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Ben Carson
News

HUD Expands LIHTC Program To Encourage Opportunity Zone Investments

... the new program was meant to benefit opportunity zone investing. A developer seeking to shelter ... developers to fulfill the promise of the opportunity zone program by building affordable housing with ... not restrict investment in the zones based on asset class.

Feb 26, 2019
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'Devil In The Detail': Brokers, Developers Trying To Figure Out Opportunity Zone Benefits, Pitfalls
News

'Devil In The Detail': Brokers, Developers Trying To Figure Out Opportunity Zone Benefits, Pitfalls

... of the benefit. “This is not a panacea. The opportunity zones and Amazon can not cure every ill that every developer ... ,000 communities across the country that are designated as Qualified Opportunity Zones, with 514 approved census tracts in New York state. ...

Dec 14, 2018
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Boston Developers Say The Region Has The Wrong Mindset To Its Suburbs
News

Developers Say Boston’s Next Real Estate Hot Zones Are Hiding In Plain Sight

... 2013 acquisition of Nokia, and Microsoft used it as an opportunity to move its sales and marketing team due to customer ...

Sep 27, 2018
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Dublin port boat
News

Dublin's 523-Acre Golden Opportunity: Moving The Port, Piece By Piece

... successfully moved their ports to open up vast new development zones, why not Dublin, McWilliams argued? Since, he said, the super ...

May 11, 2018
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Alternative Lenders Want To Make Inroads In OZs. Fix-And-Flip Lenders Have Been There For Years
News

Alternative Lenders Want To Make Inroads In OZs. Fix-And-Flip Lenders Have Been There For Years

... of multifamily projects in neighborhoods that are now opportunity zones. Lenders like Sharestates have long provided the ... renovating properties within depressed neighborhoods, Shayanfekr said.  Opportunity zones have also broadened the company’s pool of ...

Jun 13, 2019
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money, box of money, dollars
News

Investors Have Put $4.5B Into OZs So Far, A Rapid Rise In Recent Months

... Steven Mnuchin, whose department oversees the program, predicted opportunity zones would attract $100B in investment, though he didn ... the public once it has reviewed the regulations. Opportunity zones are under political fire these days, and various ...

Dec 10, 2019
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Landowners Get Unexpected Windfall As OZ Investors Call After Their Properties
News

Landowners Get Unexpected Windfall As OZ Investors Call After Their Properties

... commercial real estate during its Atlanta Capital Markets and Opportunity Zones event on March 21. While the Internal Revenue ... $150M fund that specializes in public-private projects in opportunity zones. The fund has already invested in two: a TruBrand ...

Mar 14, 2019
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After 5 Years And $34B In Investments, It’s Still Unclear If OZ Program Is Living Up To Its Promises
News

After 5 Years And $34B In Investments, It’s Still Unclear If OZ Program Is Living Up To Its Promises

... were approved, there was an immediate impact. For opportunity zones, Wheeler found despite the increased supply of housing ... have changed from when the opportunity zones were created,” she said. Locations in opportunity zones sometimes help facilitate deals, ...

Apr 05, 2023
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All The President’s Men: The CRE Nominees Set To Define The Trump Administration
News

All The President’s Men: The CRE Nominees Set To Define The Trump Administration

... of Housing and Urban Development, chooses to focus on opportunity zones, a tax break for businesses investing in economically distressed ... Trump's victory, including those at Novogradac's Fall Opportunity Zones Summit in November. “The level of kind of ...

Jan 20, 2025
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Former President Donald Trump, speaking at an event in July.
News

NYC Real Estate Optimistic, Nervous About Second Trump Presidency

... the 2017 Tax Cuts and Jobs Act, which introduced opportunity zones. The policy, which defers capital gains taxes for real ...  had 514 census tracts statewide that were classified as opportunity zones, including hundreds across the five boroughs. Areas that ...

Nov 08, 2024
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