Opportunity Zone Investing in 5 Major Markets
In the last year, Opportunity Zones have been the center of many conversations for those involved in commercial real estate. Opportunity Zones mark the latest way of helping investors save on taxes, while also aiding to advance the economic fabric of an underdeveloped community. The Opportunity Zone program was established in the Tax Cuts and …
Reonomy Welcomes New Tech and Revenue Leadership
We’re proud to announce three new valuable members to the Reonomy leadership team! As we continue to grow and strategically plan for our future, we welcome our new Chief Revenue Officer, Michael Manne. Similarly, we’re excited to welcome our new Vice President of Engineering, Bhaskar Maddala, and Director of Data Engineering & Data Science, Maureen Teyssier, who will both be essential in the enhancement of our web applications and enterprise solutions.
Opportunity Zone Snapshot: Washington D.C.
Opportunity Zones have been a topic in Washington over the last 12 months – in both CRE and politics. The Opportunity Zone program was established in the Tax Cuts and Jobs Act of 2017. It was put in place to funnel unrecognized capital gains into the U.S. census tracts that need it most, and to …
Opportunity Zone Snapshot – Chicago, IL.
As the third largest metro in the United States, Chicago is full of potential, especially in these designated Opportunity Zones. Read on to discover Chicago’s areas of opportunity based on asset class, specifically in Cook County, Kane County and Lake County.
Investors Follow Tourists to Rocky Mountain Region
Cities and towns scattered throughout the Rocky Mountains have become a year-round playground for tourists coming to enjoy the scenic beauty and outdoor recreation ranging from skiing and snowboarding to hiking and mountain biking. And that strong tourism industry helps to support a thriving hotel market. The U.S. hotel has been on a strong bull …
Opportunity Zone Snapshot – Richmond, VA.
Opportunity is calling in Richmond, Virginia. While Northern Virginia is garnering attention for Amazon’s recent announcement of HQ2, the state’s capital has big plans for development over the next few years. Established by Congress in 2017 to encourage long-term investments in under-developed, low-income communities, Opportunity Zones offer investors substantial tax breaks on capital gains in …
California Opportunity Zones: Target Markets for High Yield Investment
We take a deeper look into opportunity zones that have been highlighted as having the potential for a quick return on your investment in California. Areas identified as having the highest potential for short-term impact for both investors and communities in California are opportunity zones in Oakland, San Diego and San Jose.
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