Opportunity Zone Investing, Part Two

Greg spent more than 30 years working at all levels in corporate and private industries. He graduated from Howard University, Washington, DC, with a BS in Chemical Engineering. He began his career with McNeil Consumer Products Company. Greg then joined Merck and Co. Inc., where he received eight promotions and held eleven different positions during his tenure with the company. Greg left Merck and started a consulting company, where he assisted pharmaceutical and real estate companies with marketing and crisis communications. After learning more about the real estate industry, he joined a mid-size real estate development company, where he became a member of the executive team. Greg established his Mosaic Development Partners in 2008, and together with his partner Leslie Smallwood-Lewis, they have completed projects in Philadelphia totaling more than $150 million in investment and have an additional $2.7B in projects in its pipeline.

Daniel is passionate about contributing to the diverse fabric of Seattle’s built environment, believing that thoughtfully designed and executed projects can create positive change in people’s lives. Daniel heads Acquisitions and Development at Nitze-Stagen and is a founding Principal of O.Z. Navigator. In these capacities, Daniel oversees the investment pipeline while managing due diligence, transaction execution and development projects. Daniel has led many development and value-add projects in the Seattle region and has overseen the capitalization of about 1,500 apartment units in greater Seattle. Before NSCO and OZN, Daniel worked at Goldman Sachs in the Investment Management Division and at Voyager Capital, a Seattle based venture capital firm. Daniel holds an MBA from Harvard Business School and BAs in English and Finance from the University of Washington and is a regular guest lecturer at UW’s Runstad School of Real Estate. Daniel lives with his wife and two young children in Seattle’s Queen Anne neighborhood.

Marc Schultz's practice is concentrated in federal, local and state taxation matters, including complex transactions involving corporations, limited liability companies, limited partnerships, tax exempt entities, and real property. Marc regularly engages in advising clients with respect to mergers and acquisitions, joint ventures, formation of private investment funds, tax credit financing, and energy transactions. Marc currently chairs Snell & Wilmer’s Tax Credit Finance Group and Renewable Energy Group, and founded and co-chairs the firm’s Opportunity Zones and Funds Industry Group. Marc has represented investors, developers, and syndicators with respect to Low-Income Housing Tax Credit transactions, and has represented numerous parties with respect to transactions involving New Markets Tax Credits, Historic Tax Credits, and Renewable Energy. As part of his renewable energy practice, Marc regularly drafts Power Purchase Agreements. Marc is a regular speaker and panelist on the subject of tax credit finance and the Opportunity Zone incentive, and has written numerous articles and has been quoted in numerous publications with respect to these subject areas. Marc is currently representing investors, fund sponsors, and developers with respect to the Opportunity Zone incentive. Marc was involved in the advising and drafting of a number of comment letters that were submitted to the U.S. Department of the Treasury and the Internal Revenue Service regarding the Opportunity Zone proposed regulations. Marc served as an adjunct professor, teaching taxation of business entities in the Graduate Program of Accountancy, at the University of Illinois-Chicago. Marc also served on the Board of Directors for the Arizona Housing Finance Authority, as an appointment by Arizona Governor Doug Ducey.

Greg Talcott is the Senior Vice President, Private Client, at Caliber Companies. He assists clients in building their wealth and diversifying their income through private equity real estate investments.. Greg came to Caliber after a two-year stint with Scottsdale-based competitor Virtua Partners, where last year he raised more than $100 million in capital investment from high-net-worth individuals, registered investment advisors and institutional entities. He delivers a high level of trust among customers past and present with his background in managing assets and serving as a fiduciary for select private wealth clients at Scottrade-TD Ameritrade, Basilica Wealth Management and Charles Schwab in Arizona, the Pacific Northwest and other key markets for more than 15 years. During his time at Schwab, he led a team that managed more than $2.5 billion in assets that provided portfolio management and financial planning designed for a particular client suitability. Greg received a Bachelor of Science degree in Law and Political Science from Arizona State University and holds Series 7, 9, 10, 63 and 66 securities licenses, which include Arizona. He is a registered representative with Caliber Funds, which is affiliated with Tobin & Company Securities, LLC – Member FINRA/SIPC.