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RXR Plans To Raise $500M To Go After Opportunity Zone Investments
News

RXR Plans To Raise $500M To Go After Opportunity Zone Investments

... specifically for projects in the federal government’s newly created opportunity zones. The firm is seeking to raise $500M, Bloomberg ... Hall Street near the Brooklyn Navy Yard. Supporters of opportunity zones say they will bring much-needed capital to ailing ...

Aug 16, 2018
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Cannabis
News

Mnuchin Says No To Weed For Opportunity Zone Investing

It seems that one of the lingering questions regarding opportunity zones has been answered, eliminating a possible avenue of investment. ... 't align with the spirit of the legislation that created opportunity zones. The law in question, the Tax Cuts and Jobs ...

May 19, 2019
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OPZ Capital founder Craig Bernstein
News

Bernstein Cos. Teams Up With OPZ Capital To Launch Opportunity Zone Fund

... based developer The Bernstein Cos. is jumping into the opportunity zones space. The company announced Tuesday it partnered with OPZ ... from high net worth individuals and place them in opportunity zones to achieve the tax benefits the program offers. As ...

Jan 23, 2019
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Sen. Tim Scott Leads Bipartisan Effort Encouraging Treasury To Deliver On Opportunity Zone Rules Clarification
News

Sen. Tim Scott Leads Bipartisan Effort Encouraging Treasury To Deliver On Opportunity Zone Rules Clarification

The members of Congress who drafted the influential opportunity zones provision of 2017's Tax Cuts and Jobs ... initial investments and reinvestments in property and businesses in opportunity zones. More flexibility, the letter argued, would more easily allow ...

Jan 28, 2019
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Urban Catalyst Opportunity Zone fund
News

Why The Rest Of 2019 Will Be Crucial For Opportunity Zone Development

... he has seen firsthand more capital being drawn into opportunity zones since April.  "There are still billions of dollars ... a small percentage will likely do something transformative within opportunity zones, experts said. Fund managers are still seeking only ...

Aug 28, 2019
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Chris Christie
News

Chris Christie Jumps Into Opportunity Zone Game, Seeks $150M For OZ Fund

... Christie is the latest public figure to get into opportunity zones, which were created in late 2017 to offer tax ... -time White House communications director Anthony Scaramucci launched an opportunity fund through his investment firm, SkyBridge Capital, and ...

May 09, 2019
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Sheppard Mullin’s Pam Westhoff, CohnReznick’s Rony Rodriguez, USC Sol Price Center for Social Innovation Gary Painter, Strategic Realty Holdings Eddie Lorin and Kosmont Cos. Larry Kosmont
News

Frustrated Developers, Investors Seek Opportunity Zone Guidance

... and frustration, many panelists said. “We all heard opportunity zones and went, ‘OK, that sounds interesting. More ... speakers discussed Los Angeles’ hottest submarkets and the opportunity zones program. Panelists discussed some of the growing submarkets ...

Aug 16, 2018
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White Oak
News

Developers Sign Trader Joe's For Silver Spring Opportunity Zone Project, Look To Sell Site

... of the new federal program.  "The response from opportunity zone investors and developers has been extraordinary," said Cushman ... investments.  "Relative to a lot of other opportunity zones and projects in opportunity zones, this is one where the retail is ...

Mar 14, 2019
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Allen Matkins' Keith Pollock, Kidder Mathews' Richard Putnam, CBRE's Brandon Smith, Canyon Partners Real Estate's Robin Potts and Morgan Stanley's Kev Zoryan at Bisnow's Greater Los Angeles Capital Markets & Real Estate Finance event at the JW Marriott in downtown Los Angeles
News

LA Capital Market Leaders Still Iffy On Opportunity Zone Properties

... observation about what happened after the opportunity zone program passed.  “When [opportunity zones] were formed as part of the ... in their states as opportunity zones. There are more than 8,700 designated opportunity zones nationwide. California has the ...

Apr 09, 2019
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Panoramic Interests' 500 Kirkham Rendering
News

The Challenge Of Broadening Oakland’s Opportunity Zone Development

... at Bisnow’s Oakland State of the Market & Opportunity Zones event Thursday morning at the Marriott Oakland City Center. ... raises questions about investment in many of the city’s opportunity zones, but Raya and the Economic & Workforce Development Department ...

Jun 13, 2019
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