Prior Postings
In this study, we compare transaction prices of properties located in designated and eligible OZ census tracts, using a structural time series approach to estimate a hierarchical repeat sales price index. We find that OZ designation did not impact all properties prices, but resulted in a 13.5% price increase for ”redevelopment” properties and a 9.6% price increase for vacant development sites.
Experts say the state and city should have demanded evidence of secured financing for downtown developments before granting incentives
After a lobbying effort, Dan Gilbert, billionaire founder of Quicken Loans, won special tax status for wealthy areas of downtown Detroit where he owns billions worth of property.
The latest billionaire called out for taking care of a plan meant to help poor communities, Dan Gilbert pushes back.
ProPublica suggests Gilbert received special treatment from White House during Opportunity Zone selection Gilbert lobbyist denies claims, calling story "rife with misguided, misleading and utterly baseless allegations parading as fact" Opportunity Zones allow the deferral and reduction of capital gains taxes if capital gains are invested in certain areas
Jared Fleisher, a Quicken Loans vice president, responds to a ProPublica report on the Rock Family of Companies and Opportunity Zones
Unfortunately, under the current regulations, you can't derive any Opportunity Zone tax benefits from the property simply by holding it for another 10 years. However ...
The event featured educational sessions that showcased New Jersey’s resources for Opportunity Zone communities and investors and a pitch competition.
Two years ago, a mixed-used, multi-building development was announced for the downtown Greenville property along Academy Street where Agfa Healthcare offices are located. Then, it seemed, nothing happened.
While the focus on investments in Opportunity Zones have been generally focused on real-estate and urban areas, several island mayors said there are more prospects beyond the San Juan metro