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Real Estate Is Not The Heart Of The Opportunity Zone Program
News

More Complete Opportunity Zone Guidance Means More Emphasis On Operating Businesses

... door every single morning at the office to get into opportunity zones," Friedman said, producing a swell of laughter from the ... and Sen. Tim Scott all assured the audience that opportunity zones will take more than a presidential regime change to reverse ...

Jun 30, 2019
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City of Miami Gardens Opportunity Zone
News

First Opportunity Zone Review Finds $75B In Capital Raised By End Of 2019

... Senior Fellow Brett Theodos said the estimate of opportunity funds raised is less of an indication of ... , Prevention, Accountability, Certification, and Transparency Provisions of Opportunity Zones), which has bipartisan support and was introduced in December ...

Aug 25, 2020
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Lennox Jackson
News

Developers In Low-Income Areas Hoping To Catch The Attention Of Opportunity Zone Investors

... has high hopes, and several concerns, about how opportunity zones will impact South Side neighborhoods. His firm buys dozens ... Park and Hyde Park. These areas, honeycombed with opportunity zones, have all the ingredients desired by investors, including great ...

Feb 06, 2019
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Opportunity Zone Investing Is A Race, And Baltimore Is In It To Win It
News

Baltimore Is Going All-Out To Be 'The Opportunity Zone City'

... and CEO Steve Glickman, who helped devise the opportunity zones program. “Obviously, these are investments and they ... industrial site. Most of Port Covington sits within opportunity zones, which could supercharge investment, according to Weller Development ...

Jan 29, 2019
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A retail building in one of the opportunity zone designated tracts in Long Beach
News

Here's What You Need To Know About The New Opportunity Zone Guidelines

... . More than 8,700 communities nationwide are designated opportunity zones. When the first set of rules came out ... 2047." Substantial Improvement Test The first iteration of opportunity zones required investors to double down on the improvements of ...

Oct 22, 2018
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CohnReznick's Ira Weinstein, Develop's Steve Glickman, Morris Manning & Martin's Matthew Peurach, Baker Mckenzie's Dan Cullen, DMPED's Jonathan Kayne and Miles & Stockbridge's Jerome Allen Breed
News

Which Properties Investors Expect To Benefit Most From Opportunity Zone Investments

... up large funds to aggregate investor money in opportunity zones, developers with opportunity zone projects in the pipeline are also ... 's Jonathan Kayne said investors in D.C. opportunity zones can also take advantage of the Neighborhood Prosperity Fund ...

Oct 16, 2018
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This Developer Is Trying To Beat The Odds And Build A Wellness Community In One Of Philly's Poorest Neighborhoods
News

Can This Wellness-Focused Project In One Of Philly's Poorest Neighborhoods Be A 'Case Study' For Opportunity Zone Development?

... , which Miles is operating as a qualified opportunity fund based on the opportunity zones program created by the Tax Cuts and Jobs ... TPP’s assembled parcels sit within census tracts designated as opportunity zones. “Our model at TPP in terms of our social ...

Jan 18, 2021
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E Smith Legacy Retains Funding To Renovate Innovation Center In South Dallas Opportunity Zone
News

E Smith Legacy Retains Funding To Renovate Innovation Center In South Dallas Opportunity Zone

... the Dallas VA Medical Center and is in a designated opportunity zone. OZs are part of a federal program that ... of economic development. Investors in real estate deals in opportunity zones can inject money into the projects and neighborhoods while realizing ...

Jul 08, 2020
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Soccer Stadium Part Of $400M Pawtucket Opportunity Zone Proposal
News

Soccer Stadium Part Of $400M Pawtucket Opportunity Zone Proposal

... “This $400M investment in one of Pawtucket’s opportunity zones will create jobs and will be a transformative economic development ... period.  Fortuitous will look to raise funds through the opportunity zone tax incentive program — which allows investors to ...

Dec 03, 2019
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Eric Blumenfeld Plans 30-Story Tower In North Broad Street Opportunity Zone
News

Eric Blumenfeld Plans 30-Story Tower In North Broad Street Opportunity Zone

... Before the newly created opportunity zones have even come fully ... tax law, Blumenfeld told the Inquirer. Opportunity zones offer investors the chance to defer, and ... capital gains taxes for properties within those zones. The specifics of the benefits and ...

Oct 16, 2018
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