Why The Rest Of 2019 Will Be Crucial For Opportunity Zone Development

Despite his location in one of the country`s hottest real estate markets, Urban Catalyst Managing Partner Erik Hayden employed a wait-and-see approach to San Jose`s opportunity zones.

Even after having set up Silicon Valley`s only multi-asset fund dedicated to designated properties, he waited.

As Hayden recognizes, stories similar to his occurred in markets across the country, with investors claiming a lack of clarity stalling any kind of large-scale benefits opportunity zone, which proponents promised would come to distressed communities...

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RSK: Womp, Womp! I think everyone was expecting OZ`s to go ballistic but the process is slow and probably won`t see much coming out of the ground for another year.