)
Griffin Capital eschews social impact questions when it comes to investing in opportunity zones.
)
LA-based developer and fund manager Martin Muoto wants to raise $1B to invest in opportunity zones in Black and brown neighborhoods and adjacent areas.
)
Investors, developers and funds working in California OZs aren't afraid of the reforms that seem to be on the horizon for the program.
)
The GAO says that there isn't enough data to know whether the OZ program is working.
)
Experts at Bisnow Digital Summit say California won't conform to federal OZ laws and most investments go to multifamily CRE instead of small businesses.
)
High taxes and fewer breaks might mean higher investor interest in OZs.
)
OZ investors often pick apartment development as their go-to.
)
Opportunity Zones were created to “spur economic growth and job creation in low-income communities."
)
The fund's initial investment is the development of a 120-acre off-roaders campground in Crag, Arizona, a designated opportunity zone.
)
Some Atlanta property owners now find projects in the pipeline in opportunity zones, adding a new, possibly lucrative, calculus.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.