Stevan Pardo

WASHINGTON, DC—During the government shutdown at the beginning of the year, not only did essential and not-so-essential services go unfilled, but also essential rules making and regulatory hearings—including a US Treasury Department hearing on additional regulations for Opportunity Zones that would further clarify how they are to be structured.

The Treasury Department has rescheduled the hearing for this week, to the relief of parties interested in investing in these zones. Time, in short, is running out for investors that have a capital gains for the tax year 2018 and want to make an investment, according to Stevan Pardo, Chair, Construction, Hotel and Litigation Groups of Pardo Jackson Gainsburg in Miami. The law, as it is understood right now, gives investors a six month window to make an investment for those gains, he tells

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Erika Morphy

Erika Morphy has been writing about commercial real estate at for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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