On the Opportunity Zone Expo Podcast, we have conversations with people who truly know the Opportunity
Zone market. From investors, fund managers and developers to tax specialists, politicians and attorneys,
our podcast will present the industry's most influential voices. If it involves Opportunity Zones, you'll hear about it here.
Property developer Martin Muoto came to Southern California by way of Nigeria. The Wharton graduate chose to make his mark in perhaps the toughest neighborhoods in America - South Central LA. His vision and determination is resurrecting neighborhoods most investors would rather avoid. His improbable story is one of the best I've ever heard on this podcast. It's a prototype Opportunity Zone success story.
Jerry McGaughy walked away from a very comfortable life because he knew it was the best way for him to help those who need it most. His plan for deploying Opportunity Zone funds in the neediest neighborhoods is nothing less than ingenious. If anyone is going to make a positive impact in the Opportunity Zone space, it's Jerry McGoughy.
Scott Krone got his formal education as an architect. His mentor though gave him a meat-grinder, ground-up education in every aspect of real estate funding, design, development, and management. That brutal training period is paying huge dividends now - both for his companies and his customers.
The disposition of a U.S. real property interest by a foreign person is subject to the Foreign Investment in Real Property Tax Act - known as FIRPTA. It's not something we've discussed before on the podcast. Yet there's no reason why foreign persons cannot or should not benefit from investment in opportunity zones.
Warren Collier sold house numbers as a kid, jumped out of airplanes as a paratrooper, and published articles in an academic chemistry journal. But he found his true calling in financial services , teaching people how to turn money into wealth.
So the Opportunity Zone program was a natural fit for him. His company - Black Wealth Group - is the right vehicle for investors who share his vision and passion for bringing the American Dream home to those who need it most.
Peter Hirschberg's early experience with government was the opposite of positive. His private industry experience rewarded fast prototyping, fast iteration and cooperative development.
Now, with Maker City, he may have found a way to merge the speed and innovation of Silicon Valley with the potential for social good embodied in the OZ program.