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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...

Greenbacker Opportunity Zone Fund Completes First Solar Project

Greenbacker Renewable Opportunity Zone Fund LLC, a private placement offering that invests in renewable energy infrastructure assets located in designated opportunity zones, announced that...

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...

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...

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...

Inland Private Closes Out First Opportunity Zone Offering

Inland Private Capital Corporation, an alternative investment management firm, has fully funded its first qualified opportunity zone fund, Saint Paul Opportunity Zone LLC, and...

Cresset/Diversified Opportunity Zone Fund Announces New Real Estate Projects

Cresset-Diversified QOZ Fund, an opportunity zone fund sponsored by Cresset Partners and Diversified Real Estate Capital, has three new real estate projects planned in...

Virtua Capital Management Names Senior Vice President of Business Development

Virtua Capital Management, the capital formation arm of private equity real estate investment manager Virtua Partners, has hired Michael Roman to serve as senior...