At the May Mastermind Group meeting, guests included the co-owners of hard money-lending firm Clear Sky Financial, who shared how their firm approaches potential projects in various submarkets and how their services differ from that of a bank or other traditional lenders. Host Olivia Byrne shared some of her takeaways from a recent national Opportunity Zone conference, including the most recent regulations around business investments, the inaugural OZ magazine, and why people should expect to see a lot more OZ fund activity next month. Tom Flynn, director of the Prince William Department of Economic Development, spoke about what the county has to offer businesses and developers, particularly with incentives, cash funds, and halved costs and time for permitting of projects in Opportunity Zones, along the Potomac Communities corridor, and/or within the county’s targeted industries.
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