When Investing in Opportunity Zones, Don’t Lose Sight of the Fundamentals
Consider these factors when analyzing your potential investment in an OZ.
“Opportunity Zone incentives can be the icing on the cake of apartment investing,” writes the author, “but always remember that these incentives are not the cake.”
Ben Carson Says HUD Will Give Preference to Developers Who Build Affordable Housing in Opportunity Zones
The preference point system marks one of the first Opportunity Zones initiatives by HUD.
“If you are doing a project within an Opportunity Zone and you are applying for one of our grants, you get some preference,” Carson said. “We are also offering very specific technical assistance to help [you] coordinate [your] efforts.”
New Opportunity Zone Ranking Shows Some Tertiary Markets Have Investment Potential
Opportunity Zones Index suggests some small markets present as much economic opportunity as coastal U.S. cities.
Based on economic factors like population growth projection, unemployment rates, projected median household income, and home value through 2023, a group of analysts has created what they claim is the first comprehensive economic baseline for all Opportunity Zones.
New York Investors Are Primed to Capitalize on Hundreds of Opportunity Zones
The five boroughs contain more than 300 OZs, and interest is beginning to ramp up.
While developers, investors and ordinary New Yorkers try to make sense of the opportunity, a familiar question has surfaced: Will the zones stoke economic activity in places where it wouldn’t have happened otherwise?
NES FINANCIAL OZ NEWS
Opportunity Zones Q&A: Previously Held Property
Tax experts answer your questions.
“If I own a property in a Qualified Opportunity Zone and decide to recapitalize and bring in investors to develop the project, would their investments qualify under OZ?”
NES FINANCIAL OZ WINS
NES Financial Selected as Preferred OZ Administrator and 1031 Exchange QI to Network of 2,200 Wealth Management Firms
Innovative specialty fintech company joins Wealth Engineering Alliance’s “Expert Sourcing Team”
“NES Financial’s national presence and expertise across a full range of specialty finance areas make them a natural fit for our team,” said Nick Gregory, managing partner and CEO of The Wealth Engineering Institute.
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.