Analysis for the OZ industry — page 11
Pinnacle Partners Plans Multifamily Denver OZ Project
Pinnacle Partners announced plans to develop a new multifamily housing project in an Opportunity Zone in Denver, Colorado. Pinnacle is providing the LP equity for the deal, with Mortenson Development serving as the developer. The project wi
Novogradac: QOF Fundraising Flat From Previous Quarter, Down From Previous Year
According to new data from Novogradac , equity raising by Qualified Opportunity Funds was largely flat from Q2 to Q3, but the QOFs that they track are still on pace to exceed $10 billion for the year. As of September 30, 2022, Qualified Opp
What The Opportunity Zones Industry Needs Now, With Blake Christian
Opportunity Zones have raised over $100 billion of capital. But what good is the tax policy doing? Blake Christian, CPA and tax partner at HCVT, joins the show to discuss the importance of advocacy on behalf of the Opportunity Zones policy.
Grubb OZ REIT Adding 650 Multifamily Units In Los Angeles
Grubb's Link Apartments Opportunity Zone REIT announced this month the addition of five multifamily developments in the Los Angeles area. In aggregate, the projects will add more than 650 units of housing to the area. The largest of the pro
OZ Job Creation Success Story: MIT Modular, With Roi Maufas
Four years into the Opportunity Zone program, success stories are abundant. Today's podcast episode is the first in a series of episodes that will highlight stories of true impact that the OZ program has helped to create. Roi Maufas, co-fou
Four Points Funding Launches Fifth OZ Fund
Four Points Funding has launched its fifth Qualified Opportunity Fund (QOF), with the firm's first four funds having invested in 17 OZ projects totaling $175 million of equity and over $200 million of total project cost. Four Points continu
OZ Expo Phoenix 2022 Recap, With Ashley Tison
Ashley Tison and I have been to nearly every Opportunity Zone Expo since the group began organizing conferences in early 2019. While the early Expos were focused on navigating the new legislation and regulations, this most recent Expo in Ph
Revitalizing Mobile Home Communities In Opportunity Zones, With Sam Hales
Opportunity Zones are helping drive capital into the revitalization of mobile home park communities in some of the country's poorest areas. Sam Hales, founder and CEO of Saratoga Group, joins the show to discuss how he has used Opportunity
The Impact Of Rising Interest Rates On Opportunity Zones, With James Brunger
The stock market is down, inflation is at 40-year highs, and interest rates are on the rise. How are rising debt costs impacting the operations of Qualified Opportunity Fund operators? James Brunger, chief sales officer at Capital Square, j
USG Breaks Ground On Multifamily OZ Project In Milwaukee
USG Realty Capital has broken ground on a 76-unit multifamily development located in a Milwaukee Opportunity Zone. The project, known as Elevation 1659, is scheduled for completion in September 2023. The site for the development, located at
7 Opportunity Zone Investing Insights - Andy Hagans & Jimmy Atkinson
The true potential of the Opportunity Zone program has largely been left unlocked. In this episode, Andy Hagans & Jimmy Atkinson share 7 OZ insights that every investor should know. Watch On YouTube Episode Highlights How big the Opport
EJF Breaks Ground on Jacksonville Multifamily OZ Project
EJF Capital and Chance Partners have broken ground on The Jack on Beach, a multifamily project that will consist of four buildings and a total of 295 units in Jacksonville, Florida. The Jack will be developed on a nearly 10 acre site and wi
Griffin Capital Announces Special QOF Distribution
Griffin Capital has completed a successful recapitalization of its Laurel Apartments in East Austin, and announced a special distribution to investors in its Qualified Opportunity Fund. Laurel Apartments is a 300-unit complex, which was dev
Top 25 Cities With The Most Opportunity Zones
Which cities have the largest number of Opportunity Zones? The top three cities—New York, Los Angeles, and Chicago—are to be expected. But numbers 4 through 10 may be somewhat surprising. On today's episode, we review the top 25 cities with
The IRS Opportunity Zone Ticking Time Bomb, With Kirk Walton
Is there a ticking time bomb that may disqualify more than $1.3 billion of funds raised by Qualified Opportunity Funds? Kirk Walton, co-founder and managing partner of GPWM Funds, joins the show to discuss potential solutions to QOF filing
Cost Segregation For Qualified Opportunity Funds, With Valerie Grunduski & Jeremy Sompels
Cost segregation to achieve accelerated depreciation and can greatly improve after-tax returns for real estate investors. But it can be a an even more powerful tool for Opportunity Zone deals. Valerie Grunduski, partner and real estate tax
Passive Real Estate Investments In OZ Funds, With John Rubino
Passive real estate investing can bring cash flow and appreciation to investors who don't necessarily want to be actively hands-on. John Rubino, founder and COO of JID Investments, joins the show to discuss how High Net Worth investors shou
Finding Value in Puerto Rico's Opportunity Zones, With Ari Kresch
The inefficient real estate marketplace in Puerto Rico can create compelling opportunities for investors seeking value. Local tax incentives layered in with Opportunity Zone benefits can drive highly attractive return projections. But inves
Ask The OZ Expert, With Ashley Tison
Ashley Tison of OZ Pros joined OZ Pitch Day last month to field live questions from our attendees. Over the past three years, Ashley has helped form well over 1,000 Opportunity Zone entities. On today's show, Ashley answers questions about
Novogradac: QOF Fundraising Growth Rate Up Year-Over-Year Despite Q2 Slowdown
According to new data from Novogradac , capital raising by Qualified Opportunity Funds slowed in the second quarter of 2022, compared to Q1, as broader markets slumped and inflation hit four-decade highs. As of June 30, 2022, Qualified Oppo
OZ Reform Legislation: What Investors Need To Know, An OZ Pitch Day Panel
In April, members of Congress in the House and Senate introduced bipartisan Opportunity Zone legislation that would extend and improve the four-year-old tax policy. In this panel from OZ Pitch Day Summer 2022, Blake Christian, partner at HC
OZs vs. 1031s, DSTs, And Other Tax Mitigation Strategies, An OZ Pitch Day Panel
Investing in Opportunity Zones can be an effective tax mitigation strategy for High Net Worth investors. But when are OZs the right investment structure to use when considering taxation and overall portfolio construction strategy? In this p
Using Leverage In Opportunity Zone Deals, With Louis Dubin
Debt is commonly used to amplify returns on real estate investments, and Opportunity Zone deals are no exception. But what is the proper amount of debt to appropriately leverage any given investment, and why might that target change for an
Revitate Launches OZ Fund Focused On Emerging Cities
Revitate has launched fundraising for its Impact OZ Fund 2022, marking the fourth Qualified Opportunity Fund (QOF) led by co-founders Alex Bhathal and Lisa Merage. The new fund will focus on multifamily and industrial projects in emerging m