The company’s leading 1031 exchange and EB-5 solutions are designed to help optimize and grow portfolios for commercial real estate companies
San Jose, CA, May 15, 2012– NES Financial, a leading provider of trust and escrow administration technology and services for the banking industry and Fortune 500 companies, will exhibit its leading 1031 exchange and EB-5 solutions during ICSC’s RECon convention on May 20-23, 2012 in Las Vegas, NV.
As the leading provider of 1031 exchange services, NES Financial’s suite of 1031 Exchange Solutions ensures the highest levels of security, transparency, and compliance and has set the standards for best practices in the industry for over a decade.
The company will also showcase its industry-leading EB-5 Solutions, and present the financial advantages the EB-5 Program can provide to commercial real estate projects. The government-approved EB-5 program is a great way for real estate companies to raise capital needed for new construction projects. In 2011, over $1.25 billion in capital was raised through the EB-5 program.
“ICSC’s RECon convention is the perfect opportunity to present our solutions to real estate professionals,” said Reid Thomas, NES Financial’s Executive Vice President of Worldwide Sales and Marketing. “Our 1031 exchange and EB-5 solutions are designed to help commercial real estate professionals extend their capital resources.”
NES Financial will be joined by Alan Fruitman, President & Managing Broker at 1031tax.com, Joseph McCarthy, partner at McAdam & McCarthy, and Kevin Wright, President of Wright Johnson, LLC, to discuss 1031 exchange and EB-5 solutions in their booth (SF9) in the Finance Pavilion.
RECon is the largest industry convention that offers over 30,000 attendees and 1,000 exhibitors in the shopping center industry the opportunity to network with top retail real estate professionals from around the world.
For more information on NES Financial’s solutions, click here.
About NES Financial
NES Financial (NESF) is a leading provider of trust and escrow administration technology and services for banks, other financial institutions and Fortune 500 companies. The company’s state-of-the-art virtual private cloud-based solutions provide banks and financial institutions with increased fee revenue opportunities, reduced compliance costs and improved operating efficiency. NES Financial focuses on business sectors with complex processes, significant compliance requirements, and large sub-accounting needs, including landlord/tenant security deposit escrows, client trust accounts, capital raises, pre-need trusts and many more. NES Financial was recently ranked in Inc. magazine’s 500|5000 list of fastest-growing businesses in America.
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