Analysis for the OZ industry — page 14
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
Round Trip OZ Investments, With Jeff Feinstein
What happens to opportunity zone capital if the qualified opportunity zones fund sells? And how does reinvestment of those proceeds from that sale occur before the end of a 10-year holding period? These questions and more present unique opp
How to Evaluate Opportunity Zone Deals, An OZ Pitch Day Panel
What are the investment due diligence considerations when evaluating opportunity zone business and real estate deals? This episode is the audio version of an OZ Pitch Day panel titled, “How to Evaluate Opportunity Zone Deals.” The panel was
OZ Trade Group Leader Announces Congressional Bid
Shay Hawkins, the leader of the Opportunity Funds Association , is runnin g for Congress. Hawkins announced that he will seek the Republican nomination in Ohio's reconfigured 13th district. Hawkins, who grew up near Cleveland, previously se
Bitcoin, Opportunity Zones, and Jobs, With Tom Frazier
Why are cryptocurrency investors turning to opportunity zones for tax relief and social and economic good? Opportunity zones offer investors unprecedented tax incentives ; combined with Bitcoin, investors can expect significant returns with
Farmland Opportunity Zone Investing, With Paul Pittman & John Heneghan
When combined with the opportunity zone incentive, farmland can be a compelling asset class for investors. Farmland offers unique features compared to traditional real estate and often outperforms other investments during recessionary times
Seattle’s First OZ Project Canton Lofts Sells For $32 Million
Pinnacle Partners, a pioneer in sponsoring Opportunity Zones, has announced the sale of Canton Lofts to King County for $32 million . Canton Lofts is located in the Pioneer Square district of Seattle ; the project totals 35,000 square feet
ICOZ Fund Adds Assisted Living Facility To Portfolio
USG/OZI announced additional details on its Opportunity Zone project in Bristol, Connecticut . The KindCare at Bristol, a 117-unit assisted living and memory care clinic, will be overseen by Senior Living Development and scheduled for compl
Automotive OZ Company Gears Up For IPO
Vanderhall Motor Works, a portfolio company of Hall Venture Partners, has taken the next step towards an IPO with the filing of its Form S-1 with the Securities and Exchange Commission. Vanderhall develops three-wheel and four-wheel light m
OZ Multifamily In The Southeast, With James Brunger & Whit Huffman
Opportunity zones can benefit multifamily investors in a range of ways. Multifamily investments offer several tax benefits, income appreciation, and are a hedge against inflation. Coupled with OZ funds, multifamily housing offers several mo
The Future of Opportunity Zones, With Shay Hawkins
What does the future hold for the tax-incentivized Opportunity Zone investments? Will there be a reasonable expansion of the OZ policy in the coming years? While future legislation for OZs remains open to debate, this bipartisan invest
OZs: The Quintessential Hedge, With Ashley Tison
When it comes to managing capital gains tax, are Opportunity Zones the solution? Are these funds, in fact, the quintessential hedge in an uncertain and rapidly-changing economy? As awareness increases, investors and advisors look to QO