Tag: Tax Cuts and Jobs Act
EJF Capital JV to Develop Multifamily Property in Downtown Nashville Opportunity...
EJF Capital LLC, an alternative asset management firm, has formed a joint venture with Chartwell Residential to invest $80 million in a two-phase, 750-unit...
EJF Capital to Launch Second Opportunity Zone Investment Fund
EJF Capital LLC, an alternative asset management firm, has announced that it will launch a second opportunity zone fund, EJF OpZone Fund II LP,...
EJF Capital Closes Inaugural Opportunity Zone Fund
EJF Capital LLC, an alternative asset management firm, has closed its inaugural opportunity zone investment fund, EJF OpZone Fund I LP, after raising approximately...
EJF Capital JV to Buy Two Opportunity Zone Properties in Washington...
EJF Capital LLC, an alternative asset management firm, and Holland Partner Group, a real estate investment company, have formed a joint venture to buy...
EJF Capital Joint Venture to Develop Mixed-Use Project in Washington Opportunity...
EJF Capital LLC, an alternative asset management firm, and Holland Partner Group, a real estate investment company, announced plans to develop a mixed-use project...
EJF Capital JV Buys Multifamily Development in Jacksonville Opportunity Zone
EJF OpZone Fund I LP, a qualified opportunity zone fund sponsored by alternative investment manager EJF Capital LLC, and Chance Partners LLC have purchased...
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...
Catalyst Invests in OZ Project Sponsor to Rehab South Los Angeles...
Catalyst Opportunity Funds​, a private equity firm focused on opportunity zone investments, has invested an undisclosed sum in SoLa Impact, an opportunity zone project...
Catalyst Opportunity Funds Makes Initial Opportunity Zone Investments
Catalyst Opportunity Funds​, a private equity firm focused on opportunity zone investment, has completed investments for its first three projects, located in Salt Lake...
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...
Alpha Capital Buys Multifamily Property in Ohio Opportunity Zone
Alpha Capital Partners, a Pittsburgh-based real estate investment firm, has purchased Hamilton Creek Apartments, a 45-acre multifamily property located in a Columbus, Ohio opportunity...
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...
EJF Capital Joint Venture to Develop Multifamily Property in Jacksonville Opportunity...
EJF Capital LLC, an alternative asset management firm, and Chance Partners plan to develop a two-building, 486-unit multifamily housing community in the historic San...
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...
Highmore Launches $200 Million Real Estate Opportunity Zone Fund
Highmore, a global alternative asset manager, has launched a real estate opportunity zone fund in the first quarter of 2019 with a targeted raise...
EJF Capital JV to Develop Mixed-Use Project in Washington D.C. Opportunity...
EJF Capital LLC, Donatelli Development, and Blue Skye Development plan to develop a 262-unit mixed-use, mixed-income, multifamily community in the Hill East neighborhood of...
Rockefeller Foundation Launches Opportunity Zone Building Initiative
The Rockefeller Foundation, a private philanthropy foundation established by the Rockefeller family, has launched an initiative to help U.S. cities attract responsible private investment...
Catalyst Launches First Real Estate Opportunity Zone Fund
Catalyst, a private equity firm, has launched its first real estate opportunity zone fund and plans to raise $150 million to invest in small...