Are you considering starting your own Qualified Opportunity Zone Business or converting an existing business into a QOZB? Or perhaps you need a QOZB for your Qualified Opportunity Fund? Click here to begin with OZ Pros. In today’s podcast episode, we highlight some of the most important considerations when structuring your QOZB entity, and best practices for regulatory compliance. Opportunity Zones Podcast host Jimmy Atkinson and OZ Consultants CEO Ashley Tison have teamed up to create OZ Pros — Qualified Opportunity Fund and Qualified Opportunity Zone Business entity formation made easy. Click the play button below to listen to my
Opportunity Zones News
How can you form your own Opportunity Zone fund? What are the most important considerations when structuring your entity, and what are some best practices for regulatory compliance? Click here to begin with OZ Pros. Opportunity Zones Podcast host Jimmy Atkinson and OZ Consultants CEO Ashley Tison have teamed up to create OZ Pros — Qualified Opportunity Fund and Qualified Opportunity Zone Business entity formation made easy. Click the play button below to listen to my conversation with Ashley. This is Part 1 of my two-part conversation with Ashley Tison. Click here to listen to Part 2: How to Form
Philanthropic capital will be crucial to achieving large-scale success in Opportunity Zones nationwide. So why has the philanthropic community’s response been tepid thus far? John Lettieri is co-founder, president, and CEO of the Economic Innovation Group (EIG), a Washington DC-based policy group that helped create the Opportunity Zone tax policy. Click the play button below to listen to my conversation with John. Episode Highlights A high-level overview of what is happening in the Opportunity Zone space — early investment, use cases, and capital deployment. The challenge of moving forward with making Opportunity Zone investments without final rules from IRS, and
How can Opportunity Zones ignite a place-based economic development revolution in one of the nation’s poorest states? Alex Flachsbart is president and CEO of Opportunity Alabama, the nation’s first nonprofit organization to create a marketplace for Opportunity Zone investment in a particular state. Click the play button below to listen to my conversation with Alex. Episode Highlights Alabama’s capital gap and how Opportunity Zones can help close it. The keys to creating positive outcomes in Opportunity Zones. Best practices for raising Opportunity Zone capital for real estate developers and business entrepreneurs, and the importance of engaging with the local community.
It’s been nearly six months since the IRS issued its second tranche of regulatory guidance on Qualified Opportunity Funds. How are business Opportunity Zone funds proceeding? Brian Phillips is managing partner of The Pearl Fund, the first Opportunity Zone fund to focus exclusively on business, using a venture capital model. Click the play button below to listen to my conversation with Brian. Episode Highlights Advantages and disadvantages to being a first mover in Opportunity Zone business investing. Why business investing may be the best use case for Opportunity Zone investment, both in terms of investment return and economic impact. Brian’s
Erie, Pennsylvania is home to the nation’s poorest ZIP code, and the nation’s first organization dedicated to promoting a municipality’s Opportunity Zones. Erie Downtown Development Corporation is led by CEO John Persinger and VP for finance and development Matt Wachter. Click the play button below to listen to my conversation with John and Matt. Episode Highlights How Erie’s Opportunity Zone Investment Prospectus has helped enable them to become a model for municipality-led OZ investment. How a proactive approach and bringing investable, shovel-ready deals to market has given Erie a leg-up on getting designated and developed. EDDC’s downtown project to develop
You’ve got Opportunity Zone questions. We’ve got Opportunity Zone answers. This is the inaugural edition of Opportunity Zones Podcast Listener Questions. Today’s listener questions deal with options for existing Opportunity Zone property owners, incentives for Opportunity Zone businesses, and more. If you’d like to submit your own question or comment, leave a voicemail on the Opportunity Zones Podcast hotline — call (682) 800-1505. Click the play button below to listen to the episode. Episode Highlights Leveraging Opportunity Zones to aid with prisoner reentry. How the substantial improvement test applies when a property is purchased with a mortgage. Pairing other tax
What are some best practices for packaging an Opportunity Zone real estate deal and raising capital from investors? What are some examples of good deals and bad deals? Gabriel Fernandez is a real estate investment manager in Brooklyn, NY. Click the play button below to listen to my conversation with Gabriel. Episode Highlights Reaction to the recent New York Times article on Opportunity Zones. Opportunity Zone development by Brookfield and Lightstone in the Mott Haven neighborhood of the South Bronx. Examples of some Opportunity Zone deals that Gabriel has come across — both good and bad. The value that asset
Is there a big problem with the Opportunity Zones program? Thomas Morgan is a real estate developer, broker, and investor who specializes in impact investing and 1031 exchange strategies. On today’s episode, we discuss the recent New York Times article and the challenges of raising Opportunity Zone capital for projects in blighted locations. Click the play button below to listen to my conversation with Thomas. Episode Highlights Reaction to the recent New York Times article on Opportunity Zones. Opportunity Zones that probably shouldn’t have been designated as Opportunity Zones. The problems with and challenges of raising Opportunity Zone capital from
Here are five of the most intriguing Opportunity Zones articles from the past week or so. Several articles, notably the big New York Times piece from August 31, were critical of the OZ program and how little it has helped low-income communities so far. How a Trump Tax Break to Help Poor Communities Became a Windfall for the Rich (New York Times) It’s not every day that the New York Times runs a front page story on Opportunity Zones. Jesse Drucker and Eric Lipton characterize the Opportunity Zones program as a “once-in-a-generation bonanza for elite investors.” The article rightly points
OpportunityDb.com provides world-class tools, education, and analysis to help interested parties discover opportunities in the federal Opportunity Zones program.