Analysis for the OZ industry — page 16
The OZ Fund With A $1,000 Minimum, with Don Harmer
How can non-accredited investors with smaller capital gains participate in Opportunity Zone investing? Don Harmer is the president and CEO of the GRASS QOZF. GRASS is focused on Lyon County, Nevada and owns multiple QOZBs in the aviation an
GTIS Opportunity Zone Fund Invests In Seattle Logistics Facility
GTIS Partners announced the seventh investment of its Qualified Opportunity Zone Fund , forming a joint venture with Ryan Company to build a multi-story last-mile logistics facility in Seattle . The four-story building will be located at 65
Real Estate Technology And Opportunity Zones, with Steve Nson
How does real estate innovation intersect with Opportunity Zones? How can Opportunity Zones catalyze business development and business investment in low income communities? Steve Nson is founder of AnySizeDeals, a conference organizer with
Promised Land OZ Fund Secures $50M Financing For Agricultural Investments
Promised Land Opportunity Zone Farms announced this week a $50 million debt financing facility with Conterra Agricultural Capital. Promised Land was created to acquire farmland located in QOZs throughout the country. The fund currently owns
Profitable Exits of OZ Business Deals, with Hall Labs
How can opportunity zone investments in operating businesses lead to profitable exits? Dave Kunz is managing partner and general manager of Hall Venture Partners. Will Walker is a private equity veteran and advisor to Hall Labs and HVP. Cli
California Representative Proposes Extension Of Opportunity Zone Program
Michelle Steel, a Republican representing California's 48th congressional district, has introduced legislation that would extend the Opportunity Zone program beyond December 31, 2026. H.R. 4608, known as the Growth and Opportunity Act, also
Tax Policy Changes & Opportunity Zones, an OZ Pitch Day Panel
What changes to tax policy are likely coming under the Biden administration? If enacted, how will these changes impact the appeal of Opportunity Zone funds and the returns available to investors? Several Opportunity Zone experts provided th
Investors Choice OZ Fund Adds Milwaukee Apartment Complex
USG/OZI has announced the addition of a six-story Class A multifamily development in Milwaukee, Wisconsin to its portfolio. The Elevation 1659 project, which will have 76 units, is scheduled to be completed in July 2023. Average rent is exp
Darwin Mine Voted America's Top OZ Project at OZ Expo
A unique opportunity zone project focused on restarting the historic Darwin Mine in eastern California was awarded the top prize at the Denver OZ Expo earlier this month. The single asset OZ fund is looking to raise $66 million in equity fo
OZ Exit Plans and Structural Risks, with Peter Ciganik
What are the advantages of a Qualified Opportunity Fund that is structured as a REIT instead of a partnership? How does the level of diversification in a fund impact its risk/return profile? Peter Ciganik is Managing Director at GTIS Partne
OZ Investing in the New Economy, with Greg Genovese
Do record stock market levels, the high inflation environment, and the new economy pose an opportunity for Opportunity Zone investors? Are there silver linings in rising prices? Greg Genovese is CEO of USG Realty Capital and Investors Choic
Canyon Partners Plans Student Housing Project in Reno Opportunity Zone
Canyon Partners Real Estate, through a joint venture with GMH Communities and CRG, has invested $36 million in a student housing development located in a Reno opportunity zone. The building will include 755 beds, and is expected to be ready
Grand Rapids OZ Lures Cybersecurity Company
Cleveland-based MCPc announced this week that it will make a $12.5 million investment in the Madison Square neighborhood of Grand Rapids. The building, located in one of Grand Rapids' eight opportunity zones , will be finished next year and
Opportunity Zones and the Return to Cities, with Riaz Taplin
Are there misperceptions in the market? Do investors overreact to sentiment? And is there an opportunity for level-headed contrarian view Opportunity Zone investors? Riaz Taplin is principal and founder of Riaz Capital, an Oakland, Californ
Kennedy Wilson Plans 268-Unit Multifamily Housing Development in Bozeman, Montana Opportunity Zone
The OZ Expo is July 15-16 in Denver, CO. The conference will feature a pitch session featuring eight developers showcasing their projects to a panel of judges for a chance to win the Top Project or Most Impactful Project
South Florida Opportunity Zone Project Scores $38 Million Loan
Bank OZK will provide a $38 million construction loan for the Wynwood Haus, a 224-unit building located in Miami, Florida . The 20-story building, which will feature ground floor commercial space, will be home to studio, one-bedroom, and tw
Urban Catalyst Acquires OZ Parcels for Senior Living Facility
Urban Catalyst has completed the acquisition of land to be used for the development of its Delmas Senior Living project in downtown San Jose, CA. The facility, which is expected to break ground in the third quarter of 2021, will be a six-st
Early Stage Venture Investing in Opportunity Zones, with Leonard Mills
How much success have some Opportunity Zone investors had in deploying capital into early stage venture companies? Leonard Mills is CEO of Verte OZ, an Opportunity Zone fund that invests in high-growth disruptive businesses. Click the play
Agora Realty Launches Fund Targeting QOZ Properties
Agora Realty, a real estate developer based in southern California, has formed a joint venture with a family office to invest in properties located in opportunity zones. The $50 million fund will focus on properties in Nevada , Hawaii , Ari
GRASS OZ Fund Acquires Nevada Airport
The GRASS QOF announced that it has acquired the Tiger Field airport in Lyon County , Nevada . Tiger Field was a public use airport owned by the U.S. Bureau of Land Management located south of the city of Fernley. GRASS plans to develop the
Woodforest CEI-Boulos Opportunity Fund Invests in Indianapolis Workforce Apartments
The Woodforest CEI-Boulos Opportunity Fund, a unique collaboration between Woodforest National Bank and CEI-Boulos Capital Management, announced a $3 million equity investment in The Wesmont on the east side of Indianapolis. The Wesmont is
The Upcoming Inflection Point for Opportunity Zones, with Nick Parrish
With impending tax policy changes and upcoming investing deadlines, is the Opportunity Zones marketplace nearing a critical inflection point? Nick Parrish is managing director and head of business development at Cresset Partners. Click the
Congressman Hagedorn Proposes Opportunity Zones Expansion
U.S. representative Jim Hagedorn of Minnesota's first district is proposing an expansion of opportunity zones. The proposal would increase the percentage of low-income opportunity zones in each state from 25% to 30%. Rep. Hagedorn's proposa
Multifamily Development Set to Break Ground in Tacoma, Washington Opportunity Zone
Last week, Griffin Capital Company LLC announced the closing of their 11th land acquisition within a Qualified Opportunity Zone. Located in Mesa, Arizona, the 336 garden-style apartment project will be developed in a partnership with the Op