Thursday 28 February 2019

When it comes to Opportunity Zone sites, investors say buy now, plan later

The rush to buy Opportunity Zones sites has already begun, but then what? Investors have started buying up properties and vacant land in designated Opportunity Zones sites around the country, even though some have no set plan about what they will build, according to the Wall Street Journal. In one example, McDougal Cos. bought an 8,000-square-foot former movie theater in an Opportunity Zone in Lubbock, Texas, but isn’t sure how it will convert the theater. […]



source https://therealdeal.com/miami/2019/02/28/when-it-comes-to-opportunity-zone-sites-investors-say-buy-now-plan-later/#new_tab

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