August 23, 2019

Stonehenge Capital President Tom Adamek to serve on Opportunity Zones panel with Sen. Bill Cassidy

Stonehenge Capital President Tom Adamek and U.S. Sen. Bill Cassidy (R-LA) will discuss real estate investment through the Opportunity Zones Program, including the types of investments occurring nationwide, as well as the impact the program will have on area communities and businesses at Opportunity Knocks, a luncheon panel hosted by the Greater Baton Rouge Association of REALTORS Commercial Investment Division. The event will be held Thursday, September 5 from 11:30 a.m. to 1 p.m. at the Drusilla Seafood Ballroom on Drusilla Lane.

The Opportunity Zone Program is designed to incentivize patient capital investments in low-income communities nationwide by providing tax benefits to investors. These incentives are tied to the longevity of an investor’s stake in a Qualified Fund, providing the greatest return for those who hold their investment for 10 years or more. In Louisiana, 150 census tracts have been certified as Opportunity Zones, including 33 in the Capital region.

For more information on Opportunity Knocks, or to register for the event, click here.