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California State Treasurer Fiona Ma, Accelerator for America Aaron Thomas, CohnReznick’s Beth Mullen, Manatt, Phelps, & Phillips' Neil Faden, Enterprise Community Partners' Jacqueline Waggoner, Kosmont Cos.' Larry Kosmont, Avanath Capital Management’s Daryl Carter and George Smith Partners’ Bryan Shaffer pose for a picture at Bisnow's LA Opportunity Zones event at the L.A. Grand Hotel Downtown
News

Opportunity Zones Could Flop In California, Officials Warn

... elimination of capital gains tax and full conformity for opportunity zones has stalled because California elected officials don't ... disconnect is political. Since President Donald Trump signed opportunity zones into law and fully supports it, Shaffer feels ...

Aug 15, 2019
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A photo of a designated opportunity zone next to Cesar E. Chavez Park in Long Beach
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Opportunity Zones One Step Away From Receiving Official Guidance Investors Are Desperately Seeking

... does the partnership need to invest those gains in an opportunity zone, or can individual members invest their respective portions ... for that grace period? What kind of businesses within an opportunity zone are eligible for investment? "Businesses of sin" ...

Oct 18, 2018
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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

Opportunity Zones: What We Know — And Still Don't Know — After Latest Federal Guidance

... now have more flexibility when choosing, buying and selling opportunity zone assets, as well as more forgiving timelines in ... , but still went unanswered.” Pearlman stressed that potential opportunity zone investors and fund managers need to be familiar ...

Jun 26, 2019
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Opportunity Zones: Watch The Pitfalls
News

Opportunity Zones: Watch The Pitfalls

...  will entice builders to put affordable housing in the designated opportunity zones, many of which are blighted areas. He said that ... Boston and New York who are looking for deals in opportunity zones around the country because they weren't finding deals in ...

Nov 14, 2018
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Opportunity Zones Could Jump-Start Redevelopment In This Formerly Bankrupt Bay Area City
News

Opportunity Zones Could Jump-Start Redevelopment In This Formerly Bankrupt Bay Area City

... to attract much-need attention and investment. Opportunity zones along with adaptive reuse and redevelopment will be ... can then invest in those opportunity zones in exchange for certain tax benefits. Opportunity Zones are particularly beneficial for ...

Aug 02, 2018
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With A Possible Extension On The Horizon, Opportunity Zones Have Already Made Their Mark In LA
News

With A Possible Extension On The Horizon, Opportunity Zones Have Already Made Their Mark In LA

... Los Angeles, parts of Hollywood and Koreatown in opportunity zones weren't having trouble attracting capital, but they ... housing.  “That would not have been possible without opportunity zones,” Muoto said.  Arctaris Impact Investors provided key project ...

May 14, 2025
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What Are Opportunity Zones?
News

What Are Opportunity Zones?

... set aside 20% of their census tracts as opportunity zones. The zones had to meet a few basic requirements about local ... Markets Tax Credits and state programs like Pennsylvania’s Keystone Opportunity Zones — have been around for decades.  However, these ...

Mar 13, 2020
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Expert Q&A: Taking Advantage Of Opportunity Zones Requires Caution
News

Expert Q&A: Taking Advantage Of Opportunity Zones Requires Caution

... : What long-term financial planning and tax strategies do opportunity zones offer? Ament: Opportunity zones create the ability for a taxpayer to defer, reduce ...

May 19, 2019
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REPORT: Opportunity Zones Are Not Generating The Benefits That Underfunded Communities Were Promised
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REPORT: Opportunity Zones Are Not Generating The Benefits That Underfunded Communities Were Promised

... , philanthropies, and public and nonprofit agencies working with opportunity zones. The study was funded by a grant from JPMorgan ... research found that one of the primary benefits opportunity zones have are their ability to elevate the visibility of ...

Jun 17, 2020
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Bisnow Survey: Opportunity Zones Will Not Help With Affordable Housing Crisis
News

Bisnow Survey: Opportunity Zones Will Not Help With Affordable Housing Crisis

... . The poll revealed that 70% of respondents believe opportunity zones will cause gentrification in low-income neighborhoods, while 35 ... responded that she plans to invest in an opportunity fund, said opportunity zones can help revitalize low-income areas. “A ...

Jun 03, 2019
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