Our Opportunity Zones Team advises clients on all aspects of structuring investments in Opportunity Zones. Through the strength of our Tax, Corporate and Real Estate practices, we assist clients on everything from the structuring of a Qualified Opportunity Fund and investments in the Fund to the acquisition and development of property in the Opportunity Zone.
By offering investors the opportunity to defer the recognition of capital gains and realize a stepped-up basis in investments made in Qualified Opportunity Funds, Opportunity Zones, created by Congress as part of the Tax Cuts and Jobs Act of 2017, provide a means for developers and businesses in designated Opportunity Zones to attract capital that typically has not been interested in designated economically-distressed areas. We counsel clients on how they can best realize the benefits of the program, whether these clients are investors with capital gains to invest, property owners or developers with a project to fund or business owners seeking to expand their business.