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GTIS Partners Launch Tax Advantaged Opportunity Zone Fund II

GTIS Partners Launch Tax Advantaged Opportunity Zone Fund II

GTIS Partners, a global real estate investment firm with $4.7 billion in gross assets under management focused on residential and industrial real estate investments, is launching its GTIS Qualified Opportunity Zone Fund II on July 1.  

Fund II is a continuation of the strategy employed by its predecessor GTIS Qualified Opportunity Zone Fund I, which raised $630 million of investor capital and placed among the top five largest Qualified Opportunity Zone (QOZ) funds raised to date.  

Fund I has committed to 15 investments mostly focused on large regional Sunbelt markets across multifamily, single-family rental and industrial property types.  

Investments in QOZs benefit from the provisions of the 2017 Tax Cuts and Jobs Act that allows tax deferral of capital gains realized from almost any asset, such as the sale of stocks, bonds, cryptocurrency, real estate, or K-1 partnership gains by investing the gains in designated Opportunity Zones. The most significant benefit is the eventual tax forgiveness of capital gains if the investment is held for a minimum of 10 years, provided the investment adheres to the requirements of the QOZ program. 

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About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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