Photo by Shutterstock

For some people, the Opportunity Zone initiative is a taxincentive-based investment program. But for NES Financial EVP ReidThomas, it's much more.

"This initiative was created to address one of the biggestissues our country faces by creating opportunities for all in thecommunities that have been left behind in this recent economicgrowth cycle," Thomas says. "As such, it has the potential to bethe most impactful economic development tool in US history."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.