Affordable housing project breaks ground in Downtown Phoenix opportunity zone; Dan Gauthier, Rose Law Group transactional attorney handling many OZ investments, comments

^{(Disclosure: Rose Law Group represents Defer Gain.)}

By AZRE | Via AZBigMedia

Pacific Oak Capital Advisers and Defer Gain broke ground on the St. Ambrose housing development located at the southwest corner of 12th St. and Van Buren St. in Phoenix on October 14 at 1155 E. Van Buren St.

The one-of-a-kind project located in a downtown Phoenix Opportunity Zone is expected to reinvigorate the Van Buren area, earning the support of Mayor Kate Gallego and other Phoenix dignitaries.

The groundbreaking will be moderated by Michael Lafferty and Scott Tonn of Defer Gain. The event will include remarks from District 8 Councilmember Carlos Garcia as well as other dignitaries.

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The St. Ambrose project will not only provide needed affordable housing in downtown Phoenix, but also offers beneficial tax incentives through the opportunity zone program.
Dan Gauthier, Rose Law Group Attorney

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October 19, 2020

Phoenix

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