San Jose, CA, May 5, 2016 – NES Financial announced today that Golden Opportunity Regional Center has selected its Intelligent EB-5 Escrow Administration Solution for the Regional Center’s latest project, San Diego Bayfront Phase I. NES Financial’s Intelligent EB-5 Solutions have been used on more than 450 projects representing over $20B in EB-5 capital – more than any other solution on the market.
The EB-5 program, created in 1990, encourages investment into projects that stimulate U.S. job growth. While relatively obscure in early decades, recent years have seen exponential growth in the use of this capital in projects of all types and sizes.
San Diego Bayfront Phase I is part of the Chula Vista Bayfront Master Plan between Pacifica Companies, the Port of San Diego, and the City of Chula Vista. The Plan is aimed at developing a former industrial space into residential condominium, hotel, retail, and office buildings.
“When marketing our project overseas, we found that the NES Financial name was already very recognizable,” said Emma Chen, Project Manager of China Commerce for Golden Opportunity Regional Center. “On top of helping us simplify our business process, their EB-5 Escrow Solution provides a unique level of transparency for our investors.”
NES Financial’s suite of Intelligent EB-5 Solutions is designed to cover the unique requirements of the entire EB-5 process, start to finish. The technology-enabled services provide security, transparency, and compliance for the utmost in regulatory compliance and investor confidence. Whether utilizing select products or the entire bundle, these unique solutions take care of the middle and back-office administration so issuers can focus on project success.
“Investors and agents understand the importance of EB-5 issuers working with a third-party administrator,” said Reid Thomas, NES Financial Executive Vice President. “NES Financial has become widely recognized both domestically and internationally as the leading EB-5 administrator, with solutions to help issuers and investors during every stage of the EB-5 process.”
About NES Financial
NES Financial provides technology-enabled services for the efficient middle and back office administration of highly specialized financial transactions. Our custom solutions include EB-5 escrows, 1031 exchanges, and fund administration services. Many of the world’s largest financial institutions and corporations rely on our proprietary technology, unparalleled expertise, and outstanding services to ensure the secure, transparent, and compliant management of funds. Recognized by Artisan Business Group as the 2013 and 2015 EB-5 Service Provider of the Year and by Inc. Magazine’s 500|5000 as one of the fastest growing private companies in America two years in a row, NES Financial helps companies lower operational costs, reduce risk, and improve ROI. For more information, visit nesfinancial.com.
About Golden Opportunity Regional Center
Golden Opportunity Regional Center received its USCIS designation in September of 2014. The Regional Center is approved for the San Diego, Orange, Los Angeles, Riverside, San Bernardino, Ventura, Santa Barbara, and San Luis Obispo counties of California. Golden Opportunity Regional Center focuses on and promotes economic growth in the construction of buildings, nursing and residential care facilities, and hotels and motels. For more information, visit gorc-eb5.com.