How Opportunity Zones Are Reshaping Real Estate Investing in 2026

In this episode of The Business of Real Estate, Lucas and Luna examine how Opportunity Zones have evolved since their creation in the Tax Cuts and Jobs Act of 2017. As of July 2026, nearly $75 billion in private capital has flowed into designated low-income communities, with tax deferral benefits now fully realized. The hosts focus on the case of the Mile High Opportunity Fund in Denver, which raised $120 million to build a mixed-use development in the Sun Valley neighborhood. They discuss the fund's structure, the 15% step-up in basis for investors who held for seven years, and the criticism that some projects have displaced long-term residents. The episode also touches on the expiration of the initial 10-year investment window in 2029 and what that means for new funds. Lucas and Luna weigh the trade-offs between investor incentives and community impact, offering a nuanced look at one of the most debated tax policies in real estate. #OpportunityZones #RealEstateInvesting #TaxCutsAndJobsAct #MileHighOpportunityFund #Denver #SunValley #MixedUseDevelopment #CommunityImpact #TaxDeferral #CapitalGains #Displacement #AffordableHousing #EconomicDevelopment #2026 #Business #RealEstate #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo