Project-Driven Opportunity Zone Funds, with Greg Genovese (Episode #5)
What does a project-driven Opportunity Zone fund actually look like?
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Show Notes
What does a project-driven opportunity zone fund actually look like? Where do investor dollars go? What's the fee structure? And what kind of positive social impact does it have on the community?
Greg Genovese is president of Seattle-based Sound West Realty Capital, a full-service real estate firm raising funds for a re-development project in Bremerton, Washington. Greg and I discuss what investors should look for in any opportunity zone investment, the business case for opportunity zone investing west of Seattle, and why he thinks shovel-ready, project-driven OZ funds excel, compared to blind-pool OZ funds.