Press Room

NES Financial to Host Webinar on Opportunity Zones

Novogradac, Sadis & Goldberg, JMBM, Sikari Luxe, and Community Development Corporation of Oregon Will Be Guest Presenters

Last month, NES Financial introduced a purpose-built Opportunity Zone Fund Administration Solution to its lineup of award-winning financial administration services. Following this new service offering, NES Financial has now announced that it will host a webinar intended to address the game-changing nature of the Opportunity Zone program for investors, fund managers, issuers, developers, entrepreneurs and communities.

The Opportunity Zone (OZ) program was created last year under the umbrella of the Investing in Opportunity Act, which established capital gains tax incentives for long-term investments into economically distressed areas across the U.S. With over $6 trillion in unrealized gains held by U.S. taxpayers, the program opens up enormous potential for developers looking to raise capital at attractive rates and use it to acquire or improve business properties within the qualified zones.

The one-hour webinar, titled “Qualified Opportunity Zones: A New Economic Driver and Potential Source of Capital,” will be held on September 20, 2018, at 11 a.m. Pacific Time, and will be hosted by Reid Thomas, Executive Vice President at NES Financial. Registration is free of charge. In addition to providing a valuable overview of the program, this timely webinar will drill down to examine how Opportunity Zone Funds can serve as a potential new source of capital for EB-5 issuers.

Read the full press release by clicking here.

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