The Trump administration has signaled it wants to review a potential downfall in opportunity zones — gentrification. But whether the government's initiative would work depends on whom you ask.

The Federal Reserve has signalled it will be pursuing a dovish monetary policy for the time being. This should be good news for REITs, but don't be surprised if many view the development as merely a blip on a longer-term horizon.

Holliday Fenoglio Fowler, L.P., which worked on behalf of Beachwold, reports that the financing will be used to refinance existing debt on the 400-unit The Place at Alafaya in Orlando and to acquire Litchfield Place, a 76-unit development in Savannah.