Analysis for the OZ industry — page 11
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
Inflation And Opportunity Zones, With Chris Loeffler
Inflation recently hit a four-decade high of 9.1%. The stock market is down double digits year to date. The U.S. economy is likely in a recession. What do investors need to know right now about Opportunity Zones and macroeconomic turbulence
OpportunityDb To Host OZ Pitch Day On Thursday, July 28th
OpportunityDb is set to host OZ Pitch Day Summer 2022 tomorrow, July 28th, beginning at 10:00 AM Eastern Time. Silicon Valley OZ fund manager Urban Catalyst is the Title Partner for this event. It will be the sixth OZ Pitch Day that Opportu
Detroit Opportunity Zone Investment Strategy, With Jed Howbert
While other major U.S. cities experienced a resurgence in the 1980s and 1990s, Detroit got left behind for several years. But now, the ongoing resurgence of Detroit may be creating a compelling investment opportunity for Opportunity Zone in
Capital Square Breaks Ground On Charleston OZ Project
Capital Square announced that it has broken ground on its ROOST Apartment Hotel project in Charleston, South Carolina, targeting a completion of construction in approximately one year. The project, located at 529 King Street in Charleston,
OZ Investing In An Economic Downturn, With Erik Hayden
The stock market is down more than 20% year to date. Interest rates are on the rise to tackle the highest inflation rate in 40 years, but this may inevitably lead to a recession. How are Opportunity Zones potentially being impacted by these
Pinnacle Partners' Spokane OZ Projects Move Forward
Opportunity Zone investment firm Pinnacle Partners is partnering with Spectrum Development Solutions on a 160-unit apartment building in Spokane's University District. The four-story building will have a footprint of more than 100,000 squar
Case Study: 1031 To OZ Investment, With Lawrence Jatsek
The Section 1031 exchange has been around for over 100 years. Much like Opportunity Zones, chaining together a series of 1031 exchanges can offer an incredible tax incentive for real estate investors. But when might an OZ investment be a be
Veterans Victory OZ Project in Colorado Springs Receives Equity Investments
A 240-unit multifamily community known as Veterans Victory in Colorado Springs, CO has received equity investments from Tocqueville Asset Management and CapZone Impact Investments. The Opportunity Zone development includes over 300,000 squa
Opportunity Zones And Housing Affordability, With Brad Padden
A housing affordability crisis currently plagues our nation. Can Opportunity Zones be utilized to effect real change that would bring more high density housing stock online? Brad Padden, founder and CEO of Housing Diversity Corporation, joi
Opportunity Zones For Family Offices, With Alex Bhathal
Ultra High Net Worth investors and family offices are ideally suited for real estate investments in Opportunity Zones. The long holding period and strategic differences between OZs and other tax-advantaged investments can be complimentary i
CE Credit Webinar: Opportunity Zones For Financial Advisors
On June 16th, OpportunityDb founder Jimmy Atkinson hosted a live one-hour webinar for financial advisors. Note: This webinar has been accepted by the CFP Board for 1 hour of CE credit. Presenter Jimmy Atkinson, OpportunityDb Topics Covered