Tag: O-Zone
Parsonex Capital Partners Breaks Ground on Second Qualified Opportunity Zone Project
Parsonex Capital Partners, a sponsor of private placement funds, has broken ground on its second qualified opportunity zone project, Brookwillow Estates, a multifamily development...
PTM Partners Joint Venture Buys Multifamily Development Site in Virginia Opportunity...
A joint venture between PTM Partners, a real estate investment and development firm focused on qualified opportunity zones, and multifamily developer The IDI Group...
PTM Partners Names VP of Acquisitions and Capital Markets
PTM Partners, a real estate investment and development firm focused on qualified opportunity zones, has hire of Thomas Strand as vice president of acquisitions...
PTM Partners Launches Second Qualified Opportunity Zone Fund
PTM Partners, a real estate investment and development firm focused on qualified opportunity zones, has launched its second qualified opportunity zone fund, PTM Partners...
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...
Opp Zone Capital Launches Qualified Opportunity Fund
Opp Zone Capital LLC, a private equity firm and newly formed qualified opportunity fund manager, has launched OZC – Southern US RE QOF, a...
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...
Forbes And Sorenson Launch New List for Top Opportunity Zone Funds...
Global media giant Forbes has partnered with the Sorenson Impact Center to launch The Forbes OZ 20: Top Opportunity Zone Catalysts, a new list...
Bridge Investment Group Invests $509 Million in Opportunity Zones
Bridge Investment Group, a privately-held real estate investment management firm with $15+ billion in assets under management, has deployed $509 million in its opportunity...
Lightstone Launches Tech-Related Real Estate Investment Platform
Lightstone, a real estate investor, developer and sponsor of alternative direct investments, has launched a new platform to purchase telecommunications and technology real estate...