opportunity zones

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opportunity zones

The Upside of Opportunity Zones for Hotel Developers and Hotel Owners

Nicole Ament | February 26, 2019

By Nicole Ament and Erik Jensen One of the products of the Tax Cuts and Jobs Act, Qualified Opportunity Zones could have a significant impact on real estate development in 2019, including the hotel industry. While developing in an opportunity zone will not turn a bad hotel deal into a good deal, it can generate an increased pool of interested investors. Hotel investors may not see the immediate potential of opportunity zones given that the census tracts designated as Qualified Opportunity Zones are technically low-income neighborhoods. However, a closer study of the Qualified Opportunity Zones map reveals that in many key markets the op...

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