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Parsonex Properties Buys First Qualified Opportunity Zone Project in Colorado

Parsonex Properties LLC has closed on its first qualified opportunity zone project in Grand Junction, Colorado. The company concentrates on investing in “shovel ready”...

PTM Partners Closes First Qualified Opportunity Zone Fund

PTM Partners, a real estate investment and development firm focused on qualified opportunity zones, has closed its first qualified opportunity zone fund, PTM Partners...

Senator Tim Scott Plans Legislation to Amend Opportunity Zone Designations

Senator Tim Scott (R-S.C.) is considering a bill that would let state and local governments amend the census tracts that were designated as opportunity...

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...

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...

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...

Sponsored: U.S. Energy Launches Oil & Gas Opportunity Zone Fund and...

U.S. Energy Development Corporation, a sponsor of direct-ownership oil and gas investments, has launched its 2019 A and B Drilling Fund LP.  This year’s...

Caliber to Develop Behavioral Health Hospital in Downtown Phoenix Opportunity Zone

Caliber, a full-service real estate investment company based in Scottsdale, plans to develop a 62,600-square-foot behavioral health hospital located in a downtown Phoenix opportunity...