Virtua Partners is a global private equity firm with a specialty in commercial real estate. It holds significant investments in hotels and other hospitality properties throughout the country. Virtua Partners has targeted a $500m hospitality fund that will largely be deployed via Opportunity Zones, acquisitions and new development.
Opportunity Zones Investing
Defer capital gains tax with Opportunity Zones under the Tax Reform Act
The recently passed Tax Cuts and Jobs Act of 2017 created Opportunity Zones, which are specially created geographic districts that grant investors tax breaks for investment capital – including tax-free income.