Analysis for the OZ industry — page 17
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
Capital Square Hits Milestone for Richmond, Virginia OZ Development
Capital Square, one of the leaders in tax-advantaged real estate funds, has reached a milestone for its major OZ development in Richmond, Virginia . The company is in the process of developing "Scott's Collection" in the Scott's Addison are
Griffin Capital Completes 11th OZ Land Acquisition
Griffin Capital recently completed its 11th acquisition of land located in an opportunity zone, with plans to develop a 335-unit apartment community. The recently acquired land is located in the Main Street Corridor in Mesa, Arizona , just
Financing Secured for OZ Development Near Port of Savannah
EJF Capital and North Signal Capital announced more than $30 million in financing for the construction of two buildings at the RiverPort Commerce Park in Hardeeville, South Carolina . The buildings, which comprise more than 800,000 square f
Opportunity Zone Marketplace Roundtable, an ADISA Conference Panel
Are Opportunity Zones being underutilized? And what's in store for the Opportunity Zone marketplace as we come out of the pandemic and head into the second half of 2021? This episode is the audio recording of a live panel from the ADISA 202
Kingsbarn Capital and Development Acquires Multifamily Development Site in Carson City, Nevada Opportunity Zone
Earlier this week, Kingsbarn Capital and Development announced the acquisition of 6.12 acres within a Carson City, Nevada Opportunity Zone. The multifamily development of 140 garden-style apartments is anticipated to start leasing one year
GRASS OZ Fund Now Available with $1,000 Minimum Investment
A unique new fund is making some waves. GRASS (The Growth Resources, Assets, Safety & Sustainability Opportunity Zone Fund) is making history as the first ever RegA+ OZ fund. The RegA+ status enables the fund to accept investments of as
Using OZs for a More Resilient Puerto Rico, with Jose Torres
Puerto Rico is in dire need of redevelopment. How can Opportunity Zones and other tax incentives help to create a more resilient Puerto Rico? Jose Torres is managing partner and founder of Monllor Capital Partners and the Puerto Rico Opport
Aurora, Colorado’s First Opportunity Zone Residential Community Opened
Last week, the City of Coachella, California launched Opportunity Coachella , a competition for businesses looking to relocate, launch, or expand into an Opportunity Zone. The competition is now accepting applications and will award more th
Opportunity Zone Investing on the Las Vegas Strip, with Bill Shopoff
Why might an investor consider an Opportunity Zone hotel investment on the Las Vegas Strip? Bill Shopoff is president and CEO of Shopoff Realty Investments, a national, multi-disciplinary real estate investment firm founded in 1992. Click t
RevOZ Capital Opens Behavioral Health Facility in San Bernardino OZ
RevOZ Capital opened an 11,000-square-foot behavioral health facility in a San Bernardino, California Opportunity Zone. On hand at the ribbon cutting ceremony was Senator Tim Scott (R-SC). The facility will provide effective health care to
The Prototypical Opportunity Zone Investor, with Erik Hayden
Who is the prototypical direct retail Opportunity Zone investor? Erik Hayden is founder and CEO of Urban Catalyst, the largest developer of Opportunity Zone real estate in Silicon Valley. Click the play button above to listen to my conversa
Capital Square Breaks Ground on Richmond, Virginia Opportunity Zone Multifamily Development
Last week, President Biden released his $6 trillion budget proposal, which included a capital gain tax increase from 23.8% to 43.4% for households with a combined income of $1 million or more. The proposed increase would take effect April 2
Applying Opportunity Zones to Oil and Gas Investments, with Matt Iak
How can the Opportunity Zone incentive be applied to energy investments in the oil and gas sector? Matthew Iak is executive vice president of U.S. Energy Development Corporation and has overseen the capital raise of $1.5 billion since 2005.