O-Zone funds work to regain mo; still ‘attractive option,’ says Dan Gauthier, RLG transactional attorney handling many Opportunity Zone investments

By Beth Mattson-Teig | National Real Estate Investor COVID-19 has created a new headwind for developers and sponsors raising capital for opportunity zone (OZ) investments. The 2017 tax reform legislation that created OZs unleashed a frenzy of new funds and groups chasing what was projected to be billions of dollars in fresh investment capital aimed at revitalizing economically distressed communities. …

How COVID can affect your contract, feat. RLG attorneys Dan Gauthier and Olen Lenets

Arizona Commerce Authority Catch Rose Law Group attorneys Dan Gauthier and Olen Lenets on Arizona Commerce Authority’s “Small Business Bootcamp” webinar tomorrow at 9am as they talk force majeure and other contractual matters that have come to the legal forefront during the pandemic crisis. This session will help you identify stipulations in your contract that would qualify COVID-19 as a force majeure clause, potentially excusing binding performance obligations. …

[PODCAST] The Rose Report: ‘Immigration and DACA.’

On this episode of The Rose Report, hosts Wafa Shahid, Dan Gauthier and Olen Lenets interview Rose Law Group Immigration Chair Darius Amiri about the upcoming Supreme Court decision on DACA (Deferred Action for Childhood Arrivals). Any day now, the Supreme Court could hand down a decision that decides the fate of 800,000 DREAMers who have been allowed to live and work in the U.S. without the threat of deportation. …

[PODCAST] The Rose Report: ‘Force Majeure.’

On this episode, hosts Wafa Shahid, Dan Gauthier and Olen Lenets introduce The Rose Report and dive right into the first topic: Force Majeure and COVID-19. The Rose Report is a legal podcast hosted by Rose Law Group – a full-service law firm based in Scottsdale, Arizona. The goal of this podcast is to analyze current events from a legal context so that you, our listeners, are better equipped …

Home prices continue rising in O-Zones; Dan Gauthier, RLG transactional attorney handling many Opportunity Zone investments, comments

AZ Business Magazine | AZBigMedia ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its first-quarter 2020 special report analyzing qualified Opportunity Zones established by Congress in the Tax Cuts and Jobs act of 2017 (see full methodology below). In this report, ATTOM looked at about 3,000 zones with …

Federal Reserve expands business-lending program; RLG attorney Dan Gauthier comments

HousingWire By Nick Timiraos | Wall Street Journal The Federal Reserve will expand loan offerings and qualification rules for its forthcoming $600 billion lending effort designed to reach small and midsize businesses hit by the coronavirus pandemic, the central bank said Thursday. The Main Street Lending Program, unveiled earlier this month, will now allow larger businesses to participate in the program, …

Small businesses should keep applying for SBA help

By Mike Sunnucks | Rose Law Group Reporter That was fast. The U.S. Small Business Administration has exhausted the $349 billion assistance and loan program set up to help small business survive economic fallout and closures from the Coronavirus. The Trump administration and Congress are looking at adding another $250 billion to the COVID-19 small business program. Rose Law Group attorney Dan …

Three things to know before investing in Opportunity Zones. Dan Gauthier, RLG transactional attorney handling many O-Zone investments, provides further insight

  By Caroline Kane | Forbes When looking for new ways to grow a multifamily investment portfolio, new ventures sometimes can be found in the unlikeliest of places. Qualified opportunity zones, for example, are designated by a federal tax incentive program as “designed to spur economic development and job creation in distressed communities throughout the country and U.S. possessions by providing tax …

Senate Republican plans bill to alter Opportunity Zones. Dan Gauthier, Rose Law Group transactional attorney handling many O-Zone investments, comments

Bloomberg Tax Sen. Tim Scott (R-S.C.) is considering a bill that would let state and local governments amend the census tracts they chose for the opportunity zone tax breaks. Officials would be able to change a small percentage of the tracts, Scott said Wednesday at the United States Conference of Mayors meeting in Washington. The measure would be the latest …