Thursday, 9 May 2019

Former NJ Gov. Chris Christie wants to raise $150M Opportunity Zone fund

Chris Christie is getting into real estate. The former New Jersey governor has co-founded a property investment fund with his wife, the Wall Street Journal reported.The aim is to raise $150 million. The fund looks to take advantage of Opportunity Zones, which is a federal program that gives tax breaks for development in low-income areas. The zones are part of the tax overhaul and allow investors to defer capital-gains taxes by investing in qualifying real […]



source https://therealdeal.com/2019/05/09/former-nj-gov-chris-christie-wants-to-raise-150m-opportunity-zone-fund/

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