Only 13 states have a higher percentage of opportunity zones than Texas, according to a recent analysis by American City Business Journals. To read full article, CLICK HERE.
Land of opportunity (zones): Clock is ticking to make the most of economic incentives for development
Opportunity zones are the federal government’s attempt to spur economic development in low-income census tracts, but they’re also a new way for investors to significantly cut and delay their tax bill from reinvesting capital gains. Here’s what the experts really think about opportunity zones. To read full article, CLICK HERE.
Huge Changes On East Austins Horizon
Austin’s east side is changing by the day. It’s a playground for developers big and small, the subject of Austin’s gentrification discussions and has offered some of the best real estate investment opportunities in the past decade. To read full article, CLICK HERE.
Austin’s opportunity zones expected to see increased investment, development in 2020
Real estate professionals and the investment community expect development activity to increase in the 21 census tracts in the Austin area that qualify as federal opportunity zones. Those zones, created as part of the 2017 federal tax cut, were designed to promote investment in distressed communities and adjacent tracts by allowing investors to reduce or delay […]
URBAN EAST’ MULTI-FAMILY OPPORTUNITY ZONE DEVELOPMENT SET TO BREAK GROUND ON EAST RIVERSIDE
Project to Include 518 Residential Units, Ample Parking, Extensive Amenities, and 50 Percent of Residences Designated for Affordable Housing River City Capital Partners LLC, in partnership with Battery Global Advisors, LDG Development and the Housing Authority of the City of Austin, today jointly announced the planned groundbreaking for the first phase of Urban East, a […]