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Cresset Diversified/Hines JV Breaks Ground on Denver Multifamily OZ Property

Cresset-Diversified QOZ Fund, an opportunity zone fund launched by Cresset Partners and Diversified Real Estate Capital, along with international real estate giant Hines, have...

Bridge Raises $1.3 Billion for Opportunity Zone Strategy

Bridge Investment Group, a private real estate investment management firm with $20 billion in assets under management, has raised $1.3 billion in its opportunity...

House Republicans Introduce Bill to Extend Opportunity Zone Program

Representative Denver Riggleman (R-VA) and five cosponsors have introduced a bill dubbed The Opportunity Zone Extension Act (H.R. 6513) that would extend the opportunity...

Capital Square Fully Subscribes Project-Specific Opportunity Zone Fund

Capital Square Realty Advisors LLC, a sponsor of tax-advantaged real estate investments, has fully subscribed its project-specific opportunity zone fund, CSRA Opportunity Zone Fund...

Cresset/Diversified Launch Second Opportunity Zone Fund Following First Fund’s Close

Cresset and Diversified Real Estate Capital have closed their first qualified opportunity zone fund, the Cresset-Diversified QOZ Fund, after raising the $465 million in...

Capital Square Launches Project-Specific Opportunity Zone Fund

Capital Square Realty Advisors, LLC, a sponsor of tax-advantaged real estate investments, has launched CSRA/GS Opportunity Zone V LLC, a project-specific opportunity zone fund. The...

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...

Hatteras Sky Launches Opportunity Zone Fund to Develop SLC Mixed-Use Property

Hatteras Sky, a real estate development firm, has launched an opportunity zone fund targeting a hotel development in downtown Salt Lake City, Utah. Hatteras...

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...