It took less than a day for a real estate company to line up more than $100 million in small increments, crowdfunding-style, to buy property that will take advantage of a new tax break.
Origin Investments principals Michael Episcope and David Scherer emailed investors on Nov. 14, saying their Chicago-based firm was under contract to buy some development sites in Qualified Opportunity Zones, areas where investors in the fund could defer certain taxes through 2026.
