Opportunity Zones: Understanding structuring issues for multifamily investments

Event Info

Register for This Event

As the Opportunity Zone (OZ) program continues to gain momentum, multifamily seems to be taking the lead in popularity for investment. Are you ready to take advantage?

Join us for a webinar that takes a deep dive into the practical structuring issues that need to be addressed as you consider offering an OZ investment into your next multifamily project.

First, we will walk through the math of a deal so attendees understand exactly how an OZ investment offers better returns to an investor and how the after-tax IRR works, as well as specially allocating tax losses, designing waterfalls, promoting interests and other cash strategies that can be leveraged. The presentation will then explore other considerations such as long-term governance issues, single asset versus multi asset fund structures, interim gains and more. 

We will also review important questions still awaiting guidance from the IRS and explore the benefits of leveraging a licensed broker-dealer and fund administrators to ease the potential for increased back-office burden.

Key learning objectives

After attending this webinar, participants will be able to:

  • Discuss how to structure an OZ deal for a multifamily project
  • Identify key financial issues to consider
  • Recognize open issues needing IRS guidance and how to plan for them 

Prerequisites

Attendees should have a basic understanding of the Opportunity Zone program.

Who should attend

  • Owners and developers of multifamily housing, including market rate, affordable, senior living, workforce and more
  • Construction contractors or other stakeholders in the multifamily housing industry interested in understanding more about the OZ program

Presenters

  • Don Bernards, Partner, Baker Tilly
  • Mike Fitzpatrick, Executive Vice President, Baker Tilly Capital
  • Chase Inda, Partner, Baker Tilly

Information about CPE eligibility

There is no cost to attend this event.

Level: intermediate
CPE credit: one (1) hour total credit
Field of study: Taxes

A certificate of completion will be emailed to you four to six weeks after the event.

For more information regarding administrative policies such as complaint and refund policies, please contact Heather Eggers at 608 240 2522.

Baker Tilly Virchow Krause, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: learningmarket.org.