NES Financial will host a “State of the OZ Industry” webinar on February 13th. Intended for current and aspiring fund managers, developers, entrepreneurs, community leaders, and tax and securities attorneys, as well as OZ Fund investors, the webinar will bring expert panelists from each facet of the industry together to report on the evolving market and regulatory conditions in the OZ space.
The Opportunity Zones program was born in late 2017 under the Investing in Opportunity Act, which established capital gains tax incentives for long-term investments into economically distressed areas across the U.S. With over $6 trillion in unrealized gains held by U.S. taxpayers, the program has opened up enormous potential for developers looking to raise capital at attractive rates and use it to build or improve properties within the qualified zones.
However, though the past year has seen tremendous growth in the Opportunity Zones industry, the program’s potential has only just begun to be realized — and nebulous market and regulatory factors have left many with unanswered questions.
Read the full press release by clicking here.
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