CRE pros cool on scalability of opportunity zones

Commercial real estate players may be backing away from once alluring opportunity zones — tax breaks on reinvested capital gains that funnel into real estate and business projects in economically disadvantaged regions of the country.

  • By Alexander Saeedy
  • 12 Mar 2019

The program was established by Congress in the Tax Cuts and Jobs Act of 2017 and could spur up to $100bn of investment, according to White House estimates.

But as interest in the tax structure reaches fever pitch and financiers race to find ...

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