From Gentrification To Lack Of Guidance, Investors Express Concerns With Opportunity Zone Program

Commercial real estate owners, developers, brokers and investment managers have a variety of concerns about the new Opportunity Zone program that gives a tax break to investors who invest through an opportunity fund into a designated opportunity zone. More than 200 of them shared those concerns in Bisnow`s recent survey about the program.

One survey participant called the program “gentrification on steroids.” 

Another respondent said the nuances of the program — even with a new round of guidance from the U.S. Department of the Treasury — are still confusing and may turn off investors...

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RSK: The National look at Opportunity Zones....in other words, it is still in its infancy and not much guidance out there at the moment.