Our partners and advisors in the real-estate practice area focus their extraordinary experience and skills on all aspects of the domestic and international real-estate sector. We are an experienced team of real estate and finance professionals building a traditional asset-backed portfolio empowered by the synergies of the GTG technology and industries platform.
100 years of combined real estate and financing experience
Over $5 billion in real estate transactions:
• Acquisition, reposition, ground-up development of multiple asset classes including retail, hospitality, office, medical, multifamily, self-storage, and mixed-use • Domestic and international
Tier-1 institutional real world experience:
• Merger and acquisitions • Investment banking • Private equity • Venture capital • Wealth management with experience in public and private equities including REITs • Enterprise software and Internet technology
Structured finance and oversight:
• Legal and regulatory. • Corporate governance and investor relations. • Finance and accounting with experience in public finance and taxation.
Social impact investing:
• Affordable housing • Workforce housing • Senior housing
Opportunity Zones were established in the Tax Cuts and Jobs Act of 2017 with extraordinary tax incentives to drive long-term investments in low-income urban and rural communities nationwide. Capital deployed in these zones receive tax benefits similar to a 1031 real estate exchange but applied to all types of capital gains.
Through this legislation, profits made through Capital Gains can be invested in Qualified Opportunity Zone Funds that if setup strategically can potentially double after tax profits from successful projects.
There are three tax advantages that come from this legislation:
Deferral of Capital Gains:
Any Capital Gains can be invested into a Qualified Opportunity Fund. Invested Capital Gains do not need to be recognized when the investment is sold or exchanged until the end of 2026.
Reduction of Capital Gains:
After a fund investment of 7 years, Capital Gains tax on the original Capital Gains is reduced by 15%. This is the equivalent of a 15% step up of basis in the original investment.
No Capital Gains Tax on Fund Profits:
After holding the investment for 10 years the Opportunity Fund’s profits will not result in any additional federal income taxes.
10 Year Timeline
Qualified Capital Profile
Qualified long and short-term capital gains for investment into these zones include gains recognizable from taxable transactions (within 180 days of realization) including: the sale of stocks, bonds, properties, partnership interests, etc. Gains taxed as ordinary income and gains from certain derivative contracts are not qualified. Individuals, C corporations (including REITs and RICs), partnerships and trusts can defer Capital Gains through Opportunity Zone investment.
If you have a $1M capital gain through stock, bond, business or property sale, instead of paying $238,000 in taxes, you invest $1M into the Activated Capital Opportunity Zone Fund that is focused on double bottom line returns. Let’s say in 2028, the Fund returns almost $2M including the original investment considering 8% ROI. No taxes are due on the $1M gain. You'll only pay $202,300 in deferred capital gains on first initial sale.
Where Are Zones Located?
Opportunity Zones are designated throughout the United States, including Alaska, Hawaii and Puerto Rico. You can explore sites in detail with this map.
ValeRoc is a Venture Management Investment Partnership (Fund) now launching to acquire, develop, manage and monetize private off-market real estate opportunities sourced from within our partner and advisor group.
Projects are carefully selected from our private pipeline that are well timed and that leverage the synergistic tools and resources of our business and technology platforms and portfolio companies.
In example, one of our key projects centers on a property that is adjacent to the developing Raiders Stadium in Las Vegas. Located in an Opportunity Zone, the project offers multiple promising scenarios for development and monetization.
If you would like access to more information about the Raiders Stadium adjacent project, please fill out the form at the bottom of this page. You will receive an invitation to our secure data room.
Access to the Raiders Stadium Project
If you have already received and accepted an invite to the secure data room you can go directly to the Overview Presentation Here. You can click the reset password link if you have forgotten your password. Once logged in you can click on the folder on the left to open the rest of the documents.