Events

Doing Deals in the Land of OZ Webinar Series

More Information and Registration for Upcoming Sessions in the Series

Past Sessions

December 9, 2020 | Leveraging OZ Tax Incentives – Combining OZ Benefits with City and State Programs

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive, with updated guidance in June 2020 that extended the investment period and allowed greater flexibility. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. Join us for a discussion of ways to maximize gains from OZs by using local incentives to minimize your tax burdens with advice from the frontlines.

Moderator: Brad Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Catherine Califano, First Deputy Director, Department of Planning & Development, City of Philadelphia

Presenter: Brian White, Chief Financial Officer, Opportunity Zone Development Group

Presenter: Troy Adams, Vice President of Real Estate, NFI

Presenter: Nick Marietti, Managing Director, Real Estate, Cresset Partners

November 11, 2020 | Deals Closed Thus Far and Deals Closing in Q4

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive, with updated guidance in June 2020 that extended the investment period and allowed greater flexibility. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. Tune in to hear tales from the frontline, including success stories from 2020, deals expected to close by year-end – the good, the bad and what’s coming down the pike.

Moderator: Brad Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Louis Dubin, Managing Partner, Redbrick LMD

Presenter: Leslie Smallwood-Lewis, Partner, Mosaic Development Partners

Presenter: Zale Tabakman, President, Local Grown Salads

October 14, 2020 | Fall 2020 Update: Can Multifamily Investments Help Pave a Socially Impactful Yellow Brick Road?

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive, with updated guidance in June 2020 that extended the investment period and allowed greater flexibility. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. Among the interesting developments in this space is the increased demand for multifamily rentals and growing investments in this type of property. Tune in to hear tales from the frontline, including lessons learned and pitfalls to avoid in the final regulations and how investors have been making deals.

Moderator: Brad Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Anthony B. Miles, Principal, TPP Capital Group

Presenter: Chris Gigliotti, Principal, Cornerstone Community Partners

Presenter: Joseph Scalio, Co-head, KPMG Opportunity Zone Group

September 2, 2020 | How the Pandemic Has Affected Your Deals

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive, with updated guidance in June 2020 that extended the investment period and allowed greater flexibility. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. While the COVID-19 pandemic has greatly affected deal-making for lenders and investors, those with completed projects have gained crucial insight about what’s required for success. Tune in to hear tales from the frontline.

Moderator: Brad Molotsky, Partner, Member, COVID-19 Strategy Team and Co-head, Duane Morris Opportunity Zone Group

Presenter: Peter Farrell, Partner and Co-founder, City Interests Development Partners and PADC Realty Investors LLC

Presenter: Eugene Podokshik, President, First Fidelity Brokerage

Presenter: Bobby Pokora, Founder, Monolith Construction LLC

Presenter: Susan Springsteen, President, H2O Connected LLC

August 5, 2020 | Lessons Learned from GPs and LPs

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive, with updated guidance in June 2020 that extended the investment period and allowed greater flexibility. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. As deals have moved forward and closed, despite setbacks posed by the COVID-19 pandemic, investors have gained crucial insight about what’s required for success. Tune in to hear tales from the front line.

Moderator: Brad Molotsky, Partner, Member, COVID-19 Strategy Team and Co-head, Duane Morris Opportunity Zone Group

Presenter: Joan Kramer, Partner and Co-founder, Mountain Pacific Opportunity Partners

Presenter: Anthony V. Bastardi, CEO, Strategic Development Partners

Presenter: Zach Grendi, General Counsel, Within LLC

July 1, 2020 | Deals in Process – Emerging from the COVID-19 Shutdown | Webinar

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive, with updated guidance in June 2020 that extended the investment period and allowed greater flexibility. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. Even in the turmoil of the COVID-19 pandemic, deals have moved forward and even closed ‒ with some expected to make quick progress as local lockdowns are relaxed. Tune in to hear tales from the frontline.

Moderator: Brad Molotsky, Partner, Member, COVID-19 Strategy Team and Co-head, Duane Morris Opportunity Zone Group

Presenter: Zachary Grendi, General Counsel, Within LLC

Presenter: Evan Podob, Partner, Scenic Investments

June 10, 2020 | Closed Deals and Deals in Process

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive. The final regulations from April 2020 provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. Has anyone been doing deals in this environment? If so, how? The answer is yes, with some OZ deals having closed and others in the works. Tune in to hear tales from the frontline of this investment frontier

Moderator: Brad A. Molotsky, Partner, Member, COVID-19 Strategy Team and Co-head, Duane Morris Opportunity Zone Group

Presenter: Ari A. Schottenstein, Managing Principal, O3 Advisors LLC (QOZF)

Presenter: Steven Adler, Managing Director, Meridian Capital Group

Presenter: Zenith Shah, Co-founder, Authentic City Partners

May 6, 2020 | How Deals Are Going - Lending and Construction Loans in the COVID-19 Era

Webinar Replay

About the Program
On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (OZ) tax incentive. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. OZ funds with capital to deploy have both opportunities and questions—especially the latter, now that the COVID-19 pandemic has changed the way business is done. Tune in for lessons learned and valuable guidance.

Moderator: Brad A. Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Ray Boorojian, CEO, Wave Capital

Presenter: Denise Viola Monahan, Group Vice President, M&T Bank

Presenter: Michael Wachs, Founder and Managing Principal, Linden Lane Capital

April 1, 2020 | Opportunity Zones and Social Impact Investing—Myth or Reality?

Webinar Replay

Moderator: Brad A. Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Emily Lavery, Director of Policy to Sen. Tim Scott

Presenter: Lisa Woods, KPMG ESG Investing

Presenter: Graham Allison, Principal, Cargominium OZ, and CEO, Opportunity Zone Development Group

March 4, 2020 | Where Are the Deals and Why Have You Deployed Capital?

Webinar Replay

Moderator: Brad A. Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Jill I. Homan, LEED AP, President, Javelin 19 Investments

Presenter: James Solomon, Managing Partner, Ravinia Group

Wednesday, February 5, 2020 | OZ Funds – Trials and Tribulations: How They Are Now Deploying Capital and Where

Webinar Replay

About the Program

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones (“OZ”) tax incentive. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in OZs. OZ funds with capital to deploy have both opportunities and questions—how much money has been raised and where, how should they operate under the new regulations, what has worked and what has not.

Moderator: Brad A. Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Craig Bernstein, Chief Investment Officer, OPZ Bernstein

Wednesday, January 15, 2020 | The Final Regulations and What They Mean for Your Deal

Webinar Replay

Moderator: Brad A. Molotsky, Co-head, Duane Morris Opportunity Zone Group

Presenter: Anastasios Kastrinakis, Partner, Duane Morris LLP

Presenter: Joe Scalio, Senior Lead Tax Partner, KPMG

About the Webinar Series

On December 19, 2019, the U.S. Treasury Department and the IRS issued final regulations implementing the Opportunity Zones tax incentive. The final regulations provide helpful clarity for Opportunity Funds and eligible Qualified Opportunity Zone businesses in determining qualification and applying specific rules for their real estate and business investments in Opportunity Zones. The regulations also provide guidance regarding the types of gains that qualify for Opportunity Zone investments, as well as gains that may be excluded from tax after a 10-year holding period. Tune in to learn what the regulations are all about and what they mean for your deals.

Upcoming Webinar Sessions

Wednesday, December 2, 2020 | 1:00 p.m. to 2:00 p.m. Eastern

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.

Duane Morris oversees all types of tax-driven real estate investments, including structuring OZ investments and matching them with historic rehabilitation tax credits and federal and state low-income housing tax credits (NMTC and LIHTC). Our lawyers have helped guide the early phases of this emerging investment class. We know how to help clients analyze and implement the Opportunity Zone program. Our cross-practice team of corporate, real estate, finance, tax, private equity, family office, investment management and renewable energy lawyers collaborate to advise and provide full-service guidance to clients. We have closed more than 25 transactions to date representing developers, owners and investors.