Tag: Opportunity Zones
CEDARst™ Companies and Bridge Investment Group Announce Plans for $112M Multifamily Opportunity Zone Development...
A joint venture between Chicago-based CEDARst Companies, a vertically integrated real estate development platform, and Bridge Investment Group (NYSE: BRDG) has acquired a 2.29-acre...
Affordable housing may not depress neighboring values
There’s this assumption that having low-income housing in your neighborhood has a corrosive effect on your property values, but there are some new reports...
Franklin Street brokers $18.8 million multifamily sale in South Florida opportunity zone
Franklin Street has arranged the sale of a 180-unit value-add apartment community in South Florida for $18.8 million, or $104,444 per unit. The community...
PEEK Properties secures construction loan for Class A Opportunity Zone multifamily project in Orange,...
PEEK Properties (PEEK) has secured $9,750,000 in construction financing for the first of three new-construction Qualified Opportunity Zone (QOZ) multifamily properties in the City...
Knocking the rust off the Rust Belt
Investments into one of the nation’s poorest zip codes in the Rust Belt are fueling an historic preservation and mixed-use redevelopment project on three...
Opportunity zones raise $75B
The Trump administration’s tax break for underprivileged neighborhoods has attracted an estimated $75 billion dollars in private investment, potentially lifting 1 million people out...
Rate Desk May 1, 2020
May 1, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Historic loans, America re-opening and Opportunity Zones picking up. Rate Desk May...
What do updated Opportunity Zone Fund rules mean for investors?
The journey to codify all of the rules around Opportunity Zones has been two years in the making but finally reached its conclusion with...
White House Opportunity and Revitalization Council introduces opportunityzones.gov
Secretary Ben Carson, on behalf of the White House Opportunity and Revitalization Council, announced a new website that will serve as a hub of...
HUD awards record $319 million to protect families from lead and other home health...
The U.S. Department of Housing and Urban Development (HUD) today awarded more than $314 million to 77 state and local government agencies, a record...
Legacy Partners breaks ground on Colorado’s first large-scale OZ residential community
Legacy Partners (Legacy), a privately-owned national real estate firm, announced today the groundbreaking of Legacy at Fitz in Aurora, Colorado. Located at 1363 N....
Opportunity zones might be getting less investment, not more
The Opportunity Zone program has faced criticism for benefiting wealthy investors who are planning projects in neighborhoods not considered distressed, and will instead provide...
HUD to collaborate with private sector on Opportunity Zones Challenge
The U.S. Department of Housing and Urban Development (HUD) announced the Department will co-lead an Opportunity Zone-focused workforce challenge of the U.S. Census Bureau’s...
HFF and BUILD announce master-planned mixed-use development in San Francisco opportunity zone
HFF announced today it is working on behalf of BUILD, a San Francisco residential development company, to arrange investment partners for the construction phase...
HUD asks for input on opportunity zones
The U.S. Department of Housing and Urban Development (HUD) announced a Request for Information (RFI) seeking public input on how the Department can use...
