Opportunity Zone Funds

The Qualified Opportunity Zone Program attracts long-term investment to economically distressed communities with the aim of stimulating growth and development. The program incentivizes investors with tax benefits on capital gains by encouraging them to re-invest in designated Qualified Opportunity Zones. Well-advised investors in, and sponsors of, Opportunity Zone investment programs need a partner who can help them seize the opportunities offered by this program, while navigating evolving regulations.

HOW WE HELP

Leveraging a coordinated, multidisciplinary approach, we help sponsors, investors, developers, and businesses bisect the details of sponsoring and investing in Qualified Opportunity Funds and take advantage of the unique tax benefits of the Qualified Opportunity Zone Program.

Our team is driven by Seyfarth’s talented and entrepreneurial tax group, with support from the firm’s highly experienced, leading real estate, capital markets, fund formation, and impact investment attorneys. Together, we have been closely monitoring the legislation since its inception and are currently working with clients to:

• Identify creative strategies and deal structures
• Design and implement new Opportunity Zone investment products
• Ensure securities law compliance, including registering Opportunity Zone program sponsors as investment advisers
• Evaluate potential opportunities for investments
• Meet eligibility requirements and comply with tax reporting obligations for investment in Qualified Opportunity Funds and their investment projects

To date, we have helped clients with several billion dollars of investments in Opportunity Zone projects and Qualified Opportunity Funds. Our team is also at the forefront of current developments, including engaging in comment letters to the IRS, speaking at trade association conferences, including OZ Expo, ADISA, the Institute for Portfolio Alternatives, and Bisnow, and are regularly quoted in the media.