PHT Opportunity Fund Introduces New QOZ Investment Project
28-Acre Commercial Precooling and Warehouse Cooler Campus
We are redeveloping a 28 acre campus in Salinas, California, the Salad Bowl of the World. The campus stands in the heart of a qualified opportunity zone. When completed, the Salinas campus will be a cutting-edge precooling and cold storage facility serving growers of the entire region. Cold storage is a tailwind asset class secured by essential need.
There is a huge upside for investors, who benefit from the Opportunity Zone initiative’s capital gains tax breaks; they keep their money in a fund for 10 years and all the appreciation is tax-free. They will make money, possibly even an outsized ROI. This is also a means of diversifying their own portfolios away from equities and into new revenue streams and avenues of investment which, as we’ve experienced in this volatile and terrifying market, is critical. Investing through Qualified Opportunity Funds is a strategy for multigenerational long-term financial planning.
Please click below to download the pitch deck and PPM
Opportunity zones offer a chance to breathe new life into economically-distressed communities.
– Jim White, PhD
Best Selling Author
Dr. Jim White is Chairman and CEO of Post Harvest Technologies, Inc. and Growers Ice Company, Inc., Founder and CEO of PHT Opportunity Fund LP, and Founder and President of JL White International, LLC. He is the author of several acclaimed books—most recently, Broken America: Ten Guiding Principles to Restore America and Opportunity Investing: How to Revitalize Urban and Rural Communities with Opportunity Funds. He is also author of the best-seller What’s My Purpose? A Jouney of Personal and Professional Growth, which has been lauded by such industry leaders as Steven M.R. Covey and Jack Canfield.
Read our Blog
As the nation begins to see the fruits of the Qualified Opportunity Zone initiative, introduced initially in the Tax Cuts and Job Act of 2017, some of the 8,800 impoverished census tracts from coast to coast have begun to benefit from the initiative’s intent: to...
At least 50.5 million people live in distressed communities within America today. 20.6% of adults within this population do not have a high school diploma. These communities also have a housing vacancy rate of 15.3%. Its poverty rate stands at 24.8% compared to 5.7%...
Dr. Jim White, PHT Opportunity Fund LPThere appears to be a turning of the tide on the horizon. Runaway inflation is now a primary concern for investors, along with a host of other financial threats. An increase to the capital gains tax rate from a top rate of 23.8%...