Compliance Requirements vs. Best Practices in OZ Fund Management

Earlier this year, NES Financial EVP Reid Thomas published an article in National Real Estate Investor titled “The Three Keys to Long-Term Success in the Opportunity Zone Program.” In this piece, Reid argued that the long-term fate of the OZ program will depend on industry self-regulating to avoid the pitfalls that have plagued other well-intentioned [...]

Griffin Capital Chooses NES Financial to Administer Opportunity Fund

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Griffin Capital Company, a leading alternative investment asset manager with more than two decades of investment and real estate experience. Griffin Capital’s alternative investment solutions include non-listed real estate investment trusts (REITs), actively managed interval funds, [...]

Congratulations to Newly Approved EB-5 Regional Centers – September 2019 Edition

NES Financial would like to congratulate the following new Regional Centers on their USCIS approval: ABC Global RC, LLC (California) National Eb-5 Wealth Center of California LLC (California): New England Center for Business Development, LLC (Maine): Permian Regional Center, d.b.a. Texas Energy Regional Center (New Mexico, Texas): Shoora Regional Center, LLC (Georgia) As new Regional [...]

2019-09-12T19:00:56+00:00September 11th, 2019|Categories: BLOG, EB-5|Tags: , , , |

Join Reid Thomas and EB5 Affiliate Network’s Live EB-5 Discussion on Five Things That Matter While Selecting a Project

Navigating EB-5 Program parameters isn’t easy, and once an investor decides to participate in the EB-5 Program, selecting the right project is crucial for both obtaining a Green Card and safeguarding capital. Because selecting and conducting diligence on EB-5 real estate projects can be such a daunting task, especially in light of forthcoming updates to [...]

2019-09-10T22:33:50+00:00September 10th, 2019|Categories: BLOG, EB-5|Tags: , , , , |

NES Financial to Administer Opportunity Zone Fund for Student Micro Housing

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Arcis Real Estate Capital LLC (“ArcisRE”), an investment management and advisory firm that sponsors and invests in operationally driven real estate asset types such as student micro housing, multifamily, senior living, and hospitality. The [...]

Why Technology is Reshaping the Private Equity Industry and how NES Financial Can Help

On September 17th, NES Financial’s Senior Vice President of Fund Administration Michael Richards will lead a roundtable discussion at the ALTSSEA conference called “Fund Administration: How Technology is Reshaping the Industry.” ALTSEEA is a one-day conference in Seattle that will feature leading practitioners from the fields of private equity, venture capital, real estate, hedge funds, [...]

DSTs Can Add Flexibility to a 1031 Exchange

Earlier this year we wrote about the growing market for 1031 exchanges using DST (Delaware Statutory Trust) investments as replacement property. Since then, interest in DST solutions for 1031 exchanges has continued to grow. A number of prospective 1031 exchange clients have shown interest in getting out of the property management business because they are [...]

EB-5 Version 3.0 Offers New Opportunities, Challenges

Despite negative rhetoric on immigration, global demand for U.S. citizenship seems to be at record highs, notes NES Financial's Reid Thomas. A Commercial Property Executive Article September 4, 2019 By Reid Thomas Original Article: The U.S. Citizenship and Immigration Services recently published new EB-5 regulations that go into effect on Nov. 21, 2019, and [...]

2019-09-05T04:36:21+00:00September 5th, 2019|Categories: BLOG, EB-5|Tags: , , , , |

Opportunity Zone Tax Benefits: 3 Major Reasons to Invest

For the majority of investors, the single most difficult part of putting together an Opportunity Zone Fund is rooted in the complexity of the regulations; however, whereas those complex regulations would benefit from clearer guidelines, they’re not exactly scaring away investors. In fact, in a recent survey, more than half of investors listed tax incentives [...]

3 Takeaways from the Forthcoming Updates to the EB-5 Program

It’s okay if you didn’t have time to sit down to read through the long-anticipated (and years-delayed) updates to the EB-5 Program rules — the changes and clarifications recently published by the Federal Register are 239 pages long. However, before the changes take effect on or after November 21, 2019, it would be wise to [...]

2019-08-31T04:29:08+00:00August 31st, 2019|Categories: BLOG, EB-5|Tags: , , , , |