Opportunity Zones

The developer secured a $92 million construction loan, in addition to Opportunity Zone funding, for the 403-unit, Maryland asset.

David Linn with the White Plains-based The Galinn Fund LLC has sold the parcels at 251 Douglass St. to New York City-based Tavros Capital Partners and the Charney Companies of Long Island City.

The pandemic-induced, historic plummet of the stock market shows that diversification in long-term alternatives to equities is critical. That can occur in rural areas.

The Habitat Company and P3 Markets have received LIHTC approval from the city of Chicago for a transit-oriented, mixed-use development in the historic Grand Boulevard neighborhood.

The program gives investors time to think about how to allocate their gains.

NES will give Opp Zone Capital's clients transparency and compliance services that also maximize social impact, says co-founder Jeanine Warhurst Blake.

There has been considerable interest in the fund's projects with the flow of traffic actually increasing, says co-founder Edmond Rakipi.

Unfortunately, this much-needed announcement has been marred by a departure from standard language, causing tax and legal professionals to debate the nature of the relief that the Notice granted.