Types

Types2017-02-14T20:29:55+00:00

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 thought leaders from both industry and government. The keynote will be delivered by Daniel Kowalski, Counselor to the Secretary at [...]

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 the capital stack rarely available to investors and targets superior risk-adjusted returns as compared to typical retail or “LP” investments. [...]

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 restricted to real property exchanges. This statutory amendment not only changed what qualifies for tax-deferred exchanges, but it also appears [...]

NES Financial Signs 20th Opportunity Zone Fund to Groundbreaking Administration Platform

NES Financial has recently contracted to provide its 20th Opportunity Zone Fund client with its purpose-built Opportunity Zone Fund Administration Suite, which is designed to provide the utmost in security, transparency and compliance to fund managers and investors alike. NES Financial’s innovative, technology-enabled administration expertise, which has already revolutionized best practices in industries as diverse as private equity, EB-5 investor visas and tax-deferred 1031 property exchanges, is now poised to do the same for Opportunity [...]

NES Financial Selected as Preferred 1031 Exchange Accommodator and Opportunity Zone Fund Administrator to The Wealth Engineering Alliance

NES Financial has been selected as a preferred service provider to The Wealth Engineering Alliance (WEA), a division of The Financial Engineering Institute (FEI), and their client network of more than 2,200 wealth management firms. This agreement secures NES Financial’s place on WEA’s Expert Sourcing Team — a collection of financial service providers deemed best in their respective fields, which together create “a synchronized hub for family and business wealth building.” Nick Gregory founded the [...]

Epelboim Will Utilize NES Financial EB-5 Platinum Medallion Suite for Atlanta Hotel Development

Epelboim Development Group (EDG) has selected NES Financial’s suite of EB-5 solutions for the new EVEN Hotel by IHG in Atlanta, Georgia. EDG will utilize NES Financial’s EB-5 Capital, Process, and Accounting Administration Suites, which are designed to help developers raise and deploy EB-5 capital more quickly, minimize risk, and streamline project efficiency. The EB-5 program, created in 1990, encourages foreign investment into projects that stimulate U.S. job growth. Once relatively obscure, in the decade [...]