Impact Investing via Opportunity Zones: Jay Parsons & Whitson Huffman in Conversation
The opportunity zone (OZ) designation can be a supercharger to a transformation already on the brink – a win-win that’s good for communities, renters, businesses and investors. This is precisely the story of the Scott’s Addition neighborhood in Richmond, Virginia, as discussed by Capital Square co-CEO and chief investment officer Whitson Huffman and acclaimed rental housing economist Jay Parsons in this conversation packed with investment insights.
Skip to key moments within the video:
- What was the history of Scott’s Addition prior to opportunity zones? (jump to 0:05)
- How have opportunity zones reshaped neighborhoods and cities? (jump to 3:38)
- What has been the economic impact of opportunity zones? (jump to 4:16)
Learn more about opportunity zones:
- “Capital Square’s Opportunity Zone Transformations”
- “An Investment Case for Qualified Opportunity Zones: Program Analysis & Markers of Success”
Discover Capital Square’s newest qualified opportunity zone fund (QOF) offering:
Contact the Capital Square team to continue the conversation.
Disclosure: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short-term leases associated with multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.
