The Opportunity Zone Regulation Delays Could Be Good News For Philadelphia

For all the intrigue that opportunity zones have generated, they have also come with their fair share of concern. But as the delay in final regulations drags on, it may also solve one of the program`s problems by accident.

The most talked-about facet of opportunity zone investing so far has been the 15% discount on capital gains invested in the zones if held for seven years, but that only applies for investments made by the end of this year. Some movement is already happening, like Plymouth Group’s purchase of the former Budd Co. factory where Bisnow held its Philadelphia Opportunity Zones and Capital Markets event last week...

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RSK: One of the problems with OZ`s will be attracting the quality tenants to fill the space.