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OpportunityDb has rebranded as OpportunityZones.com. Plus: the Fed's lower interest rates may spur renewed interest in OZ investing, Jimmy tours a precious metals vault in an Opportunity Zone, and the U.S. Navy turns to an OZ fund to expand their nuclear submarine building capacity. Show notes: https://opportunityzones.com/2024/09/oznh-sep-2024/
The New York Times recently featured the Opportunity Zones program, and the paper's coverage was surprisingly balanced (headline notwithstanding). Plus: Novogradac announces that 185,000 homes have been built with QOFs, and Jimmy announces a brand new project at OpportunityDb. Show notes: https://opportunitydb.com/2024/08/oznh-aug-2024/
Opportunity Zone investing is down significantly over the past two years. Why might now still be a great time to invest in Qualified Opportunity Funds? Recorded live at OZ Pitch Day on June 13, 2024, featuring OZ Insiders members Andrew Doup of SyndicationCounsel, Jill Homan of Javelin 19 Investments, and Coni Rathbone of VF Law. Moderated by Jimmy Atkinson of OpportunityDb and OZ Insiders. Show notes & transcript: https://opportunitydb.com/2024/07/why-invest-ozs-now-309/
Raising capital for Opportunity Zone projects can be a challenge, especially in today's macroeconomic environment of high interest rates and inflation. But, the OZ incentive itself along with the current equities bull market present a unique fundraising opportunity for OZ project sponsors. On today's episode, OpportunityDb founder Jimmy Atkinson presents his 5 tips for raising equity from Opportunity Zone investors. Show notes: https://opportunitydb.com/2024/05/304-oz-fundraising-tips/
OpportunityDb founder Jimmy Atkinson has announced his new premium, flagship workshop for Opportunity Zone investors... and it's a barn-burner. Plus: Hollywood takes a trip to "OZ, Oklahoma", and the OZ program passes its first "check-up." Show notes: https://opportunitydb.com/2024/03/oznh-mar-2024/
The most important issues that Opportunity Zone investors should scrutinize before making an OZ investment, whether its into a professionally managed multiasset fund, or a single deal. Recorded live at OZ Pitch Day on March 7, 2024, featuring panelists Jill Homan of Javelin 19 Investments, Michael O'Mara of Ozone Capital, and Gerry Reihsen of Reihsen & Associates. Moderated by Jimmy Atkinson of OpportunityDb and OZ Insiders. Show notes: https://opportunitydb.com/2024/03/oz-panel-299/
The OpportunityDb team prepares for the first OZ Pitch Day of 2024, and it's going to be one for the record books. Plus: Jimmy's breaks down the recent data from Novogradac, with emphasis on two "headline" numbers. Show notes: https://opportunitydb.com/2024/02/oznh-feb-2024/
Opportunity Zones have greatly exceeded initial expectations as we enter Year 6 of the tax incentive program. To kick off the new year, OpportunityDb founder Jimmy Atkinson recaps the current state of the Opportunity Zone marketplace, and what may lie in store for the Opportunity Zone industry in 2024. Show notes & transcript: https://opportunitydb.com/2024/01/2024-opportunity-zones-292/
OZ Pitch Day is OpportunityDb's biggest Opportunity Zone investing event of the year. Register at OZPitchDay.com and learn how you can grow your wealth with Opportunity Zones.
The Tax Cuts and Jobs Act of 2017 contains a unique opportunity for investors to defer and eliminate tax on gains reinvested into a newly created vehicle called a Qualified Opportunity Fund. But what are the advantages to employing an Opportunity Zone investment strategy over other tax deferral techniques? And how do they compare? Gain a complete understanding of Opportunity Zones and Qualified Opportunity Fund investing in today's episode, which is a recording of a live webinar conducted in August 2023, co-hosted by Jimmy Atkinson of OpportunityDb and Kirk Walton of GPWM Funds. Show notes & transcripts: https://opportunitydb.com/2023/09/kirk-walton-279/
Investing in ways that align with our personal values is an important aspect of portfolio construction. But the ESG movement may be muddying the waters. Reid Thomas, managing director and chief revenue officer at JTC Americas, joins the show to discuss a new report from JTC and OpportunityDb that offers the results of our 2023 impact investing survey. Show notes: https://opportunitydb.com/2023/04/reid-thomas-254/
To take advantage of benefits, you need to act fast! Today's guest, Jimmy Atkinson, discusses the benefits of Opportunity Zones and how they compare to 1031 exchanges. He shares how Opportunity Zones offer significant tax advantages and can be a better option for investors looking to diversify their portfolios and invest in alternative projects.In this episode, Jimmy helps you determine if it's the right investment strategy for you as he shares his knowledge and insights about opportunity zones and how investors can take advantage of this investment opportunity. Tune in now and explore the tax advantages of investing in a qualified Opportunity Fund and compare the two popular tax incentives!Key Points From This Episode: Jimmy shares the steps he took to get to where he is right now and for him to decide that commercial real estate is for him.Jimmy explains what exactly opportunity zones are.How do you know you're operating in an opportunity zone and how to find them.Why should you consider investing with an operator in an opportunity zone?What is the tax incentive for qualified opportunity funds?The difference between opportunity zones and 1031 exchange.How the current economy is affecting Jimmy's plans with opportunity zones.How is Jimmy prepared for a potential downturn when looking for projects?Jimmy's best source for meeting new investors right now.The challenge Jimmy and his business is currently facing.The most important metrics that Jimmy tracks professionally and personally.Tweetables:“You essentially get to eliminate your capital gains liability on your opportunities on investment, so long as you hold it for 10 years.” - Jimmy Atkinson“The second big benefit is that you get to eliminate capital gains liability completely on the appreciation within your opportunities on investment.” - Jimmy Atkinson“Opportunity zones get extended and possibly even made permanent at some point down the road here but it would take an act of Congress to do that.” - Jimmy Atkinson“Opportunity zone by the very letter of the law and by the regulations that define what can qualify as an opportunity as an investment, they can't be poor or poor plus holdings, they actually have to be substantially improved or ground-up construction.” - Jimmy Atkinson“We don't do a lot of outreach looking for them, they [investors] tend to find us because we have such a strong presence in the opportunity's own space.” - Jimmy AtkinsonLinks Mentioned in Today's Episode:The Beginner's Guide to Opportunity Zones WebsiteOpportunity DB WebsiteOpportunity Zones PodcastsAbout Jimmy AtkinsonJimmy Atkinson is the founder of OpportunityDb and host of the Opportunity Zones Podcast. He is also the co-founder of WealthChannel, the leading community for High Net Worth investors and advisors who place capital in alternative investments. Originally from Los Angeles, he graduated from the University of Notre Dame with a BA in economics in 2004.
In many ways, Opportunity Zones have exceeded initial expectations, roughly four-and-a-half years into the place-based tax policy. To kick off the new year, OpportunityDb founder Jimmy Atkinson recaps the current state of the Opportunity Zone marketplace, and what may lie in store for OZs in 2023. Show notes: https://opportunitydb.com/2023/01/2023-opportunity-zones-241/
In October, GTIS Partners hosted their GTIS Investor Day at their headquarters in New York City, which included market insights panels, followed by an Opportunity Zone project tour in New Jersey. Today's podcast episode a recording of that event's Opportunity Zones panel, featuring Jimmy Atkinson from OpportunityDb, Peter Ciganik from GTIS Partners, Joseph Scalio from KPMG, and Kunal Shah from iCapital. Show notes: https://opportunitydb.com/2022/12/gtis-investor-day-233/
OpportunityDb founder Jimmy Atkinson has called the opportunity zones program "the greatest tax incentive of all time." And many investors agree, as they have poured billions of dollars into the program in its short life so far. But the true potential of the OZ program has largely been left unlocked, according to Jimmy. Here are seven opportunity zone "secrets" that every High Net Worth investor, RIA and family office should know. Show notes: https://altsdb.com/2022/08/jimmy-atkinson-049/
This episode is the audio recording of a live panel from the ADISA 2022 Spring Conference. Erik Hayden (Urban Catalyst), James Brunger (Capital Square), Jamie Nahon (Eagle OZ), Matt Iak (U.S. Energy Development Corporation), and Rob Johnson (Realized) were the expert panelists. The panel was moderated by Jimmy Atkinson (OpportunityDb). Transcript and show notes at OpportunityDb.com.
Investing across different asset classes provides not only diversification benefits but alternative sources of growth and revenue. Opportunity zones can offer strong investment returns with an added social impact component in the United States and in Puerto Rico. Kira Golden is the CEO of Direct Source Wealth, a real estate development company out of Denver that does direct deals and serves as a platform for new and experienced investors. By the time she was 18, Kira had holdings in both the real estate and stock market. Transcript and show notes at OpportunityDb.com.
Learn how you can voice your support for the Opportunity Zones Improvement, Transparency, and Extension Act (H.R.7467 / S.4065). The panel was moderated by OpportunityDb founder Jimmy Atkinson. Panelists: Chris Cooley, Catherine Lyons, and Rachel Reilly. Transcript and show notes at OpportunityDb.com.
The Multifamily Investor Podcast: Passive Investment Strategies To Grow Your Wealth
Opportunity Zone legislation has provided investors, especially those interested in multifamily, with perhaps the most compelling tax incentive in history. There is now a bill up for consideration that would extend the program. Jimmy Atkinson, founder of OpportunityDb and host of The Opportunity Zones podcast joins to discuss why he thinks this bill creates a $100 billion opportunity. Show notes: https://multifamilyinvestor.com/2022/05/jimmy-atkinson-2/
The hospitality industry has been one of the most watched trends in recent years, with boutique hotels at the forefront of the ever-evolving hospitality business. Smaller, less commercial hotels offer the safety and personalized service travelers seek in a post-pandemic world. Coupled with an Opportunity Zone incentive, investors are taking notice - and the result is as exciting as it is unique. David Kessler, founder and CEO of Sandstone Partners, shares his experiences in the boutique hotel industry, specific to projects in OZ communities. David has over 19 years of real estate investment and development experience. Sandstone Partners targets underperforming mixed-use, hospitality, and multifamily properties executing business plans ranging from value-add to ground-up development. Transcript and show notes at OpportunityDb.com.
Bipartisan and bicameral legislation was recently introduced that would improve Opportunity Zones and push back the tax incentive's deferral date by two years, from 2026 to 2028. The extension will allow OZ investors to continue attracting capital for a program that both supports the local tax base and boosts job growth in these communities. Senator Tim Scott's former tax adviser, Shay Hawkins is founder and CEO of the Opportunity Funds Association (OFA) -- a Washington, DC-based advocacy, education, and communications group for the Qualified Opportunity Fund industry. Transcript and show notes at OpportunityDb.com.
In this panel from OZ Pitch Day Spring 2022, a trio of experts discuss the various strategies that investors can use to optimize the tax efficiency of their portfolios. This episode is the audio version of an OZ Pitch Day Spring 2022 panel titled, “Opportunity Zone Strategies for High Net Worth Investors.” The panel was moderated by OpportunityDb founder Jimmy Atkinson. Panelists: Jay Frank, Rob Johnson, and Scott Hawksworth. Recorded live on March 29, 2022. Transcript and show notes at OpportunityDb.com.
What are the differences between Opportunity Zones and 1031 Exchanges? And why might one be a good choice for your own investments? Listen as we discuss this topic and more with Jay Frank, the President of Cantor Fitzgerald Capital and Chief Operating Officer of Cantor Fitzgerald Investment Management. Cantor Fitzgerald is a global financial services and real estate investment management firm. Jay is involved in overseeing the day-to-day operations of the business, providing direction and implementing strategic initiatives. Transcript and show notes at OpportunityDb.com.
Find out how you can invest in distressed areas around the country while connecting with some of the brightest professionals in the opportunity zones (OZ) arena during this two-day conference sponsored by Novogradac, a national professional services organization that consists of affiliates and divisions in certified public accounting, valuation, and consulting. Transcript and show notes at OpportunityDb.com.
Erik Hayden, founder and CEO of Urban Catalyst, returns to the show to provide updates on Silicon Valley Opportunity Zones and what funds are currently proving attractive investment opportunities. Urban Catalyst is the largest developer of Opportunity Zone real estate in Silicon Valley. Transcript and show notes at OpportunityDb.com.
What does it mean to be vertically integrated in the opportunity zones investment process? And how might vertical integration increase profits and shareholder returns? Chris Loeffler is the CEO of Caliber and serves as Chairman of the Company's Board of Directors. As CEO, Chris directs and executes global strategy, oversees investments and fund management, and contributes to private and public capital formation. Transcript and show notes at OpportunityDb.com.
Since its inception, opportunity funds have captured the attention of investors, asset managers, policymakers, community leaders, and financial institutions, with no sign of the trend abating. In fact, interest has been staggering due to the tax benefits, ranging from tax-free appreciation to capital gains deferral. But approach and fit are key components to scale and sustain an OZ investment strategy. And selecting the right fund and fund manager is critical to long-term success. Greg Genovese, CEO of USG Realty Capital and Investors Choice OZ Fund, shares his view on investor advocacy and how to ensure alignment among stakeholders within OZ. Transcript and show notes at OpportunityDb.com.
Misconceptions often cause investors to opt out of potentially profitable and viable investment opportunities. The Federal Opportunity Zone tax incentive program has had its fair share of uncertainties due to miseducation and confusion around alternative investments. But with the right fund manager and scheme in place, investors can feel good about helping underserved communities while experiencing significant tax breaks. Michael Episcope unpacks opportunity zone investing misconceptions and explores the potential benefits of adding alternative assets to a portfolio. Michael is co-founder and principal of Origin Investments, a private equity real estate firm founded in 2007. Transcript and show notes at OpportunityDb.com.
Taxpayers can defer taxes by reinvesting capital gains from an asset sale into a QOF. To do so, IRS Form 8996 must be filed by all taxpayers holding a QOF investment. Guidance on how to fill out this form will eliminate inconsistencies prior to submission. Ashley Tison is an Opportunity Zone consultant and attorney based in Charlotte, North Carolina. Along with Jimmy Atkinson, he is co-founder of OZ Pros, an Opportunity Zone advisory firm. Transcript and show notes at OpportunityDb.com.
Under the opportunity zones (OZ) incentive, taxpayers can defer taxes by reinvesting capital gains from an asset sale into a qualified opportunity fund. To do so, IRS Form 8997 must be filed by all taxpayers holding a QOF investment. Guidance on how to fill out this form will eliminate confusion and inconsistencies prior to submission. Ashley Tison is an Opportunity Zone consultant and attorney based in Charlotte, North Carolina. Along with Jimmy Atkinson, he is co-founder of OZ Pros, an Opportunity Zone advisory firm. Transcript and show notes at OpportunityDb.com.
How can the Ultra High Net Worths and family offices use Opportunity Zones as a strategy for social impact investing with great and tax savings? Bob Hutchins is the Managing Director of the Ellavoz Shared Values Opportunity Fund and President & CEO of Ellavoz Impact Capital. The company sponsors and manages the Ellavoz Shared Values Opportunity Fund and the Ellavoz Impact Angel Network. Transcript and show notes at OpportunityDb.com.
Crypto has been on a tear for the past few weeks, and both retail and institutional investors are piling more money in. But many investors aren't satisfied by merely owning the asset itself; they're also buying options and other “levered” instruments — including publicly-traded stocks. Jimmy Atkinson, the founder of OpportunityDb, joins the show to discuss seven stock picks that provide significant crypto-related upside. Show notes for this episode: https://cryptogic.com/2022/02/crypto-stock-picks/
A diversified investment portfolio has the ability to weather volatility and improve profitability. Coupled with alternative investment opportunities (namely real estate acquisition), diversified portfolios can maximize investor chances of achieving their financial objectives. But to achieve true diversification, it's important to first understand the challenges and complexities of these real estate opportunities. Chad Debolt, Managing Director and Principal at Saxum Real Estate is an experienced investment professional with broad financial expertise from over a decade of experience in both the private equity real estate and fixed income trading markets. Transcript and show notes at OpportunityDb.com.
Opportunity Zones provide many benefits, including federal capital gains tax advantages for investments made in these areas. Socially conscious investors are also turning their attention to opportunity zones, as QOFs offer local communities housing and supportive services for residents. Kim Kuhle is the CEO of the Veterans Victory Opportunity Fund (VVOF), a private-equity real estate Qualified Opportunity Fund (QOF) designed as a vehicle for investors with capital gains equity. Transcript and show notes at OpportunityDb.com.
There are many Qualified Opportunity Funds that encompass multifamily real estate and are well worth any investor's consideration. Investing in multifamily property offers a wide variety of advantages for investors, such as leverage, cash flow, equity growth, and, tax savings are all financial features of a sound multifamily real estate investment. Scott Hawksworth is a co-founder of MultifamilyInvestor.com and an entrepreneur based in Chicago. MultifamilyInvestor.com covers trends and opportunities in multifamily real estate investing and helps High Net Worth investors, family offices, RIAs & financial advisors, and industry service providers navigate the ins and outs of the multifamily landscape. Transcript and show notes at OpportunityDb.com. .
This episode is the audio version of the keynote address from Alts Expo 2021 with Andy Hagans, as he discusses the reasons to be bullish on alternative investments heading into 2022. Andy Hagans is Chief Operating Officer at OpportunityDb.com, and the founder of AltsDb and The Alternative Investment podcast. Show notes and transcript at AltsDb.com
ADUs (accessory dwelling units) have become more more prevalent in recent years. Also referred to as mother-in-law suites, multigenerational units, and in-law units, ADUs offer both environmental and financial benefits for investors and tenants alike. Paired with a Qualified Opportunity Zone project, the advantages of ADUs are even greater. Adam Stone is a licensed Real Estate Broker and member of the California Bar. He has expertise in various aspects of both residential and commercial real estate including acquisition, management, entitlements, litigation, joint ventures, municipal codes, and San Diego zoning and ordinances. Transcript and show notes at OpportunityDb.com.
Impact investing is an investment strategy that strives to generate social or environmental benefits in addition to financial gains. It also spans diverse range of assets, including bonds, public equity, and private equity, such as opportunity zones and New Market Tax Credits. But how does impact investing work, and how might one select a specific fund to invest in? Reid Thomas is Chief Revenue Officer and Managing Director of JTC Americas, the North American division of JTC Group, where he is responsible for overseeing the day-to-day operations of the Specialty Financial Administration business unit. Transcript and show notes at OpportunityDb.com.
The Multifamily Investor Podcast: Passive Investment Strategies To Grow Your Wealth
Multifamily properties located in Opportunity Zones had a massive 2021. Could 2022 be even bigger for them? Jimmy Atkinson, Co-founder of AltsDB.com and OpportunityDB.com joins the show to recap 2021 and offer insights on what the next year may look like for multifamily investors. Find show notes and more at: https://multifamilyinvestor.com/2022/01/oz-recap-outlook/
Opportunity Zone investments come with inherent potential risk, but they also offer several key advantages. Before diving in, it's important to understand investment strategies specific to OZ assets and projects. This episode is the audio version of a live opportunity zones panel at the AnySizeDealsWeek Festival of Real Estate Innovation in Las Vegas, Nevada with a focus on successful opportunity zones investment strategies. The panel was moderated by OpportunityDb founder Jimmy Atkinson. Panelists: Ashley Tison, Bo Kemp, Peter Ciganik, and Jill Homan. Transcript and show notes at OpportunityDb.com.
What happens to opportunity zone capital if the qualified opportunity zones fund sells? And how does reinvestment of those proceeds from that sale occur before the end of a 10-year holding period? Transcript and show notes at OpportunityDb.com.
What are the investment due diligence considerations when evaluating Opportunity Zone business and real estate deals? This episode is the audio version of an OZ Pitch Day panel titled, “How to Evaluate Opportunity Zone Deals.” The panel was moderated by OpportunityDb founder Jimmy Atkinson. Panelists: Greg Genovese, Gordon Goldie, and Jill Homan. Recorded live on November 3, 2021. Transcript and show notes at OpportunityDb.com.
Why are cryptocurrency investors turning to opportunity zones for tax relief and social and economic good? Opportunity zone offer investors unprecedented tax incentives; combined with Bitcoin, investors can expect significant returns with a positive social impact. Tom Frazier is the CEO of Redivider Blockchain, an investment fund that brings together Opportunity Zones to create jobs, immersion and geothermal cooled edge data centers, and Bitcoin mining to help propel the future of humanity. Transcript and show notes at OpportunityDb.com.
When combined with the opportunity zone incentive, farmland can be a compelling asset class for investors. Farmland offers unique features compared to traditional real estate and often outperforms other investments during recessionary environments. But what makes agriculture a low-risk, high-return asset and how can investors capitalize on these opportunities? Paul Pittman is the Chairman and CEO of Farmland Partners Incorporated, and John Heneghan is the founder and manager of the Promised Land Opportunity Zone Fund. Transcript and show notes at OpportunityDb.com.
Opportunity zones can benefit multifamily investors in a range of ways. Multifamily investments offer several tax benefits, income appreciation, and are a hedge against inflation. Coupled with OZ funds, multifamily housing offers several more compelling advantages. In particular, the Southeast is an area with substantial growth potential for OZ fund investors in this particular real estate niche. James Brunger serves as executive vice president, national sales of Capital Square 1031, a national real estate investment and management company. Whitson Huffman oversees investment activity at Capital Square, which includes leadership of the firm's real estate investments related to its Delaware statutory trust/Section 1031 exchanges, qualified opportunity zone funds and other private placement investment offerings. Transcript and show notes at OpportunityDb.com.
What does the future holds for the tax-incentivized Opportunity Zone investments? Will there be a reasonable expansion of the OZ policy in the coming years? While future legislation for OZs remains open to debate, this bipartisan investment program offers distinct financial benefits with social and economic impacts. Shay Hawkins is the co-founder of the Opportunity Funds Association, an organization that enables Opportunity Fund managers and investors to participate in public policy, share best practices, and communicate the industry's contributions to distressed rural and urban communities across the country. Transcript and show notes at OpportunityDb.com.
When it comes to managing capital gains tax, are Opportunity Zones the solution? Are these funds, in fact, the quintessential hedge in an uncertain and rapidly-changing economy? As awareness increases, investors and advisors look to QOZ funds (and their deadlines) as a primary vehicle for their gains. Ashley Tison is founder and president of OZPros, a national leader in helping people with capital gains harness the generational wealth creation opportunity of Opportunity Zones. Transcript and show notes at OpportunityDb.com.
How has the Opportunity Zone marketplace evolved since 2018 and what changes may be forthcoming? This episode is the audio version of an OZ Pitch Day panel titled, "The State of the Opportunity Zone Marketplace." The panel was moderated by OpportunityDb founder Jimmy Atkinson. Panelists: Emily Lavery, Catherine Lyons, and Reid Thomas. Recorded live on November 3, 2021.
What are the current trends in alternative investments and how can investors take advantage of the growth to come? Transcript and show notes at OpportunityDb.com.
How can investors execute long-term investments in low-income urban and rural communities via qualified Opportunity Zones funds? Chris Knoppe owns and operates CBUS OZ Funds with his brothers, Sean and Brian. The fund specializes in urban redevelopment in Columbus, Ohio with a long-term focus on delivering value to investors by providing affordable and attainable housing solutions throughout the urban core of Columbus. Show notes and transcript at OpportunityDb.com