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Federal Opportunity Zone Program Under Investigation by Treasury’s Internal Watchdog

Acting Treasury Inspector General Richard Delmar told NBC News on Thursday that the Treasury Department’s internal watchdog plans to investigate the federal opportunity zone...

Caliber Opportunity Zone Fund Buys Arizona Office Property

Caliber, a full-service real estate investment company based in Scottsdale, has closed on a 50,000 square-foot building in a Mesa, Arizona opportunity zone. Located at...

Treasury Releases Final Rules on Opportunity Zones

The U.S. Treasury Department and the Internal Revenue Service have issued final regulations implementing the opportunity zone tax incentive. Opportunity zones, created by the Tax...

Republican Senators Introduce Bill to Expand Opportunity Zone Reporting Requirements

A group of Republican Senators have introduced the IMPACT Act, a bill to reinstate and expand reporting requirements to determine the impact of opportunity...

Belpointe’s Opportunity Zone REIT Begins Trading on the OTCQX

Belpointe REIT Inc., a Regulation A real estate investment trust that plans to invest in assets located in qualified opportunity zones, has started trading...

Congresswoman Introduces Bill to Repeal Opportunity Zones

On Friday, Representative Rashida Tlaib (D-MI) introduced legislation to repeal opportunity zones from the United States tax code. Conceived as part of the Tax Cuts...

Democratic Lawmakers Request Opportunity Zone Investigation

U.S. Senators Cory Booker (D-NJ) and Ron Wyden (D-OR), along with Representatives John Lewis (D-GA) and Richard Neal (D-MA), called on the Government Accountability...

Aegon Real Assets Launches Opportunity Zone Platform

Aegon Real Assets US, an affiliate of Aegon Asset Management – a global investment manager with $386 billion in assets under management/advisement, has closed...

Virtua Buys 1031 Exchange Investment Property Near Atlanta

Virtua Capital Management, the capital formation arm of private equity real estate investment manager Virtua Partners, has purchased a 1031 exchange-eligible multi-tenant office building...

Alpha Capital Buys Multifamily Property in Ohio Opportunity Zone

Alpha Capital Partners, a Pittsburgh-based real estate investment firm, has purchased Hamilton Creek Apartments, a 45-acre multifamily property located in a Columbus, Ohio opportunity...