NES Financial Confirms PARTICIPANT Capital Will Utilize New EB-5 Redeployment Marketplace

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Innovative Solution Will Deliver Security, Transparency and Compliance to PARTICIPANT Throughout Redeployment Process

Now, with the launch of our PARTICIPANT Capital fund onto the EB-5 Redeployment Marketplace, we’ve introduced more flexibility for compliant redeployment options for NCEs.

Earlier this month, NES Financial announced that it had launched a first-of-its-kind EB-5 Redeployment Marketplace in collaboration with Capital United and Greystone. Following this, the innovative fund administrator confirmed today that PARTICIPANT Capital has contracted with the EB-5 Redeployment Marketplace to offer an EB-5 Redeployment Fund for NCEs that are required to redeploy capital.

As wait times for Chinese-born EB-5 investors surpass the average length of EB-5 development projects, the need for NCEs to “redeploy” EB-5 investment capital into secondary projects (to maintain the required “at risk” status of the funds) has become a challenging industry reality, and one that can dramatically increase investor risk.

“EB-5 Investors that have already met the job-creation requirements of the program deserve to have their capital redeployed in a way that is consistent with their objectives,” said Daniel Kodsi, CEO of PARTICIPANT Capital. “Now, with the launch of our PARTICIPANT Capital fund onto the EB-5 Redeployment Marketplace, we’ve introduced more flexibility for compliant redeployment options for NCEs.”

The EB-5 Redeployment Marketplace was built from the ground up to connect NCE investors with high-quality investment opportunities, and designed to satisfy USCIS requirements for redeploying EB-5 investment capital in a fast and compliant fashion. The Marketplace covers the critically important areas of independent third-party investment advisement and fund administration oversight, as well as due diligence and underwriting approval of investment opportunities such as PARTICIPANT, which has already received a preliminary approval.

“Redeployment needs have challenged stakeholders throughout the EB-5 industry,” said Reid Thomas, Executive Vice President and General Manager of EB-5 at NES Financial. “In particular, NCEs often struggle to identify secure, risk-appropriate investment options with adequate liquidity, and which also avoid any potential conflict of interest with EB-5 investors. By utilizing the EB-5 Redeployment Marketplace, NCEs are better positioned to satisfy their fiduciary obligation to investors.”

For additional information about the EB-5 Redeployment Marketplace, contact an NES Financial representative at 1-800-339-1031.

About NES Financial
NES Financial is a Silicon Valley financial technology (FinTech) company providing technology-enabled solutions and services for the efficient back- and middle-office administration of complex financial transactions. Serving private equity, commercial real estate, and Fortune 1000 clientele, NES Financial offers industry-leading private equity fund administration, loan servicing, specialized EB-5 and Opportunity Zone Fund Administration, and 1031 tax-deferred exchange services. Their unwavering commitment to data security, operational redundancy, and compliance reporting is evidenced by 12 consecutive years of successful independent audits of their technology, processes, and financial controls. Today, NES Financial services over 190 funds, administers over $20B annually, and has worked with more than 675 EB-5 projects. For more information, visit nesfinancial.com.

About PARTICIPANT Capital
PARTICIPANT Capital (“PARTICIPANT”) is a leading alternative investment manager focused on commercial and residential real estate development. PARTICIPANT’s platform encompasses a family of funds focusing on debt and equity investments across diverse geographies and multiple asset classes. This platform enables investors to participate in a wider range of investment vehicles alongside institutional investors.

PARTICIPANT is an affiliate of Royal Palm Companies (RPC), a commercial and residential real estate development company. Since the 1970s, RPC has developed more than $2.5 billion in real estate on more than 50 projects, including the luxury-branded PARAMOUNT developments in Miami and Fort Lauderdale. PARTICIPANT was formed in 2011 to enable individual investors to participate in projects alongside the developer. The firm’s fundamental corporate and investment strategies demonstrate a successful track record of steady returns, owing to management’s ability to invest in properties that outperform the general market.

With its proven operating capabilities and visionary management, PARTICIPANT offers real estate investment vehicles with broader opportunities. For more information, please visit participantcapital.com.

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