ...

Aug 26, 2018
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Miami Developers On the Opportunity Zone Program So Far
News

Miami Developers On the Opportunity Zone Program So Far

... Station in Downtown Miami.  Tillman said on a Bisnow opportunity zones webinar last week that Soleste Grand Central is a market ... businesses, which get tax breaks for locating and hiring in opportunity zones, has just started to be explored. It could help ...

Sep 23, 2020
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New Opportunity Zone Ranking Shows Some Tertiary Markets Have Investment Potential
News

New Opportunity Zone Tool Shows Which Zones Have Best Investment Demographics

... Advisors partnered with location intelligence firm Esri on the Opportunity Zones Index, which Glickman bills as the first comprehensive ... economic baseline for all opportunity zones. Prior to founding his own company, Glickman ...

Mar 13, 2019
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Getting With The Program: How Opportunity Zone Investors Can Navigate Tax Benefits
News

Getting With The Program: How Opportunity Zone Investors Can Navigate Tax Benefits

... put their money in specific underserved areas known as Qualified Opportunity Zones. Before jumping into the process of obtaining a QOF, ... not eliminated. If an investor invests in a Qualified Opportunity Fund within 180 days of realizing capital gains, they ...

Jun 28, 2022
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Fundrise CEO Ben Miller
News

Fundrise Launches $500M Opportunity Zone Fund

... a $500M fund targeting office and mixed-use projects in opportunity zones, and it has already identified one of its first ... Business Journal, which first reported on the fund.  The Opportunity Zones tax incentive program was created as part of the Tax ...

Aug 23, 2018
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IRS, Treasury Release Second Round Of Opportunity Zone Regulations
News

Trump Administration Touts Opportunity Zone Benefits As Latest Round Of Regulations Released

... are allocated to help revitalize the communities in opportunity zones. The council will have five subcommittees targeting specific ... recent prison reform regulations. But when he discussed opportunity zones, he seemed impressed with how receptive the business ...

Apr 17, 2019
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