NES Financial to Showcase Latest Commercial Real Estate Solutions at the 2014 ICSC Western Division Conference
San Jose, CA (PRWEB) September 24, 2014 -- NES Financial will be exhibiting at this year’s International Council of Shopping Centers’ (ICSC) Western Division Conference on October 1 - 2 in San Diego, California. NES Financial combines experience, expertise, and technology to provide commercial real estate professionals with highly scalable and tailored solutions to help them make complex financial processes easy. From capital raise, through development and operations, and to disposition, the company’s unique solutions help manage and track funds through the equity life cycle of real estate investments.
One of the latest trends in the CRE industry is the use of EB-5 capital as a part of a project’s overall capital stack. This relatively low-cost source of capital is being widely used to build hotels, restaurants, medical facilities, office buildings, apartments, and more. The EB-5 program was created in 1990 to encourage investment into government-approved projects that create U.S. based jobs, while providing an opportunity for foreign nationals to become lawful permanent residents.
NES Financial is the leading provider of EB-5 escrow and fund administration services. The company has been engaged on more than 250 EB-5 projects representing over $10 billion in capital.
“Use of the EB-5 program among commercial real estate developers continues to be a hot topic,” said Reid Thomas, NES Financial Executive Vice President. “Although the program can be a great source of low-cost capital, navigating the rules and regulations can be complex. It is imperative to work with an experienced partner who can help maneuver through the process and achieve project success.”
In addition to showcasing its leading suite of EB-5 Solutions, the company will also be demonstrating the latest enhancements to its 1031 exchange solutions. A 1031 exchange is a great way to defer taxes on the sale of like-kind assets in the disposition phase. NES Financial is the leading independent 1031 qualified intermediary in the country, providing all types of exchanges for more Fortune 500 companies than anyone else. The company, built on the founding principles of security, transparency, and compliance, processes more than $85 billion in funds on an annual basis.
ICSC’s annual Western Division Conference is a great opportunity for owners, developers, retailers, brokers, lenders, and other industry professionals to network, stay updated on the latest news and trends, and create lasting business partnerships.
About NES Financial
NES Financial provides technology-enabled services for the efficient middle and back office administration of highly specialized financial transactions. Our custom solutions include EB-5 escrows, 1031 exchanges, and fund administration transactions. Many of the world’s largest financial institutions and corporations rely on our proprietary technology, unparalleled expertise, and outstanding services to ensure the secure, transparent, and compliant management of funds. Recognized two years in a row by Inc. Magazine’s 500|5000 as one of the fastest growing private companies in America, NES Financial helps companies lower operational costs, reduce risk, and improve ROI. For more information, visit nesfinancial.com.
Laura Kelly, NES Financial, http://www.nesf.com, +1 (408) 367-0826, [email protected]
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