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Opportunity Zones Newsletter Week of July 15, 2019

Register Now for the OZ Insider Insights Webinar (August 14th)

Our Q3 webinar is packed with OZ industry leaders, sharing their experience to help your business.

How could your business benefit from the latest OZ market insights? Attend this free webinar, and you’ll get the latest analysis of emerging OZ trends, regulatory developments, investor motivations, and more.

CLICK HERE TO REGISTER

Treasury Wrestles with How to Measure Success in Opportunity Zones

Detailed reporting would allow outside analysts to better understand precisely how the program is working.

“There’s a wide variety of views with respect to what people would like reported from Opportunity Zones,” said one Treasury official. “Much of it goes well beyond what is traditionally reported on tax forms.”

READ THE FULL POLITICO ARTICLE

Opportunity Zones Update New Proposed Treasury Regulations (Part III)

The third installment of The National Law Review’s analysis of the April regs.

“The New Proposed Regulations provide more flexibility in the way taxpayers can qualify for the benefits of the Opportunity Zone tax incentive program. With limited exceptions, taxpayers are permitted to rely on the New Proposed Regulations before they are finalized.”

READ THE FULL NATIONAL LAW REVIEW ARTICLE

Forbes and Sorenson Impact Launch New List for Top Opportunity Zone Funds and Founders

The “Forbes OZ 20” list will highlight the best investors and entrepreneurs who are creating lasting change in OZ communities across the U.S.

“New laws create new loopholes—and while the spirit of OZs is to make money while also making a lasting change in overlooked areas, some investors will be just in it for the money. At Forbes, we celebrate responsible capitalism and those who do well by doing good.”

READ THE FULL FORBES ARTICLE

NES FINANCIAL OZ WINS

Sixty West Funds Chooses NESFinancial to Administer ‘Old Fourth Ward’ Opportunity Fund

“The decision ultimately came down to NES Financial’s reliability and proven experience in OZ administration,” says Sixty West’s COO.

NES Financial will provide its award-winning solution to the Sixty West O4W Opportunity Fund, which is currently raising funds toward development of a combined hotel, office and retail space along the Atlanta BeltLine parks and transit loop, in one of Atlanta’s 26 Opportunity Zones.

NES Financial: The leader in Opportunity Zone fund administration.

Based on our industry-leading experience in other specialized financial markets, we’ve developed the first purpose-built Opportunity Zone Fund Administration Suite — designed to minimize risk and maximize investor confidence.

LEARN MORE ABOUT HOW NES FINANCIAL’S OZ FUND ADMINISTRATION SUITE COULD HELP YOUR FUND.