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Sortis Holdings launches new opportunity zone fund

Portland, Ore.-based Sortis Holdings Inc. launched Sortis Opportunity Zone Fund, which will allow accredited investors to benefit from a capital gains tax reduction program created under the 2017 U.S. federal tax overhaul.

The fund will invest in the Western U.S. with a focus on the Northwest and will include investments in retail, hospitality, office and multifamily developments and redevelopments, as well as qualified businesses in opportunity zones.