Stevan Pardo Quoted in Article on Opportunity Zones

Attorney Stevan Pardo said the extended deadlines allowed two clients — developers who separately launched two Opportunity Zone funds — to increase their capital raise. Through affiliates, they are separately developing a rental complex in Miami and a branded hotel in Hawaii. Pardo, a former developer who is now a partner in Miami-based firm Pardo Jackson Gainsburg & Shelowitz, PL, …

opportunity zones

Opportunity Zones: Are You Ready to Invest?

In April 2019, the U.S. Department of the Treasury issued its second set of proposed regulations related to the new Opportunity Zones tax incentive. The tax benefit was created in 2017 to encourage long-term investments in economically distressed communities around the country. There are two ways to invest in an Opportunity Zone: Create your own fund or invest in an existing one.