• Kramer Levin lawyers have been at the forefront of the Opportunity Zone program since it was established in late 2017 through the passage of the Investing in Opportunity Act, which was designed to stimulate private investment in economically distressed communities. Whether representing an investment manager in the formation of an Opportunity Zone Fund, a real estate developer in the acquisition and development of real property in an Opportunity Zone, or a business owner or investor looking to take advantage of this program, our multidisciplinary team of real estate, tax and investment management lawyers is well-positioned to help clients expertly navigate the emerging regulatory landscape and invest with confidence.

    Opportunity Zones are of particular interest in the real estate industry. With one of the largest and most sophisticated real estate practices in New York, Kramer Levin has extensive experience in every type of real estate transaction that could be utilized in an Opportunity Zone investment. Our tax and investment management lawyers are well-versed in the applicable rules, stay abreast of new guidances, and have extensive experience negotiating with the government agencies responsible for regulating this industry, including the IRS and U.S. Department of the Treasury, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission.