First impressions speak volumes. The investor onboarding experience is no different. As the private equity landscape continues to shift and become more competitive, many are finding that working with a third-party fund administrator is the way to go. For those investors who are new to working with private equity fund administration partners, the onboarding process [...]
NES Financial announced today that its CTO Izak Joubert was named Ambassador of the Year by OutSystems, a global enterprise software company and leader in low-code application development platforms. The OutSystems Innovation Awards recognize, honor, and celebrate the organizations and people that are using OutSystems to make IT dramatically more proactive, productive, and essential in [...]
1031 exchanges enable you to reduce or eliminate taxes on the sale of business or investment real estate. If you want to sell one business or investment property (the “relinquished property”) and purchase a “like-kind” replacement property within 180 days of the sale, structuring these two transactions as a 1031 exchange can enable you to [...]
If you couldn’t make it to NES Financial’s free Insider Insights webinar “How Opportunity Zones Can Work For You,” you not only missed out on how your business can benefit from the latest OZ market insights, but you missed out on some great questions from webinar participants. Fortunately, we’ve collected four of those questions — [...]
With the new regulations for the EB-5 Program scheduled to go into effect on November 21, 2019, not much attention has been paid to the status of the EB-5 Regional Center Program, which will sunset on September 30 -- again. Perhaps we’ve become numb to this potential threat, after more than 15 short-term extensions have [...]
Register to attend this free NES Financial EB-5 webinar here! With new regulations finally announced, the EB-5 industry is poised to enter a new era we’re calling “EB-5 3.0” — and it’s not going to be business as usual! In preparation for the new regulations, we’ll be speaking with NES Financial’s Reid Thomas and Jill [...]
Earlier this year, NES Financial EVP Reid Thomas published an article in National Real Estate Investor titled “The Three Keys to Long-Term Success in the Opportunity Zone Program.” In this piece, Reid argued that the long-term fate of the OZ program will depend on industry self-regulating to avoid the pitfalls that have plagued other well-intentioned [...]
NES Financial would like to congratulate the following new Regional Centers on their USCIS approval: ABC Global RC, LLC (California) National Eb-5 Wealth Center of California LLC (California): www.eb5wealthcenter.com/ New England Center for Business Development, LLC (Maine): www.eb5newenglandregionalcenter.com Permian Regional Center, d.b.a. Texas Energy Regional Center (New Mexico, Texas): www.texaseb5rc.com Shoora Regional Center, LLC (Georgia) As new Regional [...]
EB-5 Affiliate Network and Reid Thomas joined in an EB-5 discussion talking over how navigating EB-5 Program parameters isn’t easy. Once an investor decides to participate in the EB-5 Program, selecting the right project is crucial for both obtaining a Green Card and safeguarding capital. Because selecting and conducting diligence on EB-5 real estate projects [...]
NES Financial’s Senior Vice President of Fund Administration Michael Richards led a roundtable discussion at the ALTSSEA conference called “Fund Administration: How Technology is Reshaping the Industry” on Sept. 17. ALTSEEA is a one-day conference in Seattle featured leading practitioners from the fields of private equity, venture capital, real estate, hedge funds, cryptocurrency, artificial intelligence [...]
