San Jose, CA, April 10, 2014 – NES Financial announced today that it has been selected by RockBridge Senior Living Group to administer the EB-5 funds associated with the group’s current and future projects. NES Financial solutions are the most widely adopted EB-5 Escrow and EB-5 Fund Administration solutions on the market.
RockBridge Senior Living Group’s current assisted living facility, located in South Carolina, was founded to provide the highest level of quality service to seniors and their families, while maintaining the traditional southern experience. Using EB-5 capital, RockBridge Senior Living Group has plans to develop several more assisted living communities across the southeastern United States within the next five years.
“We chose NES Financial because of the security, transparency, and flexibility their solutions provide for us and our investors,” said Jeffrey Carmichael, Chief Operating Officer of RockBridge Senior Living Group. “These benefits simplify the process on our end, while providing confidence in what we have to offer to our investors. In today’s competitive EB-5 market, these solutions give us an advantage, and we plan on continuing to use NES Financial for our future projects.”
NES Financial’s suite of EB-5 solutions was designed specifically for the EB-5 industry and addresses the needs of all the key stakeholders. By combining purpose-built technology, administration services, expertise, and full audit trail capabilities, the company is able to deliver the most comprehensive suite of solutions on the market that benefit Regional Centers, developers, banks, attorneys, and investors throughout the entire EB-5 process.
“RockBridge Senior Living Group understands the importance of providing the absolute best service for their clients,” said Reid Thomas, NES Financial Executive Vice President. “Their commitment to use our solution going forward reinforces that optimizing business processes, addressing investor needs, and keeping up with ever increasing compliance requirements is going to continue to be an important focus for EB-5 issuers.”
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 transactions. 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 two years in a row by Inc. Magazine’s 500|5000 as one of the fastest growing private companies in America, NES Financial helps companies lower operational costs, reduce risk, and improve ROI. For more information, visit nesfinancial.com.
About RockBridge Senior Living Group
The mission of RockBridge Senior Living Group, “to welcome, to care, to serve,” derives from four primary points of view – purpose, passion, platform, and potential – that inspire every associate on a daily basis. RockBridge Senior Living Group was created to meet the increasing demand for quality assisted living communities and continues the tradition of beautiful southern towns with charm and friendliness, southern architecture, a meeting street concept, and the true experience of the genteel southern life. For more information, visit rockbridgeseniorliving.com.