Guiding Opportunity Zone investors and developers attracted by Oregon potential
Dunn Carney’s pragmatic approach to a highly complex set of circumstances helped move our project along efficiently.
STURGEON DEVELOPMENT PARTNERS
Dunn Carney’s pioneering Opportunity Zone lawyers work with investors, developers, fund managers and lenders who are exploring, investing, lending and developing in designated Opportunity Zones. Our Opportunity Zone Team is comprised of experienced real estate, tax, securities and business lawyers.
The Opportunity Zone program is part of the 2017 federal Tax Cuts and Jobs Act, enacted to drive long-term capital gains into low-income rural and urban communities through a myriad of federal income tax benefits and incentives.
Oregon’s Opportunity Zones were designated in May 2018. They are nationally perceived as some of the strongest real estate investment opportunities in the country under the Opportunity Zone program, and are attracting strong interest from investors, lenders and developers in Oregon and throughout the U.S.
Our Opportunity Zone lawyers know the federal code, regulations and guidelines and can advise investors, developers and lenders on all aspects of investment and development in an Opportunity Zone. In addition, Coni Rathbone is a prominent and willing presenter and writer about topics related to Qualified Opportunity Zones and Qualified Opportunity Funds.
During the last year, Dunn Carney attorneys have advised investors on the evaluation of various investment opportunities structured to qualify for federal income tax benefits under the Opportunity Zone program. We have also assisted developers with the formation and qualification of Qualified Opportunity Funds and the raising of capital and borrowing of funds for acquisition and development of real estate within an Opportunity Zone.
Articles by Coni Rathbone, Partner
An Opportunity presents itself in Portland: Opportunity Zones can yield tax advantages for investors of all sizes; Guest Column, Portland Business Journal, March 16, 2019