Industry News

Stay up to date on the latest industry news in EB-5

12 Reasons why NES Financial is on a Fintech roll so far this year (and 2019 isn’t even over yet)

The fintech industry has been described as “hot” in a recent article by Entrepreneur and we couldn’t agree even more. As a fintech company headquartered in Silicon Valley since 2005, the industry is only going to get hotter with different financial services and products being developed each day. We take pride in our Silicon Valley [...]

Growing Market for 1031 DST (Delaware Statutory Trust) Investments

Originally published in the New England Real Estate Journal. Read the Original Article As part of the Tax Cuts and Jobs Act enacted in late December 2017, the definition of eligible property for Section 1031 exchanges was changed dramatically. After many decades of allowing exchanges of personal (i.e., non-real) property, Section 1031 treatment is [...]

IRS Reschedules Public Hearing on Opportunity Zones Regulations

The IRS has confirmed that the public hearing previously scheduled for Thursday, January 10, which was cancelled due to the federal government shutdown, has now been rescheduled for February 14 at 10 a.m. Eastern Time. The hearing will allow stakeholders to provide their views on the first set of proposed regulations on Opportunity Zones, released [...]

IRS Cancels Hearing on Opportunity Zones Due to Government Shutdown

The IRS has confirmed that the public hearing on the proposed Opportunity Zone regulations scheduled for Thursday, January 10, in Washington, D.C., has been cancelled due to the ongoing federal government shutdown. The planned hearing was to be held for stakeholders to provide their views on the first set of proposed regulations on Opportunity Zones [...]

Could Opportunity Zones Eclipse or Dovetail with EB-5?

The Real Deal/ Erin Hudson / September 22, 2018 "NES Financial's EVP and EB-5 chief says OZs offer "a bigger opportunity" than the beleaguered investor visa" "Sometime over the past month, NES added a new “opportunity zones” tab to their website, effectively announcing a new line of services. And in mid-September, NES’ executive vice president Reid [...]

Cleveland International Fund pays $104.5 million back to investors

Cleveland International Fund/ Press Release / July 23, 2018 Trust essential to getting investors interested in CiF's work, says CEO The Cleveland International Fund (CiF) has successfully paid back $104.5 million to 209 individual investors in CiF's first two projects: University Hospitals' system- wide expansion and the first phase of the Flats East Bank development [...]

2019-03-15T02:12:55+00:00August 2nd, 2018|Categories: EB-5, Industry News|

Brazil Emerges as New Star in EB-5 Investment, With Further LatAm Growth Likely

Julian Montero / Daily Business Review / June 5, 2018 "Brazilians have been courted in recent years by U.S. developers seeking to raise capital through the EB-5 program. But last month, the industry took a big step to cement Brazil’s status as one of the fastest-growing players in the EB-5 world—a shift that could be [...]

2018-06-26T01:35:48+00:00June 5th, 2018|Categories: EB-5, Industry News|Tags: , , |

Article: The Impact of 2017 Tax Reform on Commercial Real Estate

The Tax Cuts and Jobs Act, the most comprehensive tax reform effort since 1986, was enacted into law in December — and with it came significant changes in the day-to-day operations of many American industries. Today we present one of the most insightful pieces we've seen covering the impact of the TCJA on the commercial real [...]

2018-03-12T03:52:54+00:00March 6th, 2018|Categories: 1031 Exchange, Industry News|Tags: , , , |

Greystone, Capital United and NES Financial launch EB-5 redeployment vehicle

Konrad Putzier / The Real Deal / July 27, 2017 Greystone, investment advisor Capital United and fintech firm NES Financial on Thursday launched what they claim is the first specialized EB-5 redeployment fund. The firms hope to tackle a growing and under reported problem faced by developers who tap into the popular cash-for-visa program. Click [...]

2017-08-01T21:44:51+00:00August 1st, 2017|Categories: EB-5, Industry News|