OZ 19

St. Clair is the investor and brainchild behind the $70 million Puerto Rico Film District, which should be inaugurated by the summer of 2021. Once completed, the 580,000 square-foot facility, which will include five studios along with production and editing facilities, will be the largest film studio in the Caribbean and is expected to create some 2,000 jobs.

Business as Usual for St. Clair and his Investments in Puerto Rico British businessman unfazed about corruption scandals in Puerto Rico government

https://www.inc.com/rebekah-iliff/why-investors-are-taking-big-bets-on-land-of-oz.html

Why Investors Are Taking Big Bets on the Land of OZ The 2017 Tax Cuts and Jobs Act makes "Opportunity Zones" an ideal place for entrepreneurs and investors to build thriving, growth-oriented companies of the future.

According to CEO Dan Rosensweig, Opportunity Zones are a “natural fit” to Habitat for Humanity’s goals and mission. “We would have to attract significant investment one way or another, and we think this has a lot of potential.”

Shorewood Real Estate Group Shorewood Real Estate Group LLC is a multi-strategy real estate investment platform that specializes in the acquisition, financing and development of institutional quality assets in major gateway markets in the U.S.

OZ 19 OZ19 Puerto Rico Opportunity Zones Investors Conference

Poverty Is a Bigger Problem Than Gentrification Millions of people languish in decaying cities, while a relative few are pushed out of reviving neighborhoods.

Interesting article:

Poverty Is a Bigger Problem Than Gentrification Millions of people languish in decaying cities, while a relative few are pushed out of reviving neighborhoods.

"Technology and Start-Ups in Opportunity Zones
The IRS proposed some safe harbors for meeting the 50% Gross Income Test that Qualified Opportunity Zone Businesses must meet. The business must meet only one safe harbor. I find the first two particularly welcome for tech and online companies: 1.) 50% of services performed (BASED ON HOURS) must be performed inside the opportunity zone, or 2.) at least 50% of COMPENSATION PAID to employees and contractors in the opportunity zone. Implications seem to be that company can have offices and employees anywhere in the world as long as one of the safe harbors is met. " Tripp Cane

August 2019!

OZ 19 - Opportunity Zones Expo on August 21, 2019.

More details coming soon!

https://www.youtube.com/watch?v=l5QDRnT0Cm8&feature=youtu.be

OZ 19 Opportunity Zone Investors Conference PR

https://therealdeal.com/miami/2019/02/15/so-many-opportunity-zones-so-many-questions-for-developers-investors/

So many Opportunity Zones, so many questions for developers, investors Developers and investors are enamored enough with the federal Opportunity Zones program that they have been raising massive funds in hopes of taking advantage of the big tax incentive. But they remain cautious enough over of the program’s many unanswered questions that few have deployed much of th...

https://www.forbes.com/sites/joshuapollard/2019/02/11/3-new-hints-emerge-on-final-opportunity-zone-rules/

3 New Hints Emerge On Final Opportunity Zone Rules Subtle clues are finally emerging on Capitol Hill to suggest that progress toward reaching final guidelines on Opportunity Zones is well under way.