There is an Opportunity Zones gold rush happening throughout the country, whether it be at the Opportunity Zone Expo in New York City, where our EVP Reid Thomas recently moderated a panel on capital stack or the many insightful OZ questions our team received at our booth during the same OZ event. Investors want in [...]
Register Today This week we’ll be speaking with Erin Gillespie, Founder of Madison Street Strategies, an economic development consulting firm, during our next Opportunity Zones webinar on August 14. Erin is also a former Deputy Chief of Staff for the Florida Department of Economic Opportunity and worked closely with former Florida Governor Rick [...]
Opportunity Zones: Establishing and Maintaining Compliance Rules governing the OZ incentive are new, and can be complicated. “Taxpayers must be vigilant in structuring investments and in monitoring ongoing compliance. Taxpayers are wise to adopt procedures for continual monitoring and should not hesitate to lean on professionals who have the necessary expertise to assist them.” [...]
NES Financial now provides its purpose-built Opportunity Zone Fund Administration to more than 40 OZ funds, with projects ranging from theater productions to large-scale residential developments. In addition, we’re in discussion with approximately 200 other OZ funds — some just getting started, some already well established. Direct engagement with such a large portion of the [...]
Register Today In less than one week, we’ll be speaking with Chris Milner, Head of CRE Investment Management at Cantor Fitzgerald, during our next Opportunity Zones webinar on August 14. This past March, Cantor Fitzgerald and Silverstein Properties entered into a joint venture focused on acquiring and developing real estate projects located in [...]
Register Today In less than two weeks, we’ll be speaking with Hotbed Entertainment Group Founding Partner Seth Dunlap during our next Opportunity Zones webinar on August 14. Hotbed Entertainment Group, which includes key players behind Blue Man Group and other now-iconic stage productions, is developing new music and theater venues in New Orleans [...]
NES Financial announced today that it has been selected by Resolute Capital Partners as the third-party administrator for the firm’s energy asset funds. Resolute Capital Partners specializes in bringing “beyond–Wall Street” opportunities in energy, commercial real estate, technology and other alternative sectors to market. Their latest fund, Strategic Energy Assets VIII Access Fund, LLC, provides [...]
Listen Now The Federal Register finally released and published the long-anticipated (and years-delayed) updates to the EB-5 Program rules. These changes are scheduled to take effect on or after November 21, 2019. Find out how this 2019 EB-5 regulatory update will impact you! The minimum qualifying investment has been raised from $500,000 to $900,000 [...]
Data Gathering Is Crucial to the Success and Survival of Opportunity Zones “We won’t know how effective this policy is, beyond how many people got a tax break, without data.” "Our members feel that in exchange for the tax advantage that OZ represents, the disclosure of data so we can ascertain the efficacy of the policy [...]
NES Financial is proud to announce the appointment of John Hart as Chief Financial Officer. “John has a proven record of driving profitable growth and direction,” said Michael Halloran, CEO and founder of NES Financial. “He is a strong, effective, and innovative problem solver with fresh ideas for elevating and building a more robust business [...]
