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Ohio Offers Tax Incentive to Lure Opportunity Zones Investments

Ohio Governor Mike DeWine has added a state tax incentive to the 2020-2021 proposed budget to attract investments to Ohio’s opportunity zones. The announcement...

PTM Partners JV to Develop $190 Million Property in Washington D.C....

A joint venture between Douglas Development Corporation and PTM Partners, a recently launched real estate development firm focused exclusively on qualified opportunity zone investments,...

Saratoga Group to Launch Opportunity Zone Fund

Saratoga Group, a sponsor of Reg D funds that invest in mobile home communities, plans to launch a yield-oriented opportunity zone fund this month. Saratoga...

Hines Partners with Cresset-Diversified OZ Fund to Develop Houston Residential Property

The Cresset-Diversified QOZ Fund, an opportunity zone fund launched by Cresset Partners and Diversified Real Estate Capital, has formed a joint venture with Hines...

Peachtree Hotel Group Invests $495 Million in Acquisitions and Developments in...

Peachtree Hotel Group, a sponsor of private placement offerings, has acquired 14 hotel properties and conducted 10 ground-up development projects totaling $495 million during...

PTM Partners and EIG to Develop $100 Million Multifamily Property in...

A joint venture between PTM Partners, a recently launched real estate development firm focused on qualified opportunity zone investments, and South Florida developer Estate...

Starwood Hires Former MetLife Exec to Lead New Opportunity Zone Investment...

Starwood Capital Group, a private investment firm and sponsor of non-traded direct investment programs, has hired Anthony Balestrieri as a senior vice president to...

IRS Reschedules Public Hearing on Opportunity Zones

The Internal Revenue Service has rescheduled its public hearing on investing in qualified opportunity zone funds after the previous meeting to be held on...

Scaramucci’s SkyBridge Capital Names New Sub-Advisor for $3 Billion Opportunity Zone...

SkyBridge Capital, an alternative investment firm co-founded by Anthony Scaramucci, has reportedly chosen Westport Capital Partners as the new sub-advisor to its $3 billion...

SkyBridge and EJF Capital Part Ways on Opportunity Zone REIT

SkyBridge Capital, an alternative investment firm co-founded by Anthony Scaramucci, has reportedly split with EJF Capital, the subadvisor to its $3 billion opportunity zone...