Opportunity Zones

Q&A’s from NES Financial’s “How Opportunity Zones Can Work For You” Webinar

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 — [...]

Compliance Requirements vs. Best Practices in OZ Fund Management

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 [...]

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 [...]

Opportunity Zone Tax Benefits: 3 Major Reasons to Invest

"Erin Gillespie, the Founder of Madison Street Strategies, defines the three major Opportunity Zone tax benefits and how investors can capitalize" For the majority of investors, the single most difficult part of putting together an Opportunity Zone Fund is rooted in the complexity of the regulations. However, whereas those complex regulations would benefit from clearer [...]

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 [...]

The Changing Landscape of Private Equity Through Opportunity Zones: Why You Need NES Financial on Your Team

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 [...]

Meet the OZ Webinar Speakers: Opportunity Zones Q&A with Madison Street Strategies’ Founder Erin Gillespie

"Meet the OZ Webinar Speakers - Erin Gillespie" 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 [...]

Opportunity Zones Newsletter Week of August 5, 2019

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.” [...]

OZ Data Insights: What’s Motivating Opportunity Zone Investors?

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 [...]