Types

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

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. FrontFour expects the market environment in Nashville to be particularly favorable for the Fund’s focus on middle-market development deals. “We [...]

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 EB-5 program, created in 1990, encourages foreign investment into projects that stimulate U.S. job growth. Once relatively obscure, in the [...]

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 [...]