The Importance of a Regional Center Operational Plan [Article]

Read the article   According to Form I-924 instructions for regional center designation, an application must include a business plan for how the principals of the regional center anticipate they will manage and operate the regional center once approved. In recent years, USCIS has begun to scrutinize this business plan — also called an [...]

California Opportunity Zone Funds: A Developing Compliance Landscape

By Michael Halloran, Chairman and CEO of NES Financial Originally published in The Registry. As innovative as California is, there’s one key area the state could better improve in and can’t afford to be in last place for: Opportunity Zones. The basics of the Opportunity Zone program are intentionally simple. Individuals who reinvest capital gains [...]

NES Financial’s Private Equity Fund Administration Selected by FrontFour Real Ventures for Nashville Real Estate Fund

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. [...]

PNJ5 Chooses NES Financial EB-5 Solution Suite for Sacramento Hyatt Development

Bay Area development firm PNJ5 has selected NES Financial’s suite of EB-5 solutions for the new Hyatt Centric hotel project in Sacramento, California. PNJ5 will utilize NES Financial’s EB-5 Process, and Accounting Administration Suites, which are designed to help issuers raise and deploy EB-5 capital more quickly, while minimizing risk and streamlining project efficiency. The [...]

2019-04-23T17:13:26+00:00April 23rd, 2019|Categories: EB-5, Press Release|Tags: , , , , |

NES Financial to Sponsor Novogradac Opportunity Zones Spring Conference

NES Financial will sponsor the upcoming Novogradac 2019 Opportunity Zones Spring Conference, to be held in Denver, CO, on April 25–26th. Novogradac’s conferences are among the OZ industry’s most anticipated events — more than 900 people attended their Fall Opportunity Zones Conference last year, and even more are expected later this month. Featured speakers will include [...]

Meet Next Week’s OZ Webinar Speakers

“Opportunity Zones Industry Insights, Q2 2019” An NES Financial Webinar Wednesday, April 17 | 11 AM Pacific | Free Register Now   We have an impressive lineup of industry experts presenting at next week’s Opportunity Zones webinar. Tune in next Wednesday, April 17th, and hear what the following speakers have to say: Reid Thomas [...]

Opportunity Zones Q&A: How Much of an OZ Fund Can One Investor Own?

During our Q3 and Q4 Opportunity Zones webinars last year, we received many great questions covering a wide range of important topics. To help further your understanding of this exciting new program, our General Counsel, Kelly Alton, a nationally recognized tax attorney who previously worked at the Office of Chief Counsel of the Internal Revenue [...]

The Future of EB-5 Fundraising [Article]

Read the article   Now that China’s EB-5 visa backlog has stretched well into the 2030s, the powerful Chinese visa agents — who once controlled the flow of information to the majority of the industry’s investors — have largely gone away. Who, or what, will replace them? In this week’s featured article, Kurt Reuss, [...]

NES Financial’s Fund Administration Solution Selected by Clairmont Capital Group for Launch of $50M Real Estate Fund

NES Financial has been selected by Clairmont Capital Group (CCG) as the third-party administrator for the firm’s latest private equity real estate fund. Clairmont Capital Group is a Los Angeles-based real estate private equity firm that specializes in General Partner (“GP”) equity co-investments in institutional-grade ventures. Clairmont’s unique model offers access to a tranche of [...]

Growing Market for 1031 DST (Delaware Statutory Trust) Investments

Originally published in the New England Real Estate Journal. Read the Original Article As part of the Tax Cuts and Jobs Act enacted in late December 2017, the definition of eligible property for Section 1031 exchanges was changed dramatically. After many decades of allowing exchanges of personal (i.e., non-real) property, Section 1031 treatment is now [...]