Epelboim Development Group (EDG), the firm behind the new Tru by Hilton hotel in Orlando, Florida, has selected NES Financial’s suite of EB-5 solutions for the project. Epelboim will utilize NES Financial’s EB-5 Capital, Process, and Accounting Administration Suites, which are designed to help developers raise and deploy EB-5 capital more quickly, minimize risk, and streamline project efficiency.
The EB-5 program, created in 1990, encourages foreign investment into projects that stimulate U.S. job growth. Once relatively obscure, in recent years there has been an exponential rise in the use of EB-5 capital in projects of all types and sizes. NES Financial’s Intelligent EB-5 Solutions have been used on more than 550 projects, representing over $20B in EB-5 capital — more than any other service provider in the market.
Use of these EB-5 Solution Suites has earned the Tru development an NES Financial “Platinum Medallion,” signifying the project’s commitment to industry best practices and to providing investors with the highest levels of security, transparency and compliance.
“When it comes to EB-5 funding, there’s never been a time of greater competition for investor dollars,” said Reid Thomas, Executive Vice President & General Manager at NES Financial. “Medallion Platinum projects are attractive to investors looking for the utmost in EB-5 security, transparency and compliance. This recognition can be a key differentiator in this competitive market environment.”
Read the full press release by clicking here.
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