Sep 4, 2019
The IMN Opportunity Zone Forum forum is being held in Chicago on September 19th. Listeners of the podcast can use code NSCM20 when registering for a 20% discount
Normandy Real Estate Partners is the latest major real estate player to launch an opportunity zone fund. The New Jersey-based fund announced its first development deal acquiring a property in Prince Georges County, Maryland. Normandy bought the property for 6.3 million and plans to demolish the existing building and develop at 160 thousand square foot warehouse.
Joining the podcast to discuss OZ markets and risk is Gavriel Kahane, Managing Partner and Chief Investment Officer of Opportunity Development Group or (ODG). ODG has launched a Qualified Opportunity Fund to invest in opportunistic development and redevelopment projects in targeted growth markets.