The Distribution by Juniper Square
The Distribution by Juniper Square
Juniper Square
From Ambiguity to Permanence: The New Era of Opportunity Zone Investing - Jeff Feinstein - Founder and Managing Partner of Pinnacle Partners
51 minutes Posted Nov 21, 2025 at 6:00 am.
) Intro
) Jeff's career and background
) The role of tax policy in investing
) The launch of Pinnacle Partners
) The evolution of opportunity zones
) How opportunity zones are created
) Pinnacle Partners' strategy and success
) Pinnacle Partners' approach to development
) Capital strategy and fund structure
) Who benefits from opportunity zones?
) Strategies for nurturing investor relationships
) The importance of tax efficiency
) Challenges and opportunities in real estate
) Selecting and evaluating development partners
) Future market trends and investment strategies
) Conclusion and contact information
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51:55
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Show notes
Jeff Feinstein joins host Brandon Sedloff on The Distribution for a deep dive into the evolution and future of opportunity zone investing. The conversation traces Jeff’s path from a decades-long career in technology to building Pinnacle Partners, a firm dedicated exclusively to opportunity zone development. Jeff explains how tax policy shaped his investing journey, why OZ legislation has become a powerful tool for individual investors, and how Pinnacle structures institutional-quality multifamily and build-to-rent projects across thousands of eligible zones. Throughout the discussion, he highlights the mechanics, benefits, risks, and real-world execution behind ground-up OZ development.
They discuss:
• Jeff’s transition from tech operator to real estate fund manager and OZ pioneer
• How opportunity zones were created, how they work, and what changed under OZ 2.0
• Why Pinnacle focuses on institutional underwriting, JV partnerships, and multi-asset funds
• The role of RIAs, family offices, and private wealth in OZ distribution
• What makes a strong or weak development partner in OZ projects
• Key risks, real estate fundamentals, and why policy permanence matters
• Markets and asset types Pinnacle favors, including workforce housing, BTR, and rural zones
Links:
Pinnacle Partners - https://pinnacleoz.com/
Jeff on Linkedin - https://www.linkedin.com/in/jefffeinstein/
Brandon on LinkedIn - https://www.linkedin.com/in/bsedloff/
Juniper Square - https://www.junipersquare.com/
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