January 2, 2019
Portland, OR-based RealCrowd launched a new marketplace to give everyday accredited investors access to newly- formed Opportunity Zone fund investments. The new offering will focus solely on investments offered by third party real estate sponsors that intend to be qualified Opportunity Zone fund projects.
RealCrowd’s Adam Hooper says, “Opportunity Zone projects are still in their infancy, and regulations related to these investments continue to be defined and clarified by the U.S. Treasury. That said, there are tax benefits that cannot be ignored by everyday accredited investors. One of the hallmarks of our platform is that we provide investors with access to opportunities that were previously only available to the most elite or largest investment firms. Opportunity Zone investments certainly fall into this category.”
Hooper notes this segment is likely to become a key investment strategy over the next decade for large institutional funds, fund managers, and commercial investors who are exploring the tax benefits of Opportunity Zones.
For comments, questions or concerns, please contact Dennis Kaiser