Tag: tax code
Cresset/Diversified Launch Second Opportunity Zone Fund Following First Fund’s Close
Cresset and Diversified Real Estate Capital have closed their first qualified opportunity zone fund, the Cresset-Diversified QOZ Fund, after raising the $465 million in...
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...
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...
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...
Hines and Cresset-Diversified QOZ Fund to Build Denver Multifamily Development
Cresset-Diversified QOZ Fund, an opportunity zone fund launched by Cresset Partners and Diversified Real Estate Capital, and international real estate giant Hines, announced plans...
Former NJ Governor to Launch OZ Fund
Former New Jersey Governor Chris Christie and his wife Mary Pat plan to launch an opportunity zone fund in partnership with The Hampshire Companies,...
Treasury Department Releases New Guidance on Opportunity Zones Program
The U.S. Department of the Treasury has issued its much anticipated second set of proposed regulations related to the new opportunity zones tax incentive....
M31 Capital Launches Opportunity Zone Fund to Invest in the San...
M31 Capital, a real estate investment firm, announced that its affiliate Morpheus General Partner LLC has launched its first opportunity zone fund, the Morpheus...
Hines and Cresset-Diversified QOZ Fund Break Ground on Houston Opportunity Zone...
A joint venture between Cresset-Diversified QOZ Fund, an opportunity zone fund launched by Cresset Partners and Diversified Real Estate Capital, and international real estate...
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...
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...
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...
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...
NYC Planning Commissioner’s Viceroy Equities Launches Opportunity Zone Fund
Viceroy Equities LLC, a New York-based investment and hedge fund management firm, has launched the $75 million B'KOZ Opportunity Zone Fund. The opportunity zone...
Caliber Announces First Opportunity Zone Project
Caliber, a full-service real estate investment company based in Scottsdale, plans to develop a top-tier branded hotel that will connect to the Tucson Convention...
Morris, Manning & Martin Launches Opportunity Zone Group, Analyzes IRS Guidance
Morris, Manning & Martin LLP, a leading securities law firm based in Atlanta, has launched a new opportunity zone practice group to help clients...
