Opportunity Zones at a Glance
The Tax Cuts and Jobs Act of 2017 created a once-in-a-lifetime tax incentive program for community reinvestment and development in the form of Opportunity Zones (“OZs”) – learn more in our white paper.
Investors can realize substantial, three-pronged tax benefits by reinvesting capital gains into long-term investments in Qualified OZs – areas designated by cities, states and the federal government for economic development.
Of OZs are located in zip codes with recent employment growth
Addressable monetization opportunity(1)
(1) Source: Economic Innovation Group
(2) Source: Wall Street Journal
McNally’s Capital Across America OZ Program
|Selectively, directly invest in premier OZ projects across the country|
|Access high-quality investment opportunities targeting strong returns on a standalone basis|
|Realize the full economic benefits of OZ tax incentives|
|Leverage McNally's OZ platform alongside Real Estate Industry Expert, Joseph Cahoon|
|Partner alongside top-tier family offices with an aligned, long-term investment focus|
Investment access, screening & diligence
Partnership with local developers
Selective project diversification
Simplified investment transparency
Ongoing compliance & monitoring
Asset TypeGround-up, mixed-use developments featuring combination of multifamily, office, retail, hotel, etc.
Community EngagementDevelopers have stable, embedded relationships with local politicians and community stakeholders
OwnershipFamily-held or developer-acquired; seeking long-term family office partners
DeveloperLocal developer with a demonstrated track record of delivering strong returns to investors
AlignmentLong-term partner for 10+ years; both with McNally and with family office investors
GeographyGrowing secondary markets with favorable demographics and momentum since 2010 census
Project OriginationUnder development prior to the Opportunity Zone announcement as part of the Tax & Jobs Cuts Act
Holding Period10-year minimum with possibility to hold for 15+ years
Project ReturnsStrong returns (12-15% IRR projects on 10-year hold) that are further enhanced with OZ tax benefits
Equity Investment$25M+ of targeted equity needs
LEARN MORE AND STAY INFORMED
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