One of the country’s largest EB-5 and Opportunity Zone fund administrators will be acquired for at least $40 million amid a push to change EB-5 rules to boost the economy. San Jose, California-based NES Financial on Thursday agreed to be acquired by JTC PLC, a provider of fund, corporate and private client services. Combined, the funds will service $130 billion in assets, according to a news release. NES Financial has been a significant player in
source https://therealdeal.com/2020/04/03/eb-5-fund-administrator-sells-amid-push-to-bring-program-back-from-the-dead/
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