NES Financial CRE Solutions help make life easier for real estate professionals
For more than a decade, NES Financial has developed innovative solutions for the Commercial Real Estate (CRE) industry. From the most advanced 1031 exchange to back office support for handling tenant security deposits, our solutions can address your every need. When it comes to buying and selling commercial real estate a 1031 exchange should never...
Stop by and see our new solutions at IIUSA
NES Financial is a gold sponsor at the 3rd Annual IIUSA EB-5 International Investment & Economic Development Forum, from June 19-21 in Las Vegas, NV. Stop by our booth and see a demonstration of our EB-5 escrow administration solutions. NES Financial is the only company to offer escrow solutions that are designed specifically for the...
Utah Regional Investment Fund chooses NES Financial’s EB-5 Suite of Solutions for Waters Edge Resort Project
The Utah Regional Investment Fund (URIF) announced today that it has chosen NES Financial’s EB-5 Administration Suite of Solutions to administer the funds associated with its Waters Edge Resort Project in Garden City, UT. The project development will be one of the first Utah projects funded through the EB-5 program and will create an estimated...
Congratulations to the newly approved Regional Centers!
NES Financial would like to congratulate the following new Regional Centers on their USCIS approval: Chicago Metro Regional Center Chicago Regional Center EB-5 West LLC Liberty South Regional Center Maryland Area Regional Center, LLC Powerdyne Regional Center San Gabriel Valley Regional Center Southeast Foreign Investment Center, LLC As a new Regional Center, it’s important to...
Key points from USCIS EB-5 Policy Memo
On May 30, 2013, the USCIS published a new EB-5 Policy Memorandum, implementing some policies from prior drafts with some new important changes. The most game-changing point is that Regional Centers no longer must be approved for a proposed enterprise’s project geographic area, industry, business method, or economic methodology before investors can file I-526 forms....
ICSC RECon 2013 does not disappoint
My colleagues and I had the pleasure of attending the annual RECon convention last week in Las Vegas, and as always, the event did not disappoint. The general consensus seemed to be that the real estate market is picking up, which is great news for all in the industry. 1031 Exchanges were as popular as...
Work with a leader in 1031 Reverse Exchanges
Last month I talked about 6 reasons to choose NES Financial as your Qualified Intermediary (QI). One reason in particular highlighted the unparalleled experience the team at NES Financial has when it comes to facilitating all types of 1031 Exchanges, including Reverse Exchanges. In fact, NES Financial is one of the few QIs who handle...
SEC to return escrowed EB-5 investment funds to investors of Intercontinental Regional Center Trust of Chicago
Last week I wrote about the silver lining to the Chicago Convention Center case. On April 9th, the U.S. District Court Judge directed the return of more than $147 million funds held in escrow to the investors of the project. The fact that the investors would have their monies returned is welcome news to all...
Chicago Convention Center: the silver lining
Much has been written about the Chicago Convention Center project over the last two months. In early February the Securities and Exchange Commission (SEC) filed suit against the Regional Center and its principals alleging violations of securities laws and fraud. Appropriately, both the SEC and the United States Citizenship and Immigration Service (USCIS) are being...
NES Financial to exhibit innovative solutions at RECon 2013
Next week at the International Council of Shopping Centers’ (ICSC) annual RECon convention, NES Financial will exhibit its industry-leading 1031 Exchange Solutions, EB-5 Solutions, and Sub-accounting Solutions that help real estate companies manage funds through the entire equity life cycle. The ICSC RECon convention is being held this year in Las Vegas, NV on May...
