Events

The Federal Opportunity Zone Program in Real Time: Doing Opportunity Fund Deals Now

September 20, 2018 | Philadelphia and Webinar | Duane Morris LLP

Duane Morris will host "The Federal Opportunity Zone Program in Real Time: Doing Opportunity Fund Deals Now" program on Thursday, September 20, 2018, at the firm's Philadelphia office and via webinar.

Video Playback

About the Program

Tacked onto the Tax Cuts and Jobs Act passed last year, the federal Opportunity Zone (OZ) program could well become the most impactful federal incentive for equity capital investment in low-income communities. It is designed to access the United States’ $6 trillion in unrealized corporate and individual capital gains, encouraging investors in Opportunity Funds (OFs) to redeploy capital to finance new and expanded business activities in low-income communities nationally. Yet, regulations implementing this program still seem far off.
Our blue-chip panel will address:

  • How OFs are moving forward and closing deals now
  • The benefit to OF investors compared to traditional investments
  • Structuring OZ real estate and business investments
  • What to expect when negotiating an investment from an OF
  • How real estate developers and businesses in OZs can access OF investments

Moderator

Art Momjian, Partner and Chair of the Duane Morris Affordable Housing, Community Development and Syndication Practice Group

Speakers

Kevin Boes, President and CEO, New Markets Support Company
Zachary Chavez, Vice President, Virtua Capital Management, LLC
Matt Meeker, Partner, Novogradac & Company LLP

Closing Remarks

Brad Molotsky, Partner, Duane Morris LLP

About Duane Morris

Duane Morris LLP, a law firm with more than 800 attorneys in offices across the United States and internationally, is asked by a broad array of clients to provide innovative solutions to today’s legal and business challenges.