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Based in Idaho, the Galena Opportunity Fund is a developer-driven investment fund leveraging its real estate development expertise to maximize investor returns by placing capital directly into residentially-anchored mixed-use developments in underserved markets.

Qualified Opportunity Zones

Opportunity Zones are a new investment program in which investors can earn tax relief and tax deferral on capital gains invested into a Qualified Opportunity Fund (“QOF”).

This program was established by Congress as part of the Tax Cuts and Jobs Act of 2017 (the “Act”), Subchapter Z, to encourage community development through long-term investments in certain qualified zones. Each state governor could enroll in the program by designating up to 25% of its distressed census tracts as Opportunity Zones. For example, in Idaho twenty-eight census tracts were selected and later certified by the US Treasury, becoming Idaho’s Qualified Opportunity Zones (“QOZ”). The purpose behind designating these census tracts as QOZ is to stimulate economic development in areas that were less likely to see new development.

Why a Qualified Opportunity Fund (QOF) Matters:

Capital gains invested into a QOF within 180 days can earn the following tax relief incentives:


A deferral on current capital gains tax payment until April 15, 2027.


A reduction in the original capital gain by 10% for investments held in the QOF for 5 years (if invested by December 31, 2019).


A reduction of an additional 5% (for a total of 15%) of the original capital gain for investments held in the QOF for 7 years (if invested by December 31, 2019).


No capital gains taxes on gains earned on an investment held in the QOF for at least 10 years. The investment can continue to accrue these tax-free gains until December 31, 2047.

For a fund to qualify as a QOF, at least 90% of its assets must be held in a Qualified Opportunity Zone. A QOF must measure and certify fund assets semiannually to comply with this ratio test. For real property investments QOFs must either place all the capital into a qualifying property within these measuring periods or set any capital aside for placement into a specific asset within 31 months, subject to specific requirements for proper compliance. For an investment to qualify, the QOF must place additional capital into a project that is at least equal to the value of the existing physical improvements at the time of acquisition within this 31 month window.

Why Choose Galena Opportunity Fund?

Galena Opportunity Fund “GO Fund” is an Idaho-based Qualified Opportunity Fund. GO Fund is unlike other Opportunity Zone funds by creating a direct link between Investor capital and the real estate project because the GO Fund management team is also the development team, reducing the time the equity investment sits idle.

Go Fund’s expertise is in developing technically complex and tax-incentivized new and redevelopment mixed-use projects. This straight to the project approach allows for a direct conduit for investments into qualifying real estate assets leading to higher returns for investors. The majority of assets invested in will be multi-family or residentially anchored developments. GO Fund will seek to distribute returns to investors as quickly as possible. GO Fund will leverage investor’s capital where appropriate with non-recourse debt to reduce Investor’s exposure and obtain higher Internal Rate of Returns. GO Fund is for ACCREDITED INVESTORS ONLY with a minimum investment of $250,000. For more information about the fund please contact us through the information provided below.

Where Will Galena Invest?

Galena Opportunity Fund is focused on Intermountain and Pacific Northwest Opportunity Zones. Explore the map below to see the specific zones in our target areas.

View larger map

The Team at GO Fund

Aaron Elton


Dan Fullmer


Jonathan Fink


Doug Crowther


Contact Go Fund

For inquiries regarding GO FUND's interest in specfic projects for properties please contact

Resources about Opportunity Zones and Opportunity Funds:

IRS Logo
Idaho Commerce Logo
Novogradac & Company LLC Logo
UMB Fund Services Logo

Disclaimer is a website owned and operated by Galena Opportunity Inc. (“Galena Opportunity”). By accessing the website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as each may be amended from time to time. Galena Opportunity is not a registered broker, dealer, investment advisor, investment manager or registered funding portal. The securities offerings on this site are available only to "Accredited Investors" – generally, natural persons must have a net worth of over $1 million (exclusive of residence) or income in excess of $200,000 individually or $300,000 jointly with a spouse. The securities are offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended, and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. Neither the Securities and Exchange Commission nor any state regulator has passed upon the merits of or given its approval to the securities, the terms of the offerings, or the accuracy or completeness of any offering materials.

The securities are subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell their securities. Investing in securities involves risk, and investors should be able to bear the loss of their entire investment. All investors should make their own determination of whether or not to make any investment, based on their own independent evaluation and analysis. The information on the Galena Opportunity may include historic results of certain investments made by Galena Opportunity; however, past performance is no guarantee of future results. Historic returns may not reflect actual future performance, may not reflect potential deductions for fees which may reduce actual realized returns. Investors are advised that any investment with Galena Opportunity may experience different results from those shown. Projected IRR and multiples are based upon the anticipated redemption or maturity date. All investments offered by Galena Opportunity involve risk and may result in loss. Some of the statements contained on the Galena Opportunity website are forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. These statements involve known and unknown risks, uncertainties, and other factors that may cause an investment’s actual results, levels of activity, performance, or achievements to be materially and adversely different from those expressed or implied by these forward-looking statements. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “targeted,” “projected,” “underwritten,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these terms or other comparable terminology. Although Galena Opportunity believes that the expectations reflected in the forward-looking statements are reasonable, guarantees of future results, levels of activity, performance or achievements cannot be made. Moreover, neither Galena Opportunity nor any other person or entity assumes responsibility for the accuracy and completeness of forward-looking statements. Neither Galena Opportunity nor any other person or entity is under any duty to update any of the forward-looking statements to conform them to actual results.

The information on this website contains a preliminary summary of the purpose and principal business terms of the investments offered by Galena Opportunity. This summary does not purport to be complete and is qualified in its entirety by reference to the more detailed discussion contained in the actual text of the definitive documentation regarding such investment. Further, the overviews presented on the Galena Opportunity website do not constitute an offer to sell or a solicitation of an offer to make an investment herein. No such offer or solicitation will be made prior to the delivery of definitive documentation relating to such investment. The information on this website does not constitute an offer of, or the solicitation of an offer to buy or subscribe for, any securities to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful. Before making an investment decision with respect to any offering, potential investors are advised to carefully read the related subscription and offering memorandum documents and to consult with their tax, legal and financial advisors. Galena Opportunity does not give investment advice or recommendations regarding any offering posted on the website.