Media Mentions

Aug 20, 2018

Steve Meier quoted in Real Estate Finance & Investment

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Steve Meier was quoted in an August 20 story from Real Estate Finance & Investment, "Fund managers race to tap into opportunity zone legislation," on how lawyers are working to ensure that funds are complying with certain provisions of the new law, including one that states that the fund must hold at least 90% of its assets in opportunity zone property, which is measured twice a year. Any funds that can’t meet that standard during the check-in will be subject to a hefty fine, which Meier describes as a financial death penalty to those funds that determined to have failed to qualify.