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Next OZ Webinar — “Insider Insights: How Opportunity Zones Can Work for You”

Listen Now How could your business benefit from the latest OZ market insights? You hear and read about Opportunity Zones (OZ) in the news, but how much do you really know? Are you caught up on the latest trends that could help you grow your business? We hosted our free OZ webinar on August [...]

Redeployment Raises Questions and Increases Litigation Risks to EB-5 Sponsors

Read the article Two years after USCIS last published changes to their Policy Manual regarding EB-5 fund redeployment requirements, many questions still remain unanswered, and EB-5 issuers have largely been left to navigate the redeployment space on a “best efforts” basis. But this doesn’t always work out — in fact, in the last two [...]

Opportunity Zones Newsletter Week of July 15, 2019

Register Now for the OZ Insider Insights Webinar (August 14th) Our Q3 webinar is packed with OZ industry leaders, sharing their experience to help your business. How could your business benefit from the latest OZ market insights? Attend this free webinar, and you'll get the latest analysis of emerging OZ trends, regulatory developments, investor [...]

Sixty West Funds Chooses NES Financial to Administer ‘Old Fourth Ward’ Opportunity Fund

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Sixty West Funds — a Missouri-based firm with a development pipeline exceeding $850 million in Qualified Opportunity Zone projects. The tax incentives associated with the Opportunity Zones (OZ) program are designed to encourage long-term investment into [...]

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 [...]

Opportunity Zones Knock for US Retail

A federal investment program can breathe new life into America’s struggling malls and shops, but only a select few. Private Equity Real Estate June 30, 2019 By Kyle Campbell Original Article: https://www.perenews.com/opportunity-zones-knock-us-retail/ The demise of American retail has been well documented by real estate professionals and amateur observers alike. One blog has a running tally [...]

NES Financial Recognized on San Francisco Business Times’ 2019 Greater Bay Area Fintech List

NES Financial, a Silicon Valley fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced its debut on the annual Greater Bay Area fintech companies list. “Being named to the San Francisco Business Times’ Greater Bay Area FinTech list is a great honor and demonstrates NES Financial’s commitment [...]

NES Financial Extends Market Leadership with its Opportunity Zone Fund Administration Platform

NES Financial, a Silicon Valley 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 30th Opportunity Zone client with its purpose-built Opportunity Zone Fund Administration Suite. “With our Silicon Valley DNA and Big-Four accounting sensibilities, we continue to develop our [...]

Opportunity Zones Q&A: Are Distributions from an OZ Fund Taxable as Ordinary Income?

In hosting our Opportunity Zones webinar series, we’ve received many great questions covering a wide range of important topics. To help further your understanding of this exciting program, our General Counsel, Kelly Alton, a nationally recognized tax attorney who previously worked at the Office of Chief Counsel of the Internal Revenue Service National Office in [...]

Operational Efficiency in Private Equity: 4 Takeaways from the EY CFO Survey

Accounting firm Ernst & Young recently published their fifth annual survey of private equity CFOs. Unsurprisingly, they found that record inflows to private equity funds over the past few years have put strain on operations for all involved, no matter the fund size or geography. For funds both large and small, heightened competition and investor [...]