Partnership is the foundation of great business relationships. We work with co-sponsors, local developers, and other experts to create compelling investment strategies and vehicles for our most important partners… our investors.
Leadership at Parsonex Capital Partners extends beyond our organization and shareholders to our industry and our community. Our executives strive to create value while making a difference. We are proud to have a talented and distinguished group of professionals.
Experience matters. Through our executives and affiliates we have experience running regulated and compliance centric organizations, acting as a fiduciary for clients, and completing over $11.5B in transactions, 100+ years of experience and more than 400 commercial transactions.
Created by the Tax Cuts and Jobs Act of 2017, a Qualified Opportunity Fund is an investment vehicle to generate economic development in low-income communities.
Opportunity zones nationwide
Opportunity zones are tax-incentivized census tracts in certain low income communities designated by the state and federal government to encourage long-term investment.
Taxes on realized capital gains invested in a Qualified Opportunity Zone Fund within 180 days are deferred until December 31, 2026.
If held until December 31, 2026, the taxable basis on the realized capital gains invested in the fund is reduced by 15%.
If the investment in the fund is held for a minimum of ten years, there is a 100% step up in cost basis, eliminating the taxes on the growth of the investment.
Our leadership team brings together decades of experience in financial services, banking, real estate, and investment management in order to help investors achieve their goals.
Chief Executive Officer
Chief Investment Officer