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May 15, 2019  

Real Estate Funds Beckon Managers

Real estate investment firms are seeking $20.2 billion of equity for tax-advantaged funds targeting developments in low-income areas.A survey published by sister publication Real Estate Alert on May 8 found 51 commingled funds set up to invest in development and redevelopment projects within “opportunity zones” designated by the federal government. Investors in the vehicles will be able to defer and reduce capital-gains taxes on...

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