More investment activity is starting from New York and Florida, however, that gap will close as California investors get added clarity about opportunity zone funds, leading to increased involvement.
NES Financial has combined its expertise in administering tax-deferred investments and government-regulated investment programs (such as the EB-5 immigrant investor program and 1031 tax-deferred exchanges) with its institutional-quality private equity fund administration services to create a purpose-built opportunity zone fund administration solution. In this exclusive, Michael Halloran, founder and CEO of NES Financial, recently shared his insights on opportunity zones within California, where investments are going and where investments are staying.