Sunday 24 February 2019

EJF Capital’s Opportunity Zone fund backs new Marriott Moxy hotel in Oakland

Marriott International is set to build one of the first new hotels that downtown Oakland has seen in years thanks to tax incentives stemming from the federal Opportunity Zone program. The 173-room Moxy hotel is set to open in 2021 and will be marketed to millennial travelers. The new hotel will replace a gas station at 2225 Telegraph Avenue in the Uptown neighborhood, which is a designated Opportunity Zone , a program created under President […]



source https://therealdeal.com/la/2019/02/24/marriott-moxy-hotel-set-for-oakland-thanks-to-ejf-capitals-opportunity-zone-fund/#new_tab

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