National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Cantor Fitzgerald, Silverstein Plan Opportunity Zone JV
New York-based Cantor Fitzgerald, L.P., and Silverstein Properties formed a joint venture focused on acquiring and developing real estate projects located in Opportunity Zones, as defined in the 2017 Tax Cuts and Jobs Act.
Cantor Fitzgerald, L.P.’s Howard Lutnick says, “Silverstein Properties is one of the country’s leading developers, and this joint venture enables us to quickly grow our Opportunity Zone investments to the benefit of the local communities.”
The joint venture targets investments in Opportunity Zones with third-party developers, as well as large-scale projects where Silverstein Properties is the developer. Such investments may include retail, office, industrial, hospitality and multifamily developments located in Opportunity Zones in major metropolitan markets.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development
- ◦Sale/Acquisition
