NES Financial announced today that it has been selected by FrontFour Real Ventures LLC as the third-party administrator for the firm’s Nashville-based real estate private equity fund.
FrontFour’s investment strategy is to develop condominium and mixed-use real estate projects with a particular focus on areas with high walkability scores, strong demographic trends and general affordability. FrontFour expects the market environment in Nashville to be particularly favorable for the Fund’s focus on middle-market development deals.
“We were looking for a leading third-party fund administrator and were referred to NES Financial by another client of theirs,” said FrontFour co-founder David Lorber. “The sophistication of their technology and infrastructure is superior to other platforms that we evaluated.”
“Unlike other administrators that all leverage the same technology vendors, we developed our solution to provide both institutional-grade fund administration and workflow specific to the unique requirements of our clients’ funds,” said Reid Thomas, Executive VP and General Manager at NES Financial. “The efficiency of our fintech platform allows us to scale our offering without losing the one-to-one client support that’s so important to customers like FrontFour.”
Read more about the Nashville Read Estate Fund by clicking here.
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