Opportunity Zones—The Big Picture
Qualified Opportunity Zones (QOZs), created as part of the Tax Cuts and Jobs Act of 2017, are designed to stimulate economic development in underserved communities nationwide. This two-way benefit enables investors to give back to communities by creating jobs, supporting local businesses and stimulating economic growth while at the same time realizing significant tax benefits.
At the onset of QOZ legislation, the GPWM team, with its collective, unique experience in both real estate investment and asset management, quickly understood the magnitude of these tax benefits. While other asset management companies offer QOZ investment opportunities, GPWM has carefully monitored the evolution of the rules and regulations governing QOZs and has created a fund structure designed to not only qualify for, but also to maximize, these benefits. To date, we have raised and placed over $100 million of equity in Qualified Opportunity Zone projects.
Returns shown are derived from developer projected data. There are many factors that can cause the numbers to be higher or lower than illustrated including time, material and labor costs, rent and operating cost projections as well as interest rates. Potential property level returns will not be indicative of fund returns, due to many factors, which include, but are not limited to, hold period per project, concentration, and management fees. Nothing contained on this site should be construed as tax advice. Please consult your tax professional for specific tax advise. We are happy to visit with your tax professional to discuss Opportunity Zone specific regulations and how they may benefit you. Investments in real estate contain risks that should be understood before investing. The information on this site does not constitute an offering. An offering may only be made by the funds official PPM. Please contact us if you have questions about Opportunity Zone investing or to determine if you qualify to receive offering materials.
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