Analysis for the OZ industry — page 23
Third-Party Administration for Opportunity Zone Funds, with Reid Thomas
Should Qualified Opportunity Funds best practices include third-party administration? And what are some Opportunity Zone trends being noticed by the industry's largest service provider? Reid Thomas is executive vice president and general ma
The Biggest Problem with Opportunity Zones, with Justin Wolk
What is the biggest problem in the Opportunity Zone space today? And why is there pushback from potential investors with capital gains? Justin Wolk is a capital advisor for StackSource, a New York City-based real estate technology company t
QOF Formation Legal Considerations, with Jessica Millett
What are some of the most important legal considerations when forming an Opportunity Zone Fund? What are some of the pros and cons of corporation, partnership, REIT, and synthetic fund structures? Jessica Millett is partner, chair, and "Wiz
Operating Business Opportunity Zone Fund Strategies, with Ashley Tison
The second tranche of regulations that were published two months ago clarified many questions regarding opportunity zone businesses. What are some strategies for operating business investment that OZ funds should consider? M&A attorney
The OZ Fund Trade Group Aiming to Renew the Program, with Shay Hawkins
Why does a trade association for Qualified Opportunity Funds want more data collection and reporting? And could the Opportunity Zone program be renewed at some point in the future? Senator Tim Scott's former tax adviser, Shay Hawkins is fou
Activating OZ Communities with Business Container Parks, with Sasha Favelukis
How can incubating local businesses in shipping containers achieve Opportunity Zone community activation and gentrification without displacement? Sasha Favelukis is founder of CoPlace, a San Diego-based investment and advisory firm that per
Rise of the Rest and Opportunity Zone Office Real Estate, with Clint Myers
Will office real estate be the driver for much of the economic growth across the nation's Opportunity Zones? Clint Myers is partner at Revolution's Rise of the Rest, a seed fund that invests in startups located outside of locations that tra
The Opportunity Zone Fund that Raised $40 Million in 5 Months, with Chris Loeffler
Are Opportunity Zone Funds actually raising any money yet? Chris Loeffler is co-founder and CEO of Caliber, an Arizona-based alternatives investment management firm that was among the first to launch a Qualified Opportunity Fund last year,
The White House's Vision for Opportunity Zones, with Scott Turner
How can the resources of the Federal government be leveraged to help deliver generational impact to Opportunity Zone communities? Scott Turner is the newly appointed executive director of the White House Opportunity and Revitalization Counc
Puerto Rico passes Opportunity Zones regulatory bill
Puerto Rico Governor Ricardo Rosselló signed the Puerto Rico Opportunity Zones Development Act last week. The bill creates the regulatory framework for investing in Opportunity Zones on the island and establishes conformity with the federal
Opportunity Zones and Economic Dynamism, with John Lettieri
How was the Opportunity Zones initiative created in the first place? And why is this program so radically different from previous place-based policies? John Lettieri is co-founder and president of the Economic Innovation Group, a Washington
Opportunity Zones as Portfolio Diversifiers, with Tony Chereso
How can retail investors access alternative investments typically reserved for institutional investors? And where do Opportunity Zones fit into the universe of portfolio alternatives? Washington, DC-based Tony Chereso is president and CEO o
Developing in Chicago's Opportunity Zones, with Lennox Jackson
Chicago is home to 133 opportunity zones. But which neighborhoods on Chicago's West and South Sides have the greatest levels of redevelopment need? And what are some of the challenges of acquiring capital for building in low-income communit
Why Gentrification Is a Good Thing, with Lennox Jackson
Is gentrification a good thing? And why might affordable rate housing not be the best solution in certain low-income neighborhoods? Lennox Jackson is founder and CEO of Urban Equities, a Chicago-based real estate developer and advisor that
HUD announces new FHA incentives for multifamily OZ properties
Last Thursday, May 9 at the SALT Conference in Las Vegas, Department of Housing and Urban Development Secretary Ben Carson announced two new Federal Housing Administration incentives for multifamily properties located in Opportunity Zones.
New Senate bill would require Treasury to publish OZ data annually
Senators Tim Scott (R-SC) and Cory Booker (D-NJ) are co-sponsors of the new OZ reporting bill. Senate Bill 1344 would require the Treasury Department to collect data and issue a report on the effectiveness of the Opportunity Zones tax polic
Common Opportunity Zone Legal Questions, with Steve Schneider
What are some of the most common Opportunity Zones legal questions and issues when it comes to starting or investing in a Qualified Opportunity Fund? Washington, DC-based attorney and accountant Steve Schneider is the head of the passthroug
New regs post to Federal Register; commenting period is now open
The second tranche of IRS regulatory guidance on Qualified Opportunity Funds was released last month . This morning, it was posted to the Federal Register . Public comments on the proposed rules can be submitted at Regulations.gov . Comment
HUD's Role in Opportunity Zones, with Beth Van Duyne
What can the public sector do to magnify the impact of private investment in Opportunity Zones? And specifically, what policy levers is the Department of Housing and Urban Development able to pull? Beth Van Duyne is a former mayor of Irving
The best OZ regs recaps from around the Web
It's been one week since the IRS released the second tranche of regulatory guidance on Qualified Opportunity Funds . This guidance is a huge step in the right direction in terms of clarifying the biggest questions that OZ participants had f
Opportunity Zone Investing in Puerto Rico, with Maria Rivera
Nearly the entire island of Puerto Rico lies in an opportunity zone. But what are some additional taxpayer benefits to investing in Puerto Rico, now a year and a half removed from the destruction of Hurricane Maria? María de los Angeles Riv
Takeaways from the Proposed Opportunity Zone Regulations, with Tony Nitti
The long-awaited second tranche of IRS regulatory guidance on Qualified Opportunity Funds has finally arrived. What are the biggest takeaways? Tony Nitti is an Aspen-based real estate tax law expert, CPA, and tax services partner at RubinBr
IRS releases second tranche of opportunity zones guidance
The long-awaited second tranche of regulations on Investing in Qualified Opportunity Funds has been approved by OIRA and is now available for public comment. Click here to read the new regulations. The 169-page regulatory document is more t
How to Assess Opportunity Zone Funds, with Chris Paganelli
What are some due diligence best practices that every investor should undertake before investing in a Qualified Opportunity Fund? Chris Paganelli is a San Francisco Bay Area-based financial advisor at wealth management firm Stifel. He advis