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LONDON—Hardly anyone is rooting for a recession. But if one comes and resets pricing on commercial assets, Opportunity Zone fund investors could benefit. With return expectations of 15 to 20%, it's not easy for them to find good deals.
"The Opportunity Fund folks have a model to get in and get out," says DLA Piper's Global Real Estate Practice Co-chair John Sullivan. "They invest three to five years and get reasonably healthy returns so they can get their carried interest."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
