"It's a city that's changing from an older population to a younger population. ... The developer has to be patient and propose things for the well-being of the entire community," said Office America Group Founder and CEO Ricardo Hernandez.
On Aug. 4, the Treasury Department, and Internal Revenue Service (IRS) surgically nipped and tucked the regulations governing qualified opportunity zone funds (QOFs) which, while precise and limited to two specific sections, arguably results in a complete face lift to the way QOFs must operate.