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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...

Bernstein Joint Venture to Launch its First Opportunity Zone Fund

A joint venture between The Bernstein Companies, a real estate investment management firm, and OPZ Capital, an opportunity zone fund manager, has announced that...

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...