Analysis for the OZ industry — page 12
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
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