Opportunity Zones
Search documents
Alfonso Costa Jr. to Join Greystone AF Manager LLC Board of Managers
Globenewswire· 2026-01-20 21:15
Core Viewpoint - Greystone Housing Impact Investors LP has appointed Alfonso Costa Jr. to its Board of Managers, which is expected to enhance the Partnership's focus on affordable housing investments [1][2]. Company Overview - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable multifamily, seniors, and student housing properties [4]. - The Partnership's strategy includes acquiring additional mortgage revenue bonds and leveraging investments to achieve growth, while also managing interest rate risks [4]. Appointment Details - Alfonso Costa Jr. will serve as a director of Greystone AF Manager LLC, effective January 15, 2026 [1]. - Costa has a strong background in residential real estate, previously serving as COO of the Falcone Group and holding a significant role in the U.S. Department of Housing and Urban Development [2][3]. - His experience includes overseeing a $70 billion budget for housing and community development programs and leading the bi-partisan Opportunity Zones program [2]. Educational Background - Costa holds a law degree from Harvard University, a master's degree from the University of Oxford, and a bachelor's degree from Yale University [3]. Board Independence - Due to a current advisory relationship with an affiliated entity of Greystone Manager, Costa does not meet the independence standards set by the New York Stock Exchange and the Securities and Exchange Commission [3].
Belpointe PREP: Still An Interesting Speculative Growth Play In The REIT Sector Trading At 0.5x NAV
Seeking Alpha· 2025-11-22 13:00
Core Viewpoint - Belpointe PREP, LLC (OZ) is positioned as a unique real estate company focusing on opportunity zones, which provides tax advantages to investors [1] Company Overview - The fund is managed by Labutes IR, a Fund Manager/Analyst with over 18 years of experience in the financial markets, specializing in the financial sector [1]
Peachtree Group Announces Grand Opening of Tru by Hilton Huntsville, Alabama
Businesswire· 2025-11-19 13:55
Core Insights - Peachtree Group has announced the grand opening of the Tru by Hilton hotel in Huntsville, Alabama, marking it as the sixth property completed and opened by the firm this year [1][2]. Company Developments - The 98-room hotel is strategically located near major employers such as Boeing, NASA, and the FBI's Huntsville campus, contributing to the area's economic growth [2][3]. - Peachtree's hospitality management division will operate the new hotel, which features modern amenities and a design focused on comfort and connectivity [3][5]. Market Context - The hotel is situated in a Qualified Opportunity Zone (QOZ), a designation aimed at spurring economic development in low-income areas, and aligns with Peachtree's strategy of investing in underserved communities [4]. - Peachtree has been active in developing hotels in QOZs, having opened 12 hotels with three under construction and three more in the pipeline [4]. Strategic Partnerships - The partnership with Hilton is emphasized as a key element of Peachtree's growth strategy, with a focus on developing high-quality hotels in markets with strong demand [2][3].
X @The Wall Street Journal
The Wall Street Journal· 2025-07-17 15:44
For Opportunity Zones 2.0, Republicans reshaped the program to aid rural America. If the changes work, they will spur growth in struggling places where Donald Trump won huge majorities. https://t.co/KzVq4NPIW9 ...