By Bisnow
Equity investment in opportunity zones has plummeted by nearly 70% this year as economic strain and uncertain tax breaks hold investors back despite the program’s approaching sunset in 2026.
A potential extension of the program under the next president has been pitched, but investors in the space say anyone who wants to take advantage of the program should do so as soon as possible.
“Anyone who wants to start a[n Opportunity Zone] project better start it,” StarPoint Properties CEO Paul Daneshrad told Bisnow. “I wouldn’t be investing into an OZ project in 2026 with the chance that it wouldn’t be grandfathered in.”
