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LATELY INTEREST IN COMMERCIAL REAL estate has been running high around Opportunity Zones and adaptive reuse, with the latter expected to be recognized as a distinct product category within commercial real estate by 2021.

It is little wonder as the business case for each category of investment is compelling; for various reasons they are good end-of-the-cycle plays. Not surprisingly, as they are both relatively new to the market—especially Opportunity Zones—participants have a lot of questions. What are the best development strategies for adapt? What is the latest word from the Treasury Department on Opportunity Zones? What is working right now for investors and what isn’t?

We answer a lot of those questions in this issue.

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Erika Morphy



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