Opportunity Zones

Economic growth, affordability and local culture have kept Denver as a top investment market.

The Grand Junction Economic Partnership invests in Proximity Space under the new opportunity zone guidelines.

The Courtyard by Marriott serves as one of the nation's first hospitality Opportunity Zone developments.

The firm will lead advisory efforts for the 250,000-SF development site in the Mott Haven neighborhood.

The Soleste Grand Central apartment tower will open in 2021 with 320 market-rate units and 40 affordably priced units.

"We are excited to announce our second QOZ fund, also specifically investing in MHCs located within Opportunity Zones. Our second QOF (Qualified Opportunity Fund) is a $15-million equity raise and is about 70% subscribed,” Hales says.

Since 2017, the Chicago area has seen a slight increase in investment within Opportunity Zones, while values in those areas have decreased.

PEEK Reock I QOF, LLC and PEEK Reock II QOF, LLC are set to break ground next year on two separate apartment-rental properties of 50 and 118 apartment-home units, respectively, within the city’s Reock Street Redevelopment Area. The combined development cost for the two projects is approximately $45 million.