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News

Investors Lining Up To Pour Billions Into Opportunity Zones

... several funds have been set up specifically targeting opportunity zones.  Treasury Secretary Steven Mnuchin last week predicted $ ... investment managers have begun setting up funds targeting opportunity zones and say they are getting strong interest. ...

Oct 04, 2018
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Develop LLC founder Steve Glickman speaks to a panel of IRS and Department of Treasury officials at an opportunity zone hearing July 9, 2019
News

Data Gathering Is Crucial To The Success And Survival Of Opportunity Zones

... Group Managing Director Margaret Anadu said at Bisnow's Opportunity Zones summit. “In discussing whether to renew this program, ... all." Homan also pointed out that, since the opportunity zones are based on census tracts, the federal government already ...

Jul 15, 2019
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Joe Biden
News

Big Changes Could Happen To Opportunity Zones Post-Election, But More Will Be Needed To Address Disinvestment

... it benefits low-income communities. “The Biden campaign views opportunity zones as one of the pillars of their economic strategy, ... communities will take far more than making adjustments to opportunity zones. Episcope said the company can secure OZ investors ...

Oct 29, 2020
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Even Beach Paradises Look To Opportunity Zones To Help Struggling Year-Round Residents
News

Even Beach Paradises Look To Opportunity Zones To Help Struggling Year-Round Residents

... in winning over real estate investors, but its six opportunity zones — in Provincetown, Dennis, Yarmouth, Barnstable, Falmouth and ... way and align other state programs with opportunity zones,” New Bedford Economic Development Council Executive Director ...

Oct 14, 2019
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Massachusetts Has Limited Involvement In OZ Program Rollout
News

Massachusetts Cities Have Questions About Opportunity Zones. The State Has Few Answers

... he said. Conventional industry wisdom, at this point, on opportunity zones is that they merely are enough to move a project ... still forging ahead with finding ways to benefit from their opportunity zones.  Worcester aims to provide clarity with help from the ...

Oct 21, 2019
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Developers And Investors Told To Sweat The Small Stuff On Opportunity Zones
News

Developers And Investors Told To Sweat The Small Stuff On Opportunity Zones

... were selected by governors across the country as possible opportunity zones. The state of New York suggested 514 census tracts ... RXR Realty is aiming to raise $500M specifically for opportunity zone projects. Its $170M development in downtown New Rochelle ...

Aug 29, 2018
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Trump To Form Committee To Direct Federal Funding Toward Opportunity Zones
News

Trump To Form Committee To Direct Federal Funding Toward Opportunity Zones

... to lure capital. With or without federal support, opportunity zones have drawn billions of dollars of interest already from ... properties owned by Kushner Cos. that are located in opportunity zones. Six of those properties are reportedly located in the ...

Dec 12, 2018
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Investors Bide Their Time With Opportunity Zones And Prepare For Increased Activity
News

Investors Bide Their Time With Opportunity Zones And Prepare For Increased Activity

... the focus of investors within commercial real estate. Opportunity zones have been the driving force behind this increased ... gains in the economy that could go into opportunity zones. Opportunity zones offer more than real estate investment. Funds can ...

Aug 23, 2018
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The IL Medical District
News

The Next Wave? 3 Opportunity Zones Getting Most Attention, But 30 Bubble Communities May Be Next

... the path of growth, and some of the opportunity zones contain very viable infill neighborhoods which overlap perfectly ... thoughtful.” Learn more about the opportunity zones program and more at Bisnow's Chicago Opportunity Zones and 2019 Forecast event Jan. ...

Jan 10, 2019
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LifeAfar recently purchased ​Plaza Colón Hotel & Suites in San Juan Puerto Rico. This part of Puerto Rico is a designated opportunity zone.
News

The Hotel Industry Has Mixed Feelings About Opportunity Zones

... — designated certain areas in their states as opportunity zones. These zones are for the most part low-income or ... are exceptions with some of the designated opportunity zones, he said.  There are opportunity zones that are in up-and-coming neighborhoods ...

Feb 03, 2019
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