Courtesy of Riaz Capital.
NEW YORK CITY- Riaz Capital, a development, construction and property management firm based in Oakland, California, has zeroed in on its $100 million capital commitment goal for its Opportunity Zone fund, securing an estimated $75 million in capital commitments. The funding will support the construction of 12 new housing developments in Oakland Opportunity Zones.
When Riaz's team went on the road to raise funding, the firm quickly figured out what worked and what didn't in investor pitch meetings. Simply communicating the need for affordable housing in underserved areas and the Opportunity Zone-tax benefits wouldn't be enough, Riaz Taplin, principal of Riaz Capital, tells GlobeSt.com.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
