Growth Resources, Assets, Safety & Stability, a qualified opportunity zone fund, said its subsidiary SAMSARG Inc. has secured financing of $5.04 million to complete construction of the hangar at the Lyon County facility, the report said.
This aircraft hangar and all future hangars built by SAMSARG, Inc. will be located within opportunity zones, which offer tax deferrals on capital gains taxes, according to the report.
SAMSARG is involved in new construction of hangars at Silver Springs to attract government, corporate and private clients and is focused on providing Tahoe Reno Industrial Center businesses with nearby travel and logistics support.
For the full story, go to https://www.businesswire.com/news/home/20210908005984/en/GRASS%E2%84%A2-Opportunity-Zone-Fund%E2%80%99s-SAMSARG-Inc.-Secures-Funding-Deal-in-Lyon-County-Nevada.
For information about GRASS, go to https://www.qozfusa.com/why-grass/.