Name: Reid Thomas, EVP Worldwide Sales and Marketing
Bio: Reid is responsible for global sales and marketing at NES Financial. He brings over 20 years of experience in sales and marketing at both private and public companies, and has held executive sales and marketing positions at other high growth Silicon Valley companies including Sylantro Systems, an industry pioneer in Voice Over IP, VINA Technologies, where he significantly increased the company’s revenues and market share leading to a successful IPO in 2000, and Octel Communications, which was acquired by Lucent Technologies. Most recently Reid served as SVP of Global Sales at Laszlo Systems, a global leader and pioneer in Rich Internet Applications. He holds a degree in Electrical Engineering from Queen’s University at Kingston, Ontario.
Posts by EVP Worldwide Sales and Marketing:
- 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
NES Financial CRE Solutions help make life easier for real estate professionals
June 18th, 2013For 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 be overlooked. NES Financial is a leading Qualified Intermediary, providing secure, transparent, and compliant 1031 exchanges. Our team has the knowledge and experience to facilitate any exchange scenario. In fact, our General Counsel helped develop significant 1031 exchange guidance during her tenure at the IRS National Office.
If you are not buying or selling but actively operating the properties in your portfolio, our back office solutions will serve you best. By providing advanced sub-accounting and customizable reporting capabilities, the days of utilizing spreadsheets to manage post-closing escrows or multi-family rent security deposits, will be forgotten. Multi-party escrow accounts with our back office support offer the utmost in efficiency, security and the latest technology has to offer.
Partner with someone you can trust. NES Financial guarantees industry leading safety measures and processes, a highly qualified team of experts, and compliant, customizable 1031 Exchange Solutions to meet your business needs.
Check out this video to learn more.
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If you like this post, get more information on NES Financial’s 1031 Exchange Solutions by downloading our 1031 Exchange Kit.
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Utah Regional Investment Fund chooses NES Financial’s EB-5 Suite of Solutions for Waters Edge Resort Project
June 12th, 2013The 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 482 jobs when it opens at the end of the year.
The Waters Edge Resort, located on the scenic shores of Bear Lake, is surrounded by captivating scenery that has left every investor who has come out to see it speechless. Chris Shurian, Chairman and CEO, is intent on using Waters Edge as a catalyst to turn the area into a true resort destination. Shurian went with NES Financial because of our “knowledge and experience in the EB-5 industry” as well as our commitment to “maintaining a relationship with investors.”
NES Financial is the market leader in EB-5 escrow administration products, providing end-to-end escrow solutions built on our proprietary eSTAC™ technology. When linked together, the NES Financial EB-5 Suite of Solutions meets a critical need for investors and immigration attorneys by providing a seamless audit trail of the flow of funds throughout the life cycle of the immigration process.
Find out why URIF chose NES Financial’s EB-5 Suite of Solutions by reading the full press release.
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Download our EB-5 Solution Kit to learn how NES Financial’s EB-5 solutions can benefit your Regional Center.
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Congratulations to the newly approved Regional Centers!
June 6th, 2013NES Financial would like to congratulate the following new Regional Centers on their USCIS approval:
As a new Regional Center, it’s important to put the right team and processes in place before taking your projects to the market. That’s why many Regional Centers choose our EB-5 Escrow Account Solutions. The NES Financial product suite streamlines the management of investor funds and reduces the administrative burden for Regional Centers, allowing you to focus on raising capital and generating new jobs. NES Financial’s suite of EB-5 escrow administration solutions provide the highest level of funds security, transactional transparency, and compliance for you and your investors.
Learn more about best practices in escrow administration for Regional Centers.
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If you like this post, get more information on NES Financial’s EB-5 solutions by downloading our EB-5 Solution Kit.
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For more insights on NES Financial, follow us on Facebook , Twitter, and LinkedIn! NES Financial welcomes your questions and opinions. Allow us to address your business needs by contacting us here, or comment on this post below! We look forward to hearing from you!
Key points from USCIS EB-5 Policy Memo
June 5th, 2013On 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. As long as the project meets USCIS policy, it can be sponsored even without USCIS approval.
The other major change involves allowing a way out for investors whose investment enterprise projects have materially changed since they immigrated as conditional residents.
The Memorandum goes on to list more changes that have occurred. See a synopsis of everything the memo has done by clicking here.
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For more insights on NES Financial, follow us on Facebook , Twitter, and LinkedIn! NES Financial welcomes your questions and opinions. Allow us to address your business needs by contacting us here, or comment on this post below. We look forward to hearing from you!
