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A retail building in one of the opportunity zone designated tracts in Long Beach
News

Ranking QOZs: How State And Local Officials Can Make Their Opportunity Zones More Attractive To Developers

... are socially equitable, sustainable and economically prosperous. Opportunity zones in Portland, Oregon, San Francisco, Seattle, Philadelphia,  ... how and where investors will deploy capital into opportunity zones.  “Developers are going to be opportunistic; ...

Dec 19, 2018
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Long Island City, Queens, New York
News

New York Is Overloaded With Opportunity Zones Full Of Rich People

... Brooklyn in particular — has an outsized portion of the richest opportunity zones in the country. Of the 8,700 census tracts designated ... as qualified opportunity zones in the Tax Cuts and Jobs Act in 2017, 50 ...

May 14, 2019
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With More Opportunity Zone Clarity, Massachusetts Grapples With Leveling The OZ Playing Field
News

Massachusetts Is Finally Ready To Get Cracking On Opportunity Zones

... partner Troy Merkel said jokingly at Bisnow’s Boston Opportunity Zones Summit Wednesday.  “We’re seeing people using the ... Gateway Cities can drive developers to pursue projects in opportunity zones beyond the most-desired tracts in Charlestown, Alewife ...

Mar 14, 2019
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President Donald Trump speaks at the Opportunity Zone press conference at the White House, April 17, 2019.
News

It's All Systems Go For Opportunity Zones Now

... at a press conference touting the benefits of opportunity zones. Even though Trump invoked the opioid crisis and ... a "thoughtful, balanced approach" to outstanding concerns regarding opportunity zones, Javelin 19 Investments President Jill Homan told Bisnow. ...

Apr 17, 2019
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Tax Advisers Want More Clarity On The Future Of Opportunity Zones
News

Industry Experts Cautiously Optimistic About The Future Of Opportunity Zones

... to build in low-income communities, or designated opportunity zones, across the U.S. to spur economic development ... determine which tracts qualify as opportunity zones. Once these tracts are approved, they remain opportunity zones for 10 years. “Until ...

Jul 24, 2018
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Survey Says: While Opportunity Zones Will Reshape U.S. Cities, Many Low-Income Communities May Remain Overlooked
News

Survey Says: CRE Generally Believes Opportunity Zones Will Reshape U.S. Cities, But There Are Skeptics

... half of the participants, 65.8%, believe opportunity zones will significantly reshape cities and revitalize blighted communities ... concerns about the lack of guidance surrounding opportunity zones, particularly when it comes to affordability requirements ...

Nov 06, 2018
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Can Opportunity Zones Provide Transformational Change In Affordable Housing?
News

Changing Perceptions, Opportunity Zones Could Mean Big Things For Affordable Housing In Baltimore

... . Vice President Dana Henson said. The creation of opportunity zones has changed that conversation drastically, perking up interest in ... trillion in unrealized capital gains could be deployed into opportunity zones, Finley said. If some of that capital goes ...

Oct 23, 2018
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Richmond Is Still Waiting For Developers To Take Advantage Of Its Opportunity Zones
News

Richmond Is Still Waiting For Developers To Take Advantage Of Its Opportunity Zones

... , we have not seen people take advantage of the opportunity zones," Vela told Bisnow. Johnson Development Corp. Vice President ... the same sentiment. Most developers and investors view opportunity zone incentives as providing a relatively small boost to ...

Jul 16, 2020
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Charles Clinton EquityMultiple
News

Youngwoo, EquityMultiple To Raise $500M To Invest In Opportunity Zones Across The U.S.

... York, to launch an investment fund dedicated to investing in opportunity zones, The Real Deal reports. The companies have set a ... destitute or disinvested can be or have been designated as opportunity zones. Investors can defer capital gains taxes on the sale ...

Sep 11, 2018
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Property Values In Opportunity Zones Have Risen 20%
News

Property Values In Opportunity Zones Have Risen 20%

... across the U.S. were designated as qualified opportunity zones, those zones have had a rush of investor interest. Property ... in Nashville and the Charlestown neighborhood of Boston. Opportunity zones in and around Boston averaged the highest ranking in ...

Apr 05, 2019
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