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Sortis Holdings Launches $100 Million Opportunity Zone Fund

Sortis Holdings Inc., a Portland, Oregon-based private investment firm, has launched the Sortis Opportunity Zone Fund, a $100 million Reg D fund created to...

IRS Cancels Today’s Opportunity Zone Meeting Due to Government Shutdown

The Internal Revenue Service has canceled today’s public hearing the opportunity zones, as most of the agency’s employees remain furloughed due to the ongoing...

Trump Launches Opportunity Zone Investment Council

President Donald Trump has signed an executive order establishing a White House council that will determine how to use taxpayer dollars to revitalize low-income...

SkyBridge and EJF Capital Launch Opportunity Zone REIT

SkyBridge Capital, an alternative investment firm co-founded by Anthony Scaramucci, and EJF Capital, a hedge fund and private equity fund manager, have launched SkyBridge-EJF...

McNally Capital Appoints Strategic Advisor for Opportunity Zone Investments

McNally Capital, a private investment firm, has added Joseph Cahoon as strategic advisor, as the firm works to source opportunity zone investment opportunities for...

Origin’s Opportunity Zone Fund Receives $105 Million In Commitments in 17...

Origin Investments, a Chicago-based private equity firm, has received $105 million in commitments from 425 investors for its new qualified opportunity zone fund within...

Scaramucci’s Skybridge Capital to Launch $3 Billion Opportunity Zone REIT

SkyBridge Capital, an alternative investment firm co-founded by Anthony Scaramucci, is reportedly launching a real estate investment trust to invest up to $3 billion...

Toro Real Estate Partners Makes First Opportunity Zone Acquisition

Toro Real Estate Partners, a private real estate investment firm, has purchased a vacant 121-unit multifamily property located in a qualified opportunity zone in...

Former J.P. Morgan Exec to Lead Community Development Efforts for Cresset-Diversified...

The Cresset-Diversified QOZ Fund, an opportunity zone fund recently launched by Cresset Partners and Diversified Real Estate Capital, announced that Matt Reilein has joined...

Puerto Rico Governor Introduces Opportunity Zone Legislation

Puerto Rico Governor Ricardo Rosselló Nevares has sent a bill to the Legislative Assembly to create incentives that promote opportunity zone investments in Puerto...