OZ

The City of San Jose’s Planning Commission Unanimously Approves Application For Urban Catalyst’s Icon/Echo Project

Retrieved on: 
Monday, October 31, 2022

Urban Catalyst, a premier Silicon Valley real estate equity fund, has received a unanimous approval from the City of San Joses Planning Commission for Urban Catalyst Opportunity Zone Fund II, LLC (Fund II) projects, Icon/Echo .

Key Points: 
  • Urban Catalyst, a premier Silicon Valley real estate equity fund, has received a unanimous approval from the City of San Joses Planning Commission for Urban Catalyst Opportunity Zone Fund II, LLC (Fund II) projects, Icon/Echo .
  • Icon/Echo is a new office and multifamily project proposed for construction in downtown San Jose by Urban Catalyst, which is now greenlighted to move forward to the San Jose City Council for final review.
  • With all the great things happening in our city, its an exciting time to be building in downtown San Jose.
  • Urban Catalyst is a leading real estate equity fund manager and development company focused on ground-up projects in downtown San Jose, California.

Cutting-edge South Florida digital consultancy partnership takes on climate change

Retrieved on: 
Wednesday, October 19, 2022

FORT LAUDERDALE, Fla., Oct. 19, 2022 /PRNewswire/ -- South Florida-based global digital and technology consultancy OZ has announced a wide-ranging partnership with eco-focused insurance solutions facilitator, InnSure .

Key Points: 
  • FORT LAUDERDALE, Fla., Oct. 19, 2022 /PRNewswire/ -- South Florida-based global digital and technology consultancy OZ has announced a wide-ranging partnership with eco-focused insurance solutions facilitator, InnSure .
  • "Digital transformation is what enables the insurance industry to innovate the new solutions necessary to help the world respond to climate change," InnSure Executive Director, Charlie Sidoti, said.
  • "As a Florida-based, insurance-focused world-class digital solutionsprovider, OZ is uniquelyaligned with our mission to catalyze a quick, bold, and decisive insurance industry responseto climate risk.
  • Combined with OZ's deep knowledge and experience in digital, data, and transformation, this partnership will empower us both to realize our shared philosophical approach to challenges more efficiently and powerfully: Connect, learn, solve."

Prove Identity Expands Global Presence, Launches Digital Identity Product Offerings in Brazil with OZ Corretora de Câmbio

Retrieved on: 
Thursday, October 13, 2022

Prove Identity, Inc. (Prove), the leader in digital identity, today announced it has expanded its global presence to Brazil, launching its product offerings with its first customer in the region, OZ Corretora de Cmbio .

Key Points: 
  • Prove Identity, Inc. (Prove), the leader in digital identity, today announced it has expanded its global presence to Brazil, launching its product offerings with its first customer in the region, OZ Corretora de Cmbio .
  • OZ Corretora de Cmbio brings protection and security to the foreign exchange market and presents innovative financial solutions.
  • Brazil has become a leader in payments innovation and financial inclusion in recent years and Prove is expanding its product availability and sales support into this market.
  • We are thrilled to bring our product offerings to Brazil, which has become a hotbed for innovation in digital banking and payments, said Paulo Nascimento, Head of Latin America at Prove.

South Florida-based Digital Consultancy Accelerates Startup Journeys at NSU

Retrieved on: 
Thursday, October 13, 2022

Accelerate, which launched September 15, is a twelve-week program that places a network of experts and stakeholders at the disposal of participants to "support further innovation and avoid growth plateaus."

Key Points: 
  • Accelerate, which launched September 15, is a twelve-week program that places a network of experts and stakeholders at the disposal of participants to "support further innovation and avoid growth plateaus."
  • It is part of the Levan Center's holistic Founder's Journey which also includes the Ideate, Incubate, and Post Accelerate programs.
  • "We are proud to sponsor Accelerate at Alan B. Levan Center of Innovation," OZ CEO Amjad Shamim said.
  • For OZ, it is an opportunity as wellto further pursue and enhance our commitment to support and nurture businesses in our South Florida community."

Urban Catalyst Surpasses $250 Million in Assets Under Management (AUM)

Retrieved on: 
Monday, September 19, 2022

Urban Catalyst, a Silicon Valley premier Opportunity Zone Fund, has continued its successful fundraising with more than $250 million assets under management, the company announced today.

Key Points: 
  • Urban Catalyst, a Silicon Valley premier Opportunity Zone Fund, has continued its successful fundraising with more than $250 million assets under management, the company announced today.
  • Urban Catalyst successfully closed its first OZ Fund in December 2020 with $131 million.
  • Urban Catalyst Opportunity Zone Fund II is currently open to investors.
  • A recognized leader in Opportunity Zone (OZ) fundraising, Urban Catalyst ranked in the top 5% of all OZ funds tracked by Novogradac.

JTC Americas Announces Virtual Event on Tax-Advantaged Investing

Retrieved on: 
Wednesday, August 17, 2022

SAN JOSE, Calif., Aug. 17, 2022 /PRNewswire-PRWeb/ -- Fund administration leader JTC Americas has announced an in-depth virtual forum on the state of tax-advantaged investing in 2022. The event is scheduled for August 24th, 2022, and will be presented virtually so attendees can join from around the country. Titled "Innovative Strategies for Tax-Advantaged Investing," the webinar will focus on methods for deferring taxes on capital gains, including Opportunity Zones and 1031 Like-Kind Exchanges.

Key Points: 
  • SAN JOSE, Calif., Aug. 17, 2022 /PRNewswire-PRWeb/ -- Fund administration leader JTC Americas has announced an in-depth virtual forum on the state of tax-advantaged investing in 2022.
  • The event is scheduled for August 24th, 2022, and will be presented virtually so attendees can join from around the country.
  • Titled "Innovative Strategies for Tax-Advantaged Investing," the webinar will focus on methods for deferring taxes on capital gains, including Opportunity Zones and 1031 Like-Kind Exchanges .
  • JTC Americas, the North American arm of JTC, is a leader in specialty financial administration, serving US markets characterized by high administrative complexity, elevated transaction security needs, and challenging compliance requirements.

Novogradac Report Shows Investment in Opportunity Zones Continues to Grow

Retrieved on: 
Tuesday, August 9, 2022

SAN FRANCISCO, Aug. 9, 2022 /PRNewswire-PRWeb/ -- Total investment in qualified opportunity funds (QOFs) tracked by national accounting and consulting firm Novogradac surpassed $30 billion as of June 30, according to a special report released today.

Key Points: 
  • Novogradac Opportunity Zones Investment Report: Data Through June 30, 2022 , reports that $30.49 billion was raised by QOFs tracked by Novogradac for investment in opportunity zones (OZ).
  • "As the OZ investment incentive matures, investor interest is not waning," said Michael J. Novogradac, managing partner of Novogradac.
  • "This report confirms that even in these inflationary times, investors see opportunity zones as a wise investment."
  • Information on QOFs in the Novogradac Opportunity Zones Investment Report: Data Through June 30, 2022 , comes from a rolling collection of information by Novogradac.

GERTRUDE NAMED AOR FOR SMOOTHIE KING

Retrieved on: 
Wednesday, June 29, 2022

Smoothie King conducted a competitive agency review focused on identifying a partner to lead with bold ideas and fully integrated expertise.

Key Points: 
  • Smoothie King conducted a competitive agency review focused on identifying a partner to lead with bold ideas and fully integrated expertise.
  • GERTRUDE's forward thinking combined with proven expertise in connecting brands to culture and lifestyle led to GERTRUDE being named as the AOR over three other agency finalists.
  • "GERTRUDE's ability to lead strategically while finding unique ways to help brands stand out from inception through activation won over the Smoothie King management team," said Wan Kim, Chief Executive Officer for Smoothie King.
  • Smoothie King Franchises, Inc., the original U.S. smoothie franchise, is a privately-held,Dallas-based franchise company with over 1,300 locations worldwide.

The country's largest Opportunity Zone Expo in Arizona to showcase America's Top Projects and Top 25 OZ Influencers on July 13!

Retrieved on: 
Wednesday, June 29, 2022

IRVINE, Calif., June 29, 2022 /PRNewswire-PRWeb/ -- Hundreds of industry professionals and investors will network and learn from moderated panels, impressive speeches, and company booths in our large exhibitor hall. Participants will include fund managers, attorneys, real estate developers, tax specialists, investment banks, investors, and government officials.

Key Points: 
  • As the Opportunity Zone program is fueled by a surge in investments, network at the country's largest event in Phoenix on July 13.
  • The in-person Opportunity Zone Expo is the industry's largest conference dedicated to Opportunity Zone stakeholders, hosted by the Opportunity Zone Magazine at the Hyatt Regency Phoenix.
  • The event will also celebrate the winners of the Top 25 OZ Influencers during a special award reception.
  • The prestigious insider listing highlights who's who in the Opportunity Zone industry the Top 25 OZ Influencers released in the latest edition of Opportunity Zone Magazine.

OZ Digital Consulting Celebrates 25th Anniversary -- A Rare Feat, Especially In The Tech World

Retrieved on: 
Monday, June 27, 2022

FORT LAUDERDALE, Fla., June 27, 2022 /PRNewswire-PRWeb/ -- OZ Digital Consulting, Inc. this weekend celebrated a milestone that few firms are fortunate enough to achieve -- its 25th anniversary of helping hundreds of client companies improve performance with advanced technology solutions.

Key Points: 
  • "We are here after 25 years because of our dedicated team," said OZ Co-founder and CEO Amjad Shamim.
  • Through it all, said Amjad Shamim, the people and culture of OZ have been the key to the company's success.
  • OZ Digital Consulting is a consulting and technology solutions leader focused on increasing customer engagement and operational excellence by leveraging Intelligent Automation, with a focus on the property and casualty insurance industry.
  • Celebrating 25 years of increasing efficiency and revenue for its clients, OZ is a long time Microsoft Gold Partner.