Opportunity Zone Transactions
The Opportunity Zones Program provides significant financial and tax opportunities for real estate and private equity investors along with start-up operating businesses (including technology companies), manufacturing companies and service businesses willing to locate within an opportunity zone. Our cross-disciplinary team of Corporate, Real Estate, and Tax attorneys can assist real estate investors, private equity investors, and fund managers in evaluating, structuring, and executing on investments and private funds that qualify for the Opportunity Zone Program.
The firm handled the real estate and opportunity zone structuring for a $25 million adaptive re-use project for a developer on the west side of the Atlanta Beltline that also involves state and federal historic tax credits.
The firm structured all aspects of an opportunity zone real estate investment, including forming the Qualified Opportunity Fund, of a $50 million adaptive re-use project in Greenville, South Carolina including a brewery, retail and a multifamily component.
On behalf of the developer, the firm formed a Qualified Opportunity Fund for a $100 million new office development in the Heights Union district of Tampa, Florida.
Structured multiple real estate opportunity zone transactions, including a transaction in excess of $125 million in central Florida and transactions locally that also included a tax deferred like kind exchange and the monetization of federal and state historic tax credits.