The Virtua Opportunity Zone Fund I was the very first Opportunity Zone fund established. It invests in rental housing (apartments and single family rentals), hospitality, office/industrial, and preferred equity opportunities in the Southeast, Texas, and Southwest regions. Development and heavy re-positioning are the primary strategies of the Fund -- the "Substantially Improved" requirement under the Tax Reform Act mandates substantial capital improvements.
Virtua Partners principal Quinn Palomino joined our Opportunity Zones Podcast in July 2019. Click here to listen.