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Mayor Muriel Bowser and nonprofit and business leaders celebrate the Rockefeller Foundation grant
News

D.C. Receives Rockefeller Foundation Grant To Fund Opportunity Zone Projects

... portion of the money to support community-driven projects in opportunity zones, a spokesperson said.  The grants will also support ... the Rockefeller Foundation, we will be better equipped to leverage opportunity zones to create D.C. jobs for D.C. residents ...

Sep 06, 2019
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Anthony Scaramucci, Skybridge Capital
News

Anthony Scaramucci To Launch Multibillion-Dollar Opportunity Zone Fund

... returned to Skybridge after the deal fell through. Opportunity zones, which were established as part of the ... place unrealized capital gains into opportunity funds, which then deploy capital into opportunity zones. Opportunity zones are a collection of ...

Nov 12, 2018
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A retail building in one of the opportunity zone designated tracts in Long Beach
News

Bisnow Wants To Know Your Thoughts On Qualified Opportunity Zone Businesses

... as a QOZB in any of the 8,700 designated opportunity zones.  In exchange, the QOZB could receive a tax benefit, ... designed to increase business activity and economic investment in designated opportunity zones. A business can qualify as a QOZB by meeting one ...

Aug 26, 2019
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Rendering of Ventus Group's The Fig, a $300M mixed use development in downtown Los Angeles.
News

The Fig Could Be An Opportunity Zone Investment, Ventus Group Officials Say

... “mapping out a path to use this as an opportunity zones investment.” “It's super complicated because we acquired some ... the project. The city of Los Angeles has 193 designated opportunity zones, including in and around the Exposition Park neighborhood. The ...

Sep 30, 2019
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Starwood Anthony Balestrieri
News

Starwood Hires MetLife's D.C. Acquisitions Head To Lead New Opportunity Fund

... country. Several firms have launched funds to invest in opportunity zones, including CIM Group last week announcing a $5B fund ... Starwood is seeking to raise $500M to invest in opportunity zones, Bloomberg reports. Starwood said it has 58 properties currently ...

Jan 31, 2019
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Rendering of The Battery in Phoenix, the project funded through JMA Ventures' first opportunity fund.
News

Leveraging Experience And Investor Interest, S.F. Firm Launches Second Opportunity Fund

... invest in ground-up development and renovation projects in opportunity zones in the western U.S., targeting properties including ... Chapman said there are differences about investing in opportunity zones versus traditional investing that investors need to be ...

Jan 16, 2019
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US Treasury Secretary Steve Mnuchin discusses the opportunity zone program during a press conference in April at the White House.
News

The 7 Most Important Things We Learned From The Latest IRS Opportunity Zone Regulations

... knew how businesses like startups headquartered in designated opportunity zones would benefit from the new federal program, ... targeting and streamlining federal program efforts to these opportunity zones.  The committees will vary from economic development ...

Apr 17, 2019
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Former Microsoft Execs Launch Opportunity Zone Fund, ID First Projects For Investment
News

Former Microsoft Execs Launch Opportunity Zone Fund, ID First Projects For Investment

... acquire 12.5 acres in Arlington for the project. Opportunity zones were created to stimulate economically depressed areas through private ... from our investors,” Shoultz said in an email. “Opportunity zones unlock a significant amount of capital that is tied ...

Jan 14, 2019
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Los Angeles Mayor Eric Garcetti at an event in Watts, California
News

Nonprofit Accelerator For America Aims To Bring Cities And Opportunity Zone Investors Together

... The purpose of the investment prospectus is to market opportunity zones to local, regional and national investors.  Jacobs said  ... cities to help them attract investments into their opportunity zones. Accelerator for America and the partnership have not ...

Oct 31, 2018
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Florida's Most Gentrified Opportunity Zone? It's In Fort Lauderdale
News

Florida's Most Gentrified Opportunity Zone? It's In Fort Lauderdale

... firm RCLCO released a report this week identifying the opportunity zones that have gentrified most in recent years, and therefore ... ,543.  "Unlike most other regions, the most gentrified opportunity zones in the Southeast U.S. are concentrated in suburban ...

Jan 30, 2019
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