The Opportunity Zones program was crafted as a way to incentivize developers to invest in distressed areas. But recent funds set up by Kushner brothers-backed Cadre and other firms show that money could be heading to already gentrified neighborhoods. Cadre, the real estate crowdfunding platform partially owned by Jared and Josh Kushner, told prospective investors it will only target a small portion of the zones in certain cities, according to the Associated Press. The company […]
source https://therealdeal.com/miami/2018/12/17/some-opportunity-zone-funds-like-one-from-kushner-brothers-backed-cadre-target-gentrified-areas/#new_tab
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