Even if an Opportunity Zones isn't in a low-income area, one participant says it can have value.

Commercial brokerage firm NAI James E. Hanson reports that the 8,500-square-foot vacant Howell Elementary School building was sold by the Board of Education to buyer Michael Tzezairlidis.

Woodmont Parc consists of three-story elevator buildings, garages, and a clubhouse that features a large resident lounge, game room, theater room, heated swimming pool and expansive sun deck.

ING Capital LLC closed $402 million in financing for Paramount Group to fund its acquisition of Market Center, a two-building 753,000-square-foot class-A office complex located at 555 and 575 Market.