Sortis Holdings Inc. has launched the Sortis Opportunity Zone Fund. The fund, created to take advantage of the Tax Cuts and Jobs Act passed in December 2017, will allow accredited investors to benefit from one of the best capital gains tax reduction programs in a generation. Opportunity zones are geographic areas, designated by their respective state governments, in which investors can invest realized capital gains into real estate projects and qualified businesses and benefit under the new tax law. The Sortis Opportunity Zone Fund will invest in the Western U.S. with a focus on the Northwest, following the same footprint of the company’s successful lending fund, the Sortis Income Fund. The fund will include investments in retail, office, hospitality and multifamily developments and re-developments as well as qualified businesses located in opportunity zones. Sortis will deploy several proprietary strategies that were designed specifically to capitalize on the unique opportunities created by this new law. Capital gains from a sale of any property, stock or business assets will qualify for beneficial treatment under the new law as long as the gains are invested within 180 days of the gain being realized. As this is a short window, Sortis opened its fund on November 1, 2018, to ensure that accredited investors with 2018 gains can take advantage of the offer.