Real Estate - MAY 17, 2019

Venture capital funds jump into opportunity zones

by Andrea Zander

Venture capital firms are starting to launch and raise funds to invest in companies located in designated opportunity zones, where investors can get protection from certain taxes, reported Business Insider.

Venture capital funds that have been set-up are targeting companies in Scranton, Pa.; Brooklyn, N.Y.; Newark, N.J.; and Provo, Utah. And real estate is one of the sectors they are focusing on.

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