Qualified Opportunity Zone Investing – Griffin Capital Company – 8.22.19

Summary:

On Demand Soon.

It has been more than a year and a half since the “Investing in Opportunity Act” was passed in December 2017, and since then there has been extensive media exposure regarding the potentially significant savings in capital gains taxes. Join us for an in-depth and interactive educational presentation that will cover the current state of the legislation, what we have learned about how funds will be structured, what strategies and property types will be pursued/developed, and how this reality compares to the original goal of stimulating private investment in low-income communities by offering substantial tax benefits. Specific session topics will include:

• Examination of potential tax benefits offered by Qualified Opportunity Zone Funds (“QOZFs”), including tax deferral, reduction, and elimination (“DRE”), and the upcoming deadlines for investors to qualify for all three layers of benefits
• Advanced analysis of QOZ legislation – including new guidance issued April 17, 2019 by the Treasury Department and IRS
• Investigation of QOFs in the market today, including key differences in structure, strategy, real estate asset classes, benefits, risks and critical timelines
• Profile of three main groups of investors who are showing keen interest in QOFs

Sponsors of this webcast may contact registrants. This webcast is for financial professionals only.

Speaker:

Mr. Rupert serves as President of Griffin Capital Company, LLC, and is involved in all aspects of the firm’s activities. He is a member of the Investment Committee of Griffin Capital Advisor, LLC, and Griffin Capital Credit Advisor, LLC, the respective investment advisors to Griffin Institutional Access^® Real Estate Fund, and Griffin Institutional Access^® Credit Fund, the firm’s ’40 Act interval funds focused on public and private real estate and global credit. Mr. Rupert also serves on the Investment Committee of Griffin American Healthcare REIT IV, Griffin’s partnership with American Healthcare Investors focused on the acquisition and ownership of clinical healthcare real estate. Additionally, Mr. Rupert serves as an officer and member of the Investment Committee of the Griffin Capital Qualified Opportunity Zone Fund, LP.

With over 35 years of commercial real estate and finance experience, Mr. Rupert’s career includes over $9 billion of transaction volume on four continents. Mr. Rupert has been President of Griffin Capital since 2010 and served as Chief Operating Officer of Griffin Capital from 2000-2008. Mr. Rupert’s career began in the early 1980’s when he worked for Chemical Bank (now JP Morgan) in the credit analysis, loan workout and commercial lending areas, and continued at investment banking firm Salomon Brothers (now Citi), where he was a senior member of the real estate finance department, working in various capacities providing advice and raising debt and equity capital for leading public and private real estate institutions and entrepreneurs; and heading the firm’s REIT underwriting effort. Mr. Rupert and Mr. Shields met while working together at Salomon. Between 2008 and 2010 Mr. Rupert co-headed an opportunistic hotel fund in partnership with The Olympia Companies and served as partner in a private equity firm focused on hotel and multifamily residential development in Eastern Europe.