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Banks may soon have the incentive they need to sink huge amounts of money into Opportunity Zones, the controversial Trump administration tax abatement program that has seen tepid investment levels to …

1. What is the Opportunity Zones program and where does it target? Enacted late last year as part of the federal tax overhaul, the Opportunity Zones program provides tax incentives to developers who i…

PTM Partners joined Kushner Companies as a joint venture partner in a major multifamily development in Miami’s Edgewater neighborhood. PTM, an Opportunity Zone-focused real estate development firm bas…

UPDATED, Jan. 3, 1:30 p.m.: As investors rushed to invest in Opportunity Zones before the end of the year, Driftwood Acquisitions & Development and Merrimac Ventures locked in their first deal in the …

President-elect Donald Trump has made clear that he will reward loyalty, and he’s looked to longtime friends and supporters in the real estate industry to fill cabinet positions and other roles. His…

Investors and developers in Miami-Dade County have been pouring money into Opportunity Zones. From April through September, property sales in those areas tallied $942 million, a 25 percent increase fr…

New York hedge funder Spencer Waxman paid $7.7 million for the Bank of America Center in Miami’s Allapattah neighborhood. Records show a company managed by Waxman and his wife bought the 68,174-square…

Affiliated Development scored a $19.3 million construction loan from City National Bank to build its The SIX13 apartment project in a Fort Lauderdale qualified Opportunity Zone. Fort Lauderdale-based …

UPDATED, Aug. 9, 1:25 p.m.: Michael Tillman’s PTM Partners and Estate Investments Group scored a $55 million loan from Bank OZK to build an 18-story apartment project in an Opportunity Zone in Overtow…

Avra Jain is a believer in Miami’s Midtown office market. The area, near Wynwood and the Design District, has thousands of apartment and condo units recently constructed. In addition, some of the neig…

A short drive from downtown Miami, colorful murals highlight the Haitian diaspora and pink and yellow island-themed buildings dot Second Avenue in Little Haiti. Among the traditional Creole eateries, …

A crowdfunding startup is launching a $500 million investment fund to focus on developments in distressed areas that the federal government has made eligible for generous tax break. Washington, D.C.-b…

Puerto Rico Gov. Ricardo Rosselló is trying to entice investors to the island’s hotel sector with a flagship $120 million deal and new tax credits. On the second day of New York University’s Internati…

SoLa Impact, an affordable housing developer based out of South Los Angeles, has gotten another $50 million investment in its Black Impact Fund. The California State Teachers’ Retirement System invest…

UPDATED, July 12, 9:13 a.m.: TSG, Lineare Group and Bridge Investment Group scored a nearly $38 million construction loan for a multifamily project in an Opportunity Zone south of Wynwood. Bank OZK is…

At 9800 Grape Street in the Watts neighborhood of southern Los Angeles, gone are the low-rise complexes that were the epicenter of the Rodney King riots. In their place stand rows of wood-frame skelet…

UPDATED, Oct. 30, 1:30 p.m.: Areas near the Virgin Trains USA stations in Overtown and Fort Lauderdale could see a wave of new affordable housing. JPMorgan Chase announced on Wednesday it plans to inv…

The rubber is finally hitting the road in Los Angeles’ Opportunity Zones. When looking at the biggest commercial sales in the L.A.’s zones over the past six months, evidence of the federal program’s p…

Baskir Capital Management bought a TD Bank branch in North Miami Beach for $6.6 million amid increasing investor interest in the area. The New York-based real estate firm bought the 4,676-square-foot …

When Avra Jain started redeveloping the historic Vagabond Hotel in 2012, people thought she was crazy. With few tourist destinations nearby, the debris-ridden, mosquito-infested former motel on Biscay…