NES Financial will be providing its unique EB-5 Intelligent Escrow and Fund Administration solutions for two of the Southern States Regional Center’s current projects – Symphony at Eagles Landing and Hyatt Place Hotel. Between the two projects, both located in Georgia, nearly $20 million in EB-5 capital will be raised.
“We wanted a winning solution for both the investor and developer, where the benefits were unique and clear,” said Bruce Nicely, Principal of Southern States Regional Center. “The features of the NES Financial EB-5 Fund Administration solution, such as financial tracking, document management, and the audit trail reporting, allow for full visibility for us and for our investors.”
NES Financial’s suite of EB-5 solutions was built specifically to meet the needs of EB-5 stakeholders. The suite of solutions provides value over the entire EB-5 life cycle, from start to finish. Our industry leading EB-5 Intelligent Escrow solution combined with the EB-5 Fund Administration and EB-5 Immigration Workflow solutions track and manage the flow of funds and immigration documents with the highest levels of security, transparency, and compliance. By handing off the back office administration to NES Financial, EB-5 issuers can reduce their overall expenses while enabling them to focus on the core needs of their project.
“Like Southern States Regional Center, many other active Regional Centers are running multiple projects concurrently. As the EB-5 services market leader, we understand the need to have a solution that scales as our clients grow from projects as small as one investor to multiple projects with hundreds or even thousands of investors,” said Reid Thomas, Executive Vice President of NES Financial. “Unlike traditional fund administration services, we specifically designed our EB-5 solution suite to be able to cost effectively scale and meet the growing needs of our clients.”
Read the full press release, by clicking here.
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