When Michael Tillman’s PTM Partners bought property in Overtown in February to build an 18-story apartment complex, it became one of the first Miami-based real estate firms to utilize the Opportunity Zone program. The federal program is seen by many as the biggest economic boost to the real-estate industry since the 1031 Exchange. But given the murkiness of the Opportunity Zone guidelines, developers have been slow to get shovels in the ground. Office developers were […]
source https://therealdeal.com/miami/2019/05/03/will-new-opportunity-zones-rules-propel-an-office-boom/#new_tab
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