The vast majority of Opportunity Zone projects are ground-up development deals. But in Cleveland, there are numerous opportunities to renovate underutilized historic buildings.
Kevin Wojton, managing member at IOTA Development Group, joins the show to discuss how he is acquiring historic buildings in Cleveland’s Opportunity Zones for pennies on the dollar, and giving them new life.
Watch On YouTube
Episode Highlights
- The overall investment thesis of IOTA’s Cleveland Impact Fund.
- Why Kevin was attracted to Opportunity Zones.
- Examples of the redevelopment projects in Cleveland.
- How venture real estate differs from traditional real estate.
- The bull case for investing in secondary and tertiary cities.
