The Georgia Department of Economic Development (“GDEcD”) and the Georgia Department of Community Affairs (“DCA”) hosted an Opportunity Fund Stakeholder Meeting Tuesday, October 30, 2018. The meeting served to bring together interested parties to hear from panels of Federal Opportunity Zone experts presenting on a variety of topics.
Among the panelists were Sixty West Funds Principal Jason Cordon, and Devlin Dwyer of Brodnan Dwyer. Both Mr. Cordon and Mr. Dwyer spoke on the importance of PPM set up, as well as a liquidation strategy for investors. Other topics on the panel included how to identify and address community need, develop corresponding developments, and capitalize on the deferred gains offered through the Opportunity Zone Program.
Additionally, Mr. Cordon highlighted Sixty West’s dedication to effective education. When asked about the most beneficial communication strategy, Mr. Cordon replied that Sixty West Funds “has found a lot of success in educating investors and other interested parties about the program. Knowledge is one of our most powerful tools, and especially where compliant tax alternatives and real estate cross over.”
Attendees included local Georgia investors, developers, and advisors from municipalities throughout the state.
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