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Starwood Capital Commences First Two Opportunity Zone Projects

Miami Firm Sets Sights on Mixed-Use Project in New York City, Apartment Building in Los Angeles
Starwood Capital Group's 550 Harborfront apartment project is located in the Los Angeles neighborhood of San Pedro. Illustration: Starwood Capital Group
Starwood Capital Group's 550 Harborfront apartment project is located in the Los Angeles neighborhood of San Pedro. Illustration: Starwood Capital Group

Just a couple of weeks after the IRS released more definite guidelines for taking advantage of tax incentives for investing in federally designated opportunity zones, Starwood Capital Group, a global private investment firm, has sprung into action on its first two such projects.

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