News

Legislation Introduced to Tighten Up Opportunity Zones

A new proposed legislation is being introduced to tighten up #Opportunityzones and remove loop holes from the initiative. Now, The Opportunity Zone Reform Act (H.R. 5042) is in being considered after the backlash the #OZ initiative had received regarding OZs and how they were benefiting the rich and not the…
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Silicon Valley Company Moves to Baltimore to Invest in Surgical Robot

Operating businesses can benefit impressively from the opportunity zone initiative. For example, a company that was formed to develop and market robots for surgical purposes has received an impressive amount of funding. That company, Galen Robotics, moved from Silicon Valley to Baltimore, and represents the potential for a safer version…
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The Pathway for American Businesses to Access Opportunity Zones Equity Capital

Co-authors, Brian Phillips and Paul Saint-Pierre (OZ Alliance Member), discuss how the Opportunity Zone program works. Opportunity zones were created from the 2017 Tax Cuts and Jobs Act, and are now designated throughout the Nation. Phillips and Saint-Pierre cover what you need to know regarding QOF Formations, investor identities, tax…
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Opportunity Fund Launches in Central Florida for Real Estate and Tech Startups

Congratulations to Orlando Opportunity Fund for launching their qualified opportunity fund yesterday, Monday, November 18, 2019. Orlando Opportunity Fund is a multi-purpose fund focused in commercial real estate and startup businesses in Central Florida. The fund is being lead by a team of experience real estate and tech startup investment professionals.…
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Seven Must-Knows Before Investing In Opportunity Zones

Opportunity Zone Alliance member, David Brim, was featured in Forbes Finance council for his article “Seven Must-Knows Before Investing In Opportunity Zones.” David offers information regarding the tax benefits associated with the opportunity zone program, tax compliance standards, and advice on investing into an opportunity fund. David is the co-founder…
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Seattle breaks ground on its first Opportunity Zone investment 

The Opportunity Zones program was marketed as a way to help poor communities by offering major capital-gains tax breaks for investors to park their cash in 8,000 designated low-income census tracts.Source: www.washingtontimes.comSeattle’s first opportunity zone development broke ground last week. Opportunity Zones in Seattle are offering a variety of growth…
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Scott Turner Provides his insight on Opportunity Zones

Scott Turner provides his clarifications on Opportunity Zones. Scott Turner is the Executive Director of the White House Opportunity and Revitalization Council. This group of cabinet members and White House officials are working to augment the impact of investments in Opportunity Zones.
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Opportunity Zones — the Legislation that makes the Un-investible, Investible Again

There has been a lot of talk around Opportunity Zones—some of it insinuating that this legislation is just another ‘Republican Tax Scheme,’ to help the rich stay rich, but not offering anything of true benefits to the poor. However, this isn’t actually the case. Opportunity Zones across the Nation are…
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Opportunity Zones in the Show Biz, Areu Bros. Studios’

An Atlanta-based film studio joins the excitement of Opportunity Zones. Their platform is targeting entertainment, technology and real estate industries all around Atlanta. The platform, Areu Bros. Studios’ anticipates growing their Qualified Opportunity Fund (QOF) to areas outside of Atlanta such as Miami, Puerto Rico and Los Angeles. The QOF…
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Life Science Corridor and Opportunity Zones expand Downtown Office Space

Salt Lake City’s Department of Economic Development recently completed a prospectus for a Life Sciences Corridor that may boost demand for office space Downtown. Downtown offerings have always enjoyed an urban advantage, providing amenities, culture, [...]Source: www.buildingsaltlake.comThe prospect for a Life Sciences Corridor may boost demand for downtown office space…
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