Sortis Holdings administers Sortis Opportunity Zone Fund I, a new Tax Reduction Fund for investors to take advantage of one of the best capital gains tax reduction programs of a generation. Created through the Tax Cuts and Jobs Act passed in December 2017, Opportunity Zones offer investors the ability to invest realized capital gains into … Read more
The SmartCap Opportunity Zone Fund’s first project will be a 12.5-acre industrial development north of Seattle in Arlington, Wash. The company is raising $10 to $10.5 million for the project, most of which has already been committed, according to Tim Shoultz, who is leading the fund with his partner Joe Ollis.
Sound West OZ Fund I is a project-driven opportunity zone fund, invested in Marina Square — located in downtown Bremerton, Washington. Plans for Marina Square include a new hotel, restaurant/bar, and apartments in two, 6-story towers above 3-levels of subterranean parking. Sound West Realty Capital’s Greg Genovese joined our podcast in January 2019 to discuss Sound … Read more
EquityMultiple connects accredited investors with exclusive, pre-vetted commercial real estate investments at low minimums. For their Opportunity Zone investing products, EquityMultiple has partnered with developer Youngwoo & Associates. The companies are tentatively aiming to raise about $500 million for the fund, according to Youngwoo & Associates executive vice president Bryan Woo. He cited New York, … Read more
The Fundrise Opportunity Fund intends to focus on investing in high-quality real estate in major US cities with long-term growth potential. We’re taking the same simple, low-cost approach we use in all of our offerings and applying it to this exciting new way to invest.