Virtua Partners Cited as First Firm to Break Ground on Opportunity Zone Project

Virtua Partners Cited as First Firm to Break Ground on Opportunity Zone Project

Press Releases, Resources
Quinn Palomino, CEO of Virtua Partners speaks with Kelsi Borland of GlobeSt. on the first-ever Opportunity Zone groundbreaking In this GlobeSt.com story, Virtua Partner's CEO Quinn Palomino speaks on Virtua Partners breaking ground on the first ever Opportunity Zone project - a Springhill Suites by Marriot in Avondale, AZ. The 130-room hotel is built on a vacant lot in a designated Opportunity Zone. In total Virtua Partners' development will create at least 30 full-time employment opportunities for local residents and 120 construction jobs. The hotel will be managed by Hotel Equities, a strategic partner with Virtua Partners. For the full story read here.
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National Real Estate Investor Quotes Virtua Partners on Need to Establish Social Impact Metric System

National Real Estate Investor Quotes Virtua Partners on Need to Establish Social Impact Metric System

Press Releases, Resources
Read why Quinn Palomino is calling for a national system to measure the social impact of all Opportunity Zone projects in the National Real Estate Investor The viability of the Opportunity Zone program is depend on the social impact of each project. Virtua Partner's CEO Quinn Palomino discusses why implementing ways to measure a project's impact on the community matters in this National Real Estate Investor story
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Virtua Partners Featured in the New York Times

Virtua Partners Featured in the New York Times

Press Releases, Resources
[caption id="attachment_1842" align="aligncenter" width="382"] Virtua Partners cited as first to break ground on Opportunity Zone development in The New York Times[/caption] On February 1st, Virtua Partners broke ground on the first-ever Opportunity Zone development and hosted a round-table discussion featuring key program advocates, local and national government officials and other program stakeholders. The event was covered exclusively by The New York Times. Read the full story here. [caption id="attachment_1866" align="alignnone" width="682"] Location of Virtua Partner's first Opportunity Zone development[/caption]
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Quinn Palomino Discusses the Advantages of Opportunity Zones (Podcast)

Quinn Palomino Discusses the Advantages of Opportunity Zones (Podcast)

Press Releases, Resources
Listen here to Quinn Palomino on Bloomberg Radio discussing Opportunity Zones (5:13) Quinn Palomino, CEO of Virtua Partners, joins Carol Massar of Bloomberg Radio to discuss the latest trends and updates on Opportunity Zones. Quinn also goes into detail about Virtua Partners, the recent projects and new developments specific to the Opportunity Zone program. Finally, she shares why implementing a system to measure the social impact of each Opportunity Zone project is important to Virtua Partners and the entire program more broadly
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Virtua Partners and Hotel Equities Break Ground on the First-Ever Opportunity Zone Project

Virtua Partners and Hotel Equities Break Ground on the First-Ever Opportunity Zone Project

Press Releases, Resources
The new development sets the stage for implementation of the Opportunity Zone program SCOTTSDALE, Az. – (February 1, 2019) – Virtua Partners, the Scottsdale-based private equity firm, and its management partner Hotel Equities, marked a new chapter today for the Opportunity Zone program. Local officials, community leaders and project partners gathered to celebrate the groundbreaking of the new 130-room Springhill Suites by Marriott being constructed in the Phoenix suburb of Avondale. In addition to being a first mover, Virtua Partners is leading the charge to ensure that the Opportunity Zone program provides the economic and social benefits promised to local communities. To that end, Virtua Partners hosted a roundtable policy meeting for stakeholders, policymakers and thought leaders to discuss how to assess, measure and track the social impact of Opportunity Zone projects. One result of this discussion was…
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3 Reasons to Invest in Single Family Rentals

3 Reasons to Invest in Single Family Rentals

Press Releases, Resources
Read Quinn Palomino's thoughts on why single-family rentals make a compelling investment in this U.S. News & World Report story Quinn Palomino, CEO of Virtua Partners, shares her insights on why single-family rentals make for a compelling investment in the current market environment. Quinn also discusses the outlook for the single-family rental housing market across the country especially compared to other real estate asset classes.
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Virtua Partners Highlighted in The Financial Times

Virtua Partners Highlighted in The Financial Times

Press Releases, Resources
Virtua Partner's Derek Uldricks weighs in on the Opportunity Zone program that is garnering more and more investor interest in the Financial Times Supporters see the new Opportunity Zone as a bold plan to develop areas in need. Derek Uldricks of Virtua Partners discusses current investor interest, the differences between the Opportunity Zone program and 1031 exchanges and more.
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Virtua Partners Forms Strategic Partnership with Hotel Equities

Virtua Partners Forms Strategic Partnership with Hotel Equities

Press Releases, Resources
Virtua Partners is pleased to announce a strategic partnership with Hotel Equities. Virtua Partners will make a series of investments totaling more than $500 million with Hotel Equities into hospitality assets, new development, acquisitions and Opportunity Zones. Press Coverage Commercial Property Executive Hotel Equities, Virtua Partners to Grow Hospitality Footprint Virtua will be making a series of investments totaling more than $500 million, to help the Atlanta-based firm move into new regions in the U.S. and Canada and expand in current markets. Hotel Business Hotel Equities Joins Forces with Virtua Partners Hotel Equities provides management and development services to 115 properties across 25 states and two Canadian provinces with a total of $2 billion in assets under management. HE manages premium hotel brands across the country, primarily with Marriott and Hilton.…
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Virtua Partners Breaks Ground on Fairfield Inn & Suites Marriott Flagged Hotel to Open Summer 2019 in Arizona

Virtua Partners Breaks Ground on Fairfield Inn & Suites Marriott Flagged Hotel to Open Summer 2019 in Arizona

Press Releases, Resources
Virtua Partners and co-developer Hotel Equities celebrated the groundbreaking of a 116 room Fairfield Inn & Suites in Tolleson (West Phoenix), Arizona. The Marriott flagged hotel is scheduled to open late Summer 2019. The hotel is part of a mixed-use site that Virtua is developing at the corner of 91st Avenue and McDowell, fronting the I-10 freeway. Tofel Dent Construction is the general contractor for the project.  Virtua Partners Co-Founder Quinn Palomino, and Mayor of Tolleson, Anna Tovar, welcomed distinguished members from the Tolleson City Council, Marriott International, local media, partnering companies, and representatives from Tofel Dent. Their speeches expressed their enthusiasm for the new hotel and best wishes for a successful relationship between the hotel and the Tolleson community. Fairfield Inn & Suites by Marriott caters to a wide…
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