Specialty financial administrator NES Financial announced that it has added a new, purpose-built fund administration service to its current lineup of EB-5, 1031 exchange, private equity and Opportunity Zones offerings. The 1031 DST Administration Solution leverages NES Financial’s award-winning eSTAC® administration technology to provide maximum security, transparency, and compliance to Delaware Statutory Trust (DST) managers and their clients.

Recently, a growing number of 1031 exchangers have recognized the advantages of buying a percentage interest in a DST owning real estate — rather than all of a single real property — as a way to complete their 1031 exchange. This is often used as a way to upgrade the quality of the exchanger’s property investment, while turning over active management to the DST manager.

For DST managers, the new 1031 DST Administration Solution offers the same secure, technology-enabled fund administration for which NES Financial is known in other financial industries, and it also gives the DST’s investors ready access to the company’s 1031 QI services.

“As an industry leader in both 1031 QI services and technology-enabled fund administration, NES Financial is uniquely positioned to serve real estate–focused Delaware Statutory Trusts and their investors,” said Michael Halloran, NES Financial Chairman and CEO. “For our DST clients, we facilitate 1031 exchanges both into and out of the DST, and we handle all the reporting, distributions, and analytics in between — QI services and cutting-edge fund administration, in one seamless package.”

To read the full press release click here.

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For additional information about our administration platform for DST, please visit our new page.