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QOZ Knowledge Center

As the full set of rules and regulations are pending around this exciting opportunity, we've made it our mission to provide you with the most up to date knowledge, news articles and resources around Qualified Opportunity Zone investing. Plus, we'll be putting on educational events and panels with partners in both the Denver and Los Angeles markets to ensure investors have access to information about Qualified Opportunity Zones and a space to ask questions to experts on this type of investment.

Upcoming Events

September 24, 2019
QOZ Spotlight
Denver, CO
12:30 - 6:30pm

REAL PROJECTS. REAL INVESTORS. REAL MONEY. RIGHT IN YOUR BACKYARD.

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April 3, 2019
Coasis Coalition Opportunity Zones SuperConference
Dallas, TX

Sebastian Partners is pleased to announce Michael D. Graham as a speaker at the Coasis Coalition Opportunity Zones SuperConference in Dallas on April 3-4. Bringing together investors, fund sponsors, real estate developers, startups, traditional businesses, state and city governments, and other public institutions, the Coasis Coalition Opportunity Zones SuperConference will discuss the history and substantial tax benefits of Opportunity Zone investing.

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February 19, 2019
Opportunity Zones - Denver Case Study Event
Denver, CO
4:00 - 6:00pm

This event of the Opportunity Zones Meetup will feature a discussion of alternative and complementary types and sources of funding to Opportunity Zone investment.

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QOZ Resources

News Articles

8/8/2019
$400M Development with New Concert Venue Aims to be Aurora’s New Downtown

(Article Written by Andrew Dodson- Reporter, Denver Business Journal) Looking to improve his city’s image, late Aurora Mayor Steve Hogan, who died last year, said it needed to focus on culture. So, when Michael Graham, managing partner with real estate investment firm Sebastian Partners, was crafting a vision statement for a massive project his firm was embarking on in north Aurora, near Denver International Airport, he didn't forget Hogan’s vision of bringing entertainment and a better lifestyle to the city. “We’re based in Denver, I grew up in Colorado and I know Colorado very well,” Graham said. “We want to build something iconic and really do impact investing,” The firm’s project is called Avelon, a master-planned community made up of hotels, apartments stacked over retail, about 1,100 single-family residential lots and 40 acres of commercial space. The “lifestyle center" would include a grocery store and several restaurant options. Graham exclusively told Denver Business Journal that the project will be anchored by an amphitheater with a retractable roof, allowing for year-round concerts and events. He’s in discussions with Live Nation about a contract to program entertainment at the venue. The venue would be built to accommodate 8,000 seats and another 4,000 people in a grass area, Graham said. Of course, the project depends on site plan approvals and inking a deal with a music programmer, Graham said. The planned community is bordered by East 56th Avenue to the south, Picadilly Road to the west, East 64th Avenue to the north and a future road near E-470 to the east. It's also located in one of Colorado’s 126 opportunity zones — districts scattered across the state in neighborhoods in need of economic development that offer developers and investors unprecedented tax benefits. Graham looks to what has developed into Stapleton over the past decade as inspiration, but says Avelon will be something that metro Denver hasn’t seen before. “That was over an existing airport and people don’t even think about it today,” he said. “We have a 300-acre blank canvas, so it’s daunting to think about what you can do or what you can’t do. We’re designing this 10 years into the future and we want to differentiate from what has been built before.” A driving component of the development is the nearby Gaylord Rockies Resort & Convention Center, which surpassed 1 million room-night bookings for its 1,501 rooms two months before it was scheduled to open. A 300-plus-room hotel planned for the community would serve as spillover from the Gaylord, in addition to a smaller, 50- to 100-room boutique property and a 200-key hotel, in future phases. Housing types in the community would range from duplexes to single-family homes. Graham estimates two-bedroom townhomes to start at about $275,000. Single family homes would be built to stay below $500,000. But it’s the entertainment component that Graham calls “invaluable” and something that could turn the area near the airport into Aurora’s “new downtown.” He’s working to see the new music venue built in the first phase of development. Michael Graham, founder and managing partner at Sebastian Partners, stands at the site of a proposed $400 million mixed-use development site near DIA. Michael Graham, founder and managing partner at Sebastian Partners, stands at the site of a proposed $400 million mixed-use development site near DIA. Graham points to the Toyota Music Factory in Irving, Texas, as a model that could work in Aurora. The entertainment venue is similar in size and anchors a 17-acre, mixed-used development packed with a variety of restaurants. It is exclusively booked by Live Nation. In terms of ticket sales, it ranks No. 2 in the world amongst amphitheaters at $4.6 million for the first half of 2019, behind the Sidney Myer Music Bowl in Australia, which brought in $9.2 million in ticket sales, according to Pollstar Magazine. And while the location may seem out of the way from downtown Denver, Graham argues it’s a perfect destination, especially for visitors and the acts themselves who could fly in, do a show and fly out. “We have data that shows a lot of people who fly out of DIA spend the night in a hotel nearby the night before,” he said. “Those people are looking for places to go.” Guests at the Gaylord, he says, will also find the entertainment district intriguing when looking to do something for the night. If all goes according to plan, permitting for the project would begin next year. "We're very bullish on this and think it will be huge for the area," he said.

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6/11/2019
Opportunity Zones: A 'once-in-a-generation' chance for both investors and Colorado cities

The long-term impact of the 2017 federal tax reform law remains up for debate, usually in very partisan fashion.

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6/3/2019
Metro Denver and Northern Colorado Key Industry Clusters

A community’s economic development efforts should focus on industries in which the community has clear competitive advantages.

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1/28/2019
Denver’s Chronic Housing Shortage may Peak this Year

The deficit of homes and apartments in the region is expected to peak this year at about 32,000 units, and that will put upward pressure on home prices for years to come even as supply rises to levels not seen since the early 2000s.

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1/18/2019
Apple co-founder Steve Wozniak Speaks in Aurora

The Apple cofounder was in town Thursday to keynote a business event capping off another year for the city of Aurora, home to the new 1,501-room Gaylord Rockies Resort & Convention Center where the “Dawn of a New Aurora” event was held.

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1/10/2019
Aurora’s Opportunity Zones can Lift our Communities Up

Aurora’s are the real deal. Colorado has 126 federally designated Qualified Opportunity Zones and Aurora has 3 of significance within its jurisdiction.

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12/13/2018
An Analysis of Qualified Opportunity Zones

QOZs are census tracts designated by the Governor of each State or United States possession and must be low-income community census tracts for New Markets Tax Credits purposes.

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11/20/2018
Map of Qualified Opportunity Zones in the United States

Review this interactive map of Qualified Opportunity Zones for each state in the United States.

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10/18/2018
Gaylord Rockies hotel surpasses 1 million room-night bookings

The highly anticipated 1,501-room Aurora hotel is scheduled to open on December 17th, 2018.

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9/17/2018
Planned partial sale values Gaylord Rockies development at nearly $900 million

One of the parties developing the massive Gaylord Rockies Resort and Convention Center in Aurora is selling its stake as the property prepares to open, in a deal that values it at nearly $900 million.

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7/8/2016
Denver tops U.S. city population gain rate in 2015

Denver’s growing faster than any of the other 50 most-populous cities in the U.S., according to new population estimates released by the U.S. Census Bureau.

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Resources

Learn more about our QOZ Fund I Offering.

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A recap of the Avelon portion of the Qualified Opportunity Zone Expert Panel presentation.

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Learn about the background behind Opportunity Zones, where they are located and how they work.

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Learn about Opportunity Zones from a tax perspective in this educational presentation from Wipfli Accounting Firm.

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The Gravitas Fund is designed to capture the Qualified Opportunity Zone tax benefits made available to investors in the recently passed December 2017 Tax Reform Act.

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Want to learn more? Reach out for an Investor Offering Summary.

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