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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...

Former Microsoft Execs Launch Opportunity Zone Fund

The SmartCap Group, a real estate investment firm founded by former Microsoft executives Tim Shoultz and Joe Ollis, has launched the SmartCap Opportunity Zone...

Monarch Private Capital Launches Three Opportunity Funds

Monarch Private Capital, a tax equity investment firm, has launched three opportunity zone funds that target market rate investments. Opportunity zone funds are a new...

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...

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...

Alpha Capital Launches $250 Million Qualified Opportunity Zone Fund

Alpha Capital Partners, a Pittsburgh-based real estate investment firm, has launched the Alpha Opportunity Zone Fund I that will focus on student and multifamily...

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...