Posts Under Escrow Administration Category
Stop by and see our new solutions at IIUSA
06-14-2013
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 EB-5 industry. At this year’s…
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 482 jobs when it opens…
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 industry stakeholders. In a recent…
Chicago Convention Center: the silver lining
05-17-2013
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 recognized by the EB-5 community…
