Orlando Opportunity Fund Management has launched its opportunity zone (OZ) fund, Orlando Opportunity Fund, in Central Florida.
“In Orlando, we are proud to have a reputation as a city that is a prime location for real estate investment with a robust entrepreneurial ecosystem where entrepreneurs and startup companies thrive,” said Buddy Dyer, Orlando mayor. “Orlando Opportunity Fund’s decision to create an investment fund specifically for startups and commercial real estate ensures we are continuing to remove barriers and create equal opportunities for all entrepreneurs and startups to succeed.”
Donna Mackenzie, CFO and COO, added, “We recognized that opportunity zones have the potential to catalyze inclusive economic growth by leveraging these tax incentives. Our fund differentiates itself by focusing on both commercial real estate and tech startups with the goal of providing investors the returns they would expect from real estate investments and the potential upside that startups can bring to their portfolio.”
An investor in Orlando Opportunity Fund, Gregg Pollack, categorized it by saying, “I was attracted to this fund because of its intention to invest in my community, here in Central Florida. I also like that some of the funds are going towards startups, as I see great opportunities flourishing here which could accelerate with additional funding.”
