Analysis for the OZ industry — page 12
Developing Oregon's Opportunity Zones, With Vanessa Sturgeon
Oregon has been scrutinized for some of the state's Opportunity Zone selections, particularly those in downtown Portland. Vanessa Sturgeon, founder of Sturgeon Development Partners, joins the show to discuss how the Opportunity Zone nominat
GTIS Partners Launches Second OZ Fund
After raising $630 million in one of the largest OZ funds to date, GTIS Partners has announced the launch of its second Qualified Opportunity Fund (QOF). The GTIS Qualified Opportunity Zone Fund II will be open to accredited investors on Ju
DSTs And OZs For Advisors, With Louis Reynolds
When a High Net Worth investor triggers a capital gain, there are a few different tax mitigation options available, including the 1031 Exchange, a Delaware Statutory Trust (DST) investment, and Opportunity Zones. But when is each of these o
Mixed Use Birmingham OZ Project Moves Forward
Parkview Financial has provided a $22.5 million loan for the redevelopment of a mixed-use project located in Birmingham, Alabama. The five-story building, which has been empty since being vacated by the American Red Cross in 1999, will be d
How Securities Laws Impact Qualified Opportunity Funds, With Coni Rathbone
Real estate securities laws that apply to Qualified Opportunity Funds can have a huge (and often times ignored) impact on OZ developers and project sponsors. Coni Rathbone, real estate and securities attorney at Dunn Carney, joins the show
Community Activation In Opportunity Zones, With Chris Cooley
Community activation may be the key to long-term success of Opportunity Zones. Chris Cooley, CEO of OZworks Group, joins episode #200 of the Opportunity Zones Podcast to discuss OZ advocacy, why community-led OZ projects are crucial to the
Urban Catalyst's Second OZ Fund Hits $100 Million In Funding
Urban Catalyst announced that it has raised more than $100 million for its Urban Catalyst Opportunity Zone Fund II . Their second OZ fund furthers the construction of new ground-up projects in downtown San Jose by funding ICON/ECHO, a prope
7 Common Mistakes Made By OZ Investors, With Andrew Gradman
It's incredibly easy for Qualified Opportunity Fund managers and limited partners who invest in such funds to get tripped up by many of the novel complexities that arise from the statute and regulations dictating Opportunity Zone investing.
Cresset Surpasses $1 Billion In OZ Equity, Launches Fund III
Chicago-based Cresset announced that it has closed its second OZ fund after raising $655 million in equity, and is immediately launching a third fund. Cresset had previously raised $465 million in its first OZ fund, launched in 2018, bringi
4 Multifamily Real Estate Trends For 2022, With Scott Hawksworth
Multifamily is the most popular asset class for Opportunity Zone investors. According to the latest Qualified Opportunity Fund survey data from Novogradac, approximately 80% of all QOFs have exposure to residential real estate. Scott Hawksw
Financial Repression And Opportunity Zones, With Andy Hagans
With stocks and bonds trending downward as of late, record amounts of money are pouring into alternative investments, including Qualified Opportunity Funds. Andy Hagans, co-founder of AltsDb, joins the show to discuss where Opportunity Zone
Capital Square's First OZ Development Nears Full Occupancy
Capital Square's 80-unit multifamily property in Richmond, Virginia has reached 97% occupancy just four months after completion. The INK property, which includes approximately 80,000 square feet of residential space and 1,900 square feet of
New York Senate Approves Decoupling Of OZ Incentive
The New York Senate voted this week to decouple the state's capital gains rate from the Opportunity Zone incentive, a move that has been widely anticipated since S.B. 6800 was introduced last year. The measure passed the Senate 44-17 withou
Live From The Novogradac 2022 Spring OZ Conference, With Ashley Tison
Opportunity Zone reform legislation, social impact, and fundraising trends were hot topics at last month's Novogradac OZ Conference in Long Beach, California. Ashley Tison, co-founder of OZ Pros, joins the show live on-site to discuss where
EJF Secures $67 Million For Nashville OZ Project
EJF Capital has secured a $67 million construction loan from Synovus Bank for its multifamily development in Nashville's Metrocenter District. The project is located at the old Watkins College campus in north Nashville. Watkins College merg
Urban Catalyst Breaks Ground On Senior Housing OZ Project
Urban Catalyst has officially broken ground on its Gifford Place project in San Jose. The property will be developed into a 167-unit senior living facility, one of the only such facilities to be built in the city over the past several decad
Toll Brothers Plans 501-Unit Multifamily OZ Project
Luxury home builder Toll Brothers announced plans to develop a 501-unit multifamily development in Washington, D.C. that will be financed through a $163 million construction loan from Bank OZK. The property, located at 113 Potomac in the Bu
Ryan Companies Breaks Ground On Denver Area Multifamily OZ Project
Ryan Companies has started construction on a 151-unit multifamily project in an Opportunity Zone in the Denver suburb of Lakewood. The project will encompass more than 130,000 square feet in a six floor building. Amenities will include a po
OZ Investing Tips, From The Experts
In today's "man-on-the-street" style episode, Jimmy Atkinson conducts five rapid-fire live interviews at the ADISA 2022 Spring Conference, featuring OZ investing insights from Erik Hayden (Urban Catalyst), James Brunger (Capital Square), Ja
$47 Million Raised For Savannah OZ Project
Standard Communities has secured $47 million in financing for the development of a 219-unit Class A development in Savannah, Georgia. The Line community will consist of two buildings and feature a pool, sundeck, and fitness center. "We are
Parsonex Breaks Ground On Grand Junction OZ Project
Parsonex Capital Partners and Senergy Builders have broken ground on their second OZ project. The Brookwillow Estates project will consist of 36 condominium units in the booming town of Grand Junction, which is located off of I-70 near the
Asset Classes For OZ Investing, With Kira Golden
Investing across different asset classes provides not only diversification benefits but alternative sources of growth and revenue. Opportunity zones can offer strong investment returns with an added social impact component in the United Sta
Webinar Replay: Advocating For Opportunity Zone Improvements
Learn how you can voice your support for the Opportunity Zones Improvement, Transparency, and Extension Act (H.R.7467 / S.4065). OpportunityDb founder Jimmy Atkinson recently co-hosted a webinar on this very topic with Chris Cooley of OZwor
The Evolution Of Opportunity Zones, With Shay Hawkins
In this keynote address from OZ Pitch Day Spring 2022, Shay Hawkins takes a look back at the first few years of the Opportunity Zone program and predicts what may lie ahead. Webinar Highlights The evolution of the Opportunity Zone program a