OZ Pitch Day - June 19
OZ Pitch Day - June 19
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 two-bedroom units ranging…
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…
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 button above to…
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, Arizona, Colorado,…
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…
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 named after Indianapolis native Wes Montgomery,…
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 play button above to listen to…
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 proposal would reopen the enrollment period…
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 Opus Group. The pair will help provide much needed…
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 area of Richmond.…