NES Financial announced today that NuRide Transportation Group LLC has implemented its EB-5 Fund Administration Solution on the company’s New York City Green project.
New York City Green is an overall transportation solution designed specifically for accessibility needs. An ongoing project, NuRide Transportation Group LLC provides nearly every type of vehicular transportation service, including an eco-friendly line. The first EB-5 developer for a transportation project, NuRide has already received approvals in under 11 months.
“NES Financial is known in the industry as being the top third-party administrator,” said Brandi Robinson, Chief of Staff for NuRide Transportation Group LLC. “The transparency they provide for investors along with top-rated customer service for us as the developer enables us to work more efficiently.”
“EB-5 issuers are increasingly looking to third-party service providers to meet their fund administration needs,” said Reid Thomas, NES Financial Executive Vice President. “Our solutions are purpose built to meet the unique requirements of the EB-5 industry, enabling our clients to focus on their job-creating project while leveraging the solutions to provide additional security and transparency to their investors.”
NES Financial’s suite of Intelligent EB-5 Solutions is designed to cover the unique requirements of the entire EB-5 process, start to finish. Each solution provides security, transparency, and compliance for the utmost investor confidence in a project. Whether utilizing select products or the entire bundle, these unique solutions take care of the middle and back office administration so issuers can focus on doing what they do best.