Industry-Leading Fund Administration Solutions Will Provide Security, Transparency and Compliance Throughout the Immigrant Investor Process
New Jersey based Forte Real Estate Development, the firm behind The View at Middlesex, has selected NES Financial’s suite of EB-5 solutions for the project. Forte 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 the decade since the financial crisis began 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 675 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 View at Middlesex 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.
Forte worked in partnership for over seven years with Middlesex Borough, the Middlesex County Improvement Authority’s Economic Development Division, and the New Jersey Institute of Technology to transform this site into the largest development project Middlesex has seen in decades.
“We’re pleased to be working with NES Financial on The View at Middlesex,” said Fabio Di Prima, Vice President of Acquisitions at Forte. “Their track record in the industry is unmatched by any other fund administrator, and their involvement provides dual benefit: massive administrative relief to our back-end staff, as well as assurance to our EB-5 investors that their funds are secure.”
Read the full press release about the EB-5 New Jersey Project by clicking here.
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