Analysis for the OZ industry — page 14
A Vertically Integrated OZ Fund, With Chris Loeffler
What does it mean to be vertically integrated in the opportunity zones investment process? And how might vertical integration increase profits and shareholder returns? Chris Loeffler is the CEO of Caliber and serves as Chairman of the Compa
The Investor Advocacy Approach To Opportunity Zones, With Greg Genovese
Since its inception, opportunity funds have captured the attention of investors, asset managers, policymakers, community leaders, and financial institutions, with no sign of the trend abating. In fact, interest has been staggering due to th
Opportunity Zone Investing Misconceptions, With Michael Episcope
Misconceptions often cause investors to opt out of potentially profitable and viable investment opportunities. The Federal Opportunity Zone tax incentive program has had its fair share of uncertainties due to miseducation and confusion arou
How To Fill Out IRS Form 8996 (For OZ Funds), With Ashley Tison
Taxpayers can defer taxes by reinvesting capital gains from an asset sale into a QOF. To do so, IRS Form 8996 must be filed by all taxpayers holding an opportunity fund investment. Guidance on how to fill out this form will eliminate incons
Ohio Bill Would Boost OZ Tax Incentive
A bill passed by the Ohio Senate would increase the state's enhancement of Opportunity Zone tax incentives by doubling the amount of money available as tax credits in fiscal 2022 and 2023. In addition to the federal tax incentives associate
How To Fill Out IRS Form 8997 (For OZ Investors), With Ashley Tison
Under the opportunity zones (OZ) incentive, taxpayers can defer taxes by reinvesting capital gains from an asset sale into a qualified opportunity fund. To do so, IRS Form 8997 must be filed by all taxpayers holding a QOF investment. Guidan
OZ Funds Approach $25 Billion Milestone
According to Novogradac, Qualified Opportunity Funds had raised $24.4 billion in equity through the end of 2021, with $6.9 billion of that total coming in the second half of last year. Novogradac tracks a total of 1,342 QOFs; nearly 1,000 o
$3.6 Million Milwaukee OZ Project Underway
New Land Enterprises has raised $3.6 million in Opportunity Zone equity for the Nova apartment development in the East Town neighborhood of Milwaukee . The nine-story building will have more than 250 apartments and amenities that include a
OZ Strategies For UHNWs & Family Offices, With Bob Hutchins
How can the Ultra High Net Worths and family offices use opportunity zones as a strategy for social impact investing with great tax savings? And what rewards do opportunity zones have in store for family offices? Bob Hutchins is the Managin
A Multi-Strategy Opportunity Zone Approach, With Chad Debolt
A diversified investment portfolio has the ability to weather volatility and improve profitability. Coupled with alternative investment opportunities (namely real estate acquisition), diversified portfolios can maximize investor chances of
Profitable Veterans Housing In Opportunity Zone, With Kim Kuhle
Opportunity Zones provide many benefits, including federal capital gains tax advantages for investments made in these areas. Socially conscious investors are also turning their attention to opportunity zones, as QOFs offer local communities
Omni OZ Fund Targets Clean Fuel Technology
The Omni OZ Fund is seeking to raise up to $300 million to fund the development of a processing plant that will produce a clean fuel to be sold to refineries and distributors. GreenMix fuel can reduce up to 45% of carbon output and eliminat
2022 Outlook For Multifamily OZ Investing, With Scott Hawksworth
There are many Qualified Opportunity Funds that encompass multifamily real estate and are well worth any investor’s consideration. Investing in multifamily property offers a wide variety of advantages for investors, such as leverage, cash f
New OZ Fund Raising $25M For Real Estate, Startup Investments
The Auspicious Opportunities OZ Fund is raising OZ equity to invest in both commercial real estate and QOZB startup businesses. The fund is targeting three initial investments: Zen Building: A commercial real estate asset in Greenville, Sou
Cincinnati Brewery Expanding Production At Its OZ Facility
Bircus Brewing Company, a restaurant and craft brewery based in the Cincinnati area, is expanding production in its Ludlow, Kentucky facility. Bircus Brewing offers a unique entertainment experience, providing beer, music, circus acts, magi
Senate Finance Chair Queries Opportunity Zone Funds
Senator Ron Wyden (D-OR) has sent letters of inquiry to seven Qualified Opportunity Funds seeking information about projects in which the QOFs have invested and details on temporary and permanent jobs created. Recipients of letters from Sen
Creating Value With ADUs In Opportunity Zones, With Adam Stone
ADUs (accessory dwelling units) have become more prevalent in recent years. Also referred to as mother-in-law suites, multigenerational units, and in-law units, ADUs offer both environmental and financial benefits for investors and tenants
Griffin Capital Surpasses $1 Billion In Oz Equity
Griffin Capital announced that it has closed its second QOF after raising $585 million in equity. Griffin's first OZ fund closed in September 202 after raising $460 million. Griffin's second fund will be used to develop 12 multifamily commu
Riaz Capital Extends Ozone Fund III To $125 Million
Riaz Capital announced that it has reached the $100 million fundraising goal for its Ozone Fund III, which will invest in workforce housing projects in the Bay Area. In response to strong investor appetite, the firm is capping the raise at
Urban Catalyst Acquires Third Parcel For San Jose OZ Project
Urban Catalyst has acquired the third of four parcels for its Opportunity Zone project, closing on 77 N 4th Street in downtown San Jose . The parcel will be used in the development of Urban Catalyst's Icon and Echo projects; Icon will inclu
PTM Partners Closes $150 Million OZ Fund
Florida-based PTM Partners announced that it closed its second OZ fund on December 31, 2022 with $150 million of equity investment. PTM Partners previously raised approximately $100 million in its first OZ fund, which closed in 2019. Betwee
Opportunity Zone Impact Investing Survey, With Reid Thomas
Impact investing is an investment strategy that strives to generate social or environmental benefits in addition to financial gains. It also spans diverse range of assets, including bonds, public equity, and private equity, such as opportun
Successful Opportunity Zone Investing Strategies
Opportunity zone investments come with inherent potential risk, but they also offer several key advantages. Before diving in, it's important to understand investment strategies specific to OZ assets and projects. This episode is the au
OZ Growth Fund Launches With Focus On Innovative Start-Up Companies
OZ Growth Fund LLC is the latest Qualified Opportunity Fund to launch with a focus on incubating early stage operating businesses. The fund is seeking to raise $20 million in capital with a minimum investment of $150,000. The fund's initial