LReyes

About Lemery Reyes

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So far Lemery Reyes has created 20 blog entries.

NES Financial to Administer Salt Lake City Opportunity Zone Fund for Hatteras Sky

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration services to Hatteras Sky — an experienced commercial real estate development firm specializing in Opportunity Zone, affordable, historic and conventional real estate development. The proposed development will feature the conversion of the Union Pacific train depot, [...]

Why the Latest Opportunity Zone Reporting Bill Introduced is Another Win for Transparency

U.S. Senator Tim Scott introduced the IMPACT Act today, an expanded bill that would establish reporting requirements for the Opportunity Zones incentive. “It’s loud and clear that legislative momentum and interest around reporting requirements continues to grow by all sides of the aisle,” said Reid Thomas, EVP of NES Financial’s Specialty Financial Administration Business, which [...]

2019-12-10T13:54:20-08:00December 6th, 2019|Categories: Blog, Opportunity Zones|Tags: , , , , |

NES Financial to Administer Funds for Synergy Investment’s First Opportunity Zone Fund

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration Solution to Synergy Investments. Synergy Investments is a full-service real estate investment firm based in Boston that has delivered a total weighted average IRR of 32% to institutional investors over the last 15 years. The newly [...]

NES Financial to Administer New Mexico–Based Opportunity Zone Fund

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration services to InvestNewMexico.us (INM), an Albuquerque/Santa Fe–based partnership focused on affordable and sustainable housing, agriculture, film, technology transfer and emerging media industries. “New Mexico is a very poor state, and our mission is to inspire New [...]

2019-12-10T13:57:32-08:00November 14th, 2019|Categories: Opportunity Zones, Press Release|

NES Financial Signs 50th Opportunity Zone Fund

NES Financial, a fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today that it has contracted to provide its 50th Opportunity Zone client with its purpose-built Opportunity Zone Fund Administration Solution. “NES Financial is a pioneer in the Opportunity Zone space, growing significantly since signing our first [...]

NES Financial to Administer Clean Energy Opportunity Zone Fund

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration services to Greenwave, a collaboration and energy solutions service platform centered around energy conservation, renewable, and smart energy. Greenwave Opportunity Zone Fund seeks to help ensure clean water to residents in Opportunity Zones throughout the country. [...]

2019-12-13T13:44:18-08:00November 6th, 2019|Categories: Opportunity Zones, Press Release|

Griffin Capital Chooses NES Financial to Administer Opportunity Fund

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Griffin Capital Company, a leading alternative investment asset manager with more than two decades of investment and real estate experience. Griffin Capital’s alternative investment solutions include non-listed real estate investment trusts (REITs), actively managed interval funds, [...]

NES Financial to Administer Opportunity Zone Fund for Student Micro Housing

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Arcis Real Estate Capital LLC (“ArcisRE”), an investment management and advisory firm that sponsors and invests in operationally driven real estate asset types such as student micro housing, multifamily, senior living, and hospitality. The [...]

Silicon Valley’s NES Financial Signs 40th Opportunity Zone Fund

NES Financial, a fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today that it has contracted to provide its 40th Opportunity Zone client with a purpose-built Opportunity Zone Fund Administration. “NES Financial’s purpose-built solution for opportunity zone funds allows them to demonstrate the measurable good they were [...]

NES Financial’s Private Equity Fund Administration Selected by Resolute Capital Partners for Energy Asset Funds

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 [...]