Awareness
What Opportunity Zones are and why place-based investment matters.
Opportunity Zones
Capital. Place. Opportunity.
Opportunity Zones are designed to connect long-term private investment with communities positioned for growth. CGX works at the intersection of real estate, investment, and local execution - identifying where capital and disciplined development can unlock lasting value.
Opportunity Zones
What Are Opportunity Zones?
Opportunity Zones are federally designated communities where qualifying long-term investments can receive preferential federal tax treatment. Created in 2017, the program was designed to encourage private capital investment in communities with economic potential and a need for additional investment.
Qualified Opportunity Funds provide the investment vehicle through which eligible capital is invested in qualifying real estate and businesses located within designated Opportunity Zones.
01Capital
02Qualified Opportunity Fund
03Opportunity Zone Investment
04Long-Term Value Creation
A clear pathway
Education
Plain-language context for potential tax treatment, long-term investment considerations, community alignment, and independent advice.
Opportunity
Current CGX-related funds, projects, and inquiry pathways supported by this site.
Opportunity Zones 1.0
The First Generation.
The original Opportunity Zone program was established by the Tax Cuts and Jobs Act of 2017 to encourage long-term private investment in designated communities across the country.
Investors could deploy eligible capital gains through Qualified Opportunity Funds into qualifying businesses and real estate, creating incentives for capital to reach places that had historically experienced lower levels of investment.
OZ 1.0 demonstrated the ability of tax policy to move private capital. It also reinforced an important lesson: designation alone does not create successful investment or meaningful development. Real estate fundamentals, local knowledge, thoughtful capital, and execution still matter.
"The designation creates an incentive. Execution creates the value."
Opportunity Zones 2.0
The Next Generation of Opportunity Zones.
The Opportunity Zone framework is entering a new generation. The updated program establishes a long-term framework for Opportunity Zones, including recurring designation cycles, revised eligibility standards, new reporting requirements, and changes intended to better connect investment incentives with economic impact.
For investors, developers, communities, and public agencies, the next generation creates an opportunity to think intentionally about where investment should be encouraged and how private capital can participate in long-term growth.
The map is being redrawn.
The next generation of Opportunity Zones creates a new window for communities to make the case for where investment incentives can have the greatest impact.
San Bernardino
A City Positioned for Investment.
San Bernardino sits at the intersection of some of Southern California's most important economic forces - population growth, housing demand, logistics, transportation infrastructure, workforce, and regional connectivity.
At the same time, significant areas of the city have experienced decades of underinvestment, leaving land, buildings, commercial corridors, and neighborhoods with unrealized economic potential.
CGX believes San Bernardino represents the kind of place where Opportunity Zone policy can help connect private capital with real estate opportunity and long-term community investment.
OZ 2.0 + San Bernardino
Advocating for Investment Where It Can Matter.
As the next generation of Opportunity Zones takes shape, CGX is advocating for San Bernardino to remain part of the Opportunity Zone investment landscape.
Our perspective comes from working directly in the city - acquiring land, navigating entitlement, developing housing and mixed-use communities, evaluating investment opportunities, and engaging with public agencies and community stakeholders.
We believe Opportunity Zone designations should reflect not only economic need, but the ability of private investment to activate real opportunities for housing, business growth, development, and economic mobility.
Letters · Maps · Policy Documents · Public Resources
Our Approach
Real Estate First. Tax Strategy Second.
CGX does not invest in real estate simply because it is located in an Opportunity Zone. We begin with the underlying opportunity - location, land use, market fundamentals, development potential, basis, risk, and execution strategy.
When an Opportunity Zone structure aligns with a strong real estate thesis, it can provide an additional tool for connecting long-term capital with value creation.
01Identify
02Acquire
03Entitle / Reposition
04Develop
05Hold / Exit
The tax incentive can enhance an investment. It does not replace the investment thesis.
Invest with CGX
Opportunity Zone Investing Through CGX.
CGX provides investors a pathway to participate in qualifying Opportunity Zone real estate investments through our Opportunity Zone investment platform.
The strategy combines CGX's real estate sourcing, entitlement, development, and execution capabilities with the long-term investment framework of the Opportunity Zone program.
Explore the Opportunity Fund →
Opportunity Zone and real estate investments involve risk and may not be suitable for every investor. Tax outcomes depend on individual circumstances and may change. This information is educational and is not an offer to sell securities or legal, tax, or investment advice. Prospective investors should consult their own qualified advisers and review applicable offering documents.
Insights
Opportunity Zone Resources
Coming Soon
OZ 1.0 vs. OZ 2.0
Understanding the evolution of the Opportunity Zone program.
Coming Soon
What OZ 2.0 Means for San Bernardino
Exploring the next generation of Opportunity Zones and the city's investment potential.
Coming Soon
Why Entitlement Matters in Opportunity Zone Investing
How development rights and execution can drive real estate value.
Coming Soon
San Bernardino Opportunity Zones
Maps, information, and updates related to Opportunity Zone investment in San Bernardino.
Opportunities
See an Opportunity We Should Know About?
We're interested in land, development opportunities, partnerships, and real estate where long-term capital and execution can create value.