South Florida condo king now wants to build apartments in Opportunity Zone

South Florida’s condo king is so enamored with the Opportunity Zone program that he is looking to use it to build market-rate apartments in West Palm Beach. Related Group’s Chairman and CEO Jorge Perez said he plans to use the Opportunity Zones tax break for a waterfront parcel in the city, according to Bloomberg. Perez said market-rate apartments makes more sense now that it is in an Opportunity Zone. The Related project was not specifically […]

source https://therealdeal.com/miami/2019/04/11/condo-king-now-wants-to-build-apartments-in-wpb-opportunity-zone/#new_tab

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