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Chicago real estate team chases tax breaks in the US Heartland

from Bloomberg

A pair of Chicago real estate partners is betting some of the best deals to take advantage of new tax breaks for investing in low-income parts of the U.S. will be found in the Heartland. Scott Goodman, one of the developers behind the revitalization of Chicago’s West Side, and real estate firm Clayco announced that their venture, Decennial Group, is seeking to raise $1 billion to invest in developments in some of the nation’s 8,700 newly created “opportunity zones.” more

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