HISTORIC TAX CREDITS ARE NOT HISTORY
In June, Moxie closed and funded University Center QOF 1, which intends to invest in mixed-use real estate in a Qualified Opportunity Zone in Rock Hill, SC. The planned project would result in $30 Million of investment in the community...
Last month, Moxie closed and funded Sherbert Group QOF, which intends to invest in mixed-use real estate in a Qualified Opportunity Zone in Rock Hill, SC. The planned projects would result in $20 Million of investment in the community....
On July 18, Aaron Mayer with The Sherbert Group presented a technical overview of Opportunity Zones at the Convening for Opportunity event in Wilmington, NC. With more than 100 participants, this was the latest Sherbert presentation in...
On May 22, 2019 the Internal Revenue Service Office of Chief Counsel issued a memorandum on Noncompliance of Common Area for purposes of Internal Revenue Code Section 42, Low-Income Housing Tax Credits. The most interesting thing to no...
The Sherbert Group is excited to announce the May 2019 closing of South Line at Perry Place, the $57M adaptive reuse of historic buildings in the Brown & Williamson plant in Petersburg, VA. The project will use tax-exempt bonds, 4%...