Utah Regional Investment Fund chooses NES Financials EB-five Suite of Solutions for Waters Edge Resort Project


San Jose, CA (PRWEB) June 11, 2013

NES Economic announced today that the Utah Regional Investment Fund has deployed NES Financials EB-five Administration Suite of Solutions to administer funds associated with its Waters Edge Resort Project in Garden City, UT.

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Positioned on the scenic shores of Bear Lake, the Waters Edge Resort will incorporate an 84-room complete service hotel, 70 privately owned condominiums, 40,000 square feet of retail, restaurant and workplace space, and a 5,000 square foot conference facility. The project development will be one of the 1st Utah projects funded via the EB-5 plan and will produce an estimated 482 jobs when it opens at the finish of the year.

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Chairman and CEO Chris Shurian is determined to show the planet the breathtaking beauty of Bear Lake and is employing Waters Edge as a catalyst to turn the location into a true resort location. Each investor who has visited Bear Lake has been in awe of the astounding setting and captivated by the picturesque scenery.

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I required a companion who shared my vision and could assist get things carried out, said Shurian. I went with NES Economic simply because of their knowledge and expertise in the EB-5 business and their potential to help us in providing a high quality experience for investors. They comprehend the value of sustaining a relationship with investors and can support us manage and defend those relationships.

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NES Monetary, the market leader in EB-five escrow administration goods, supplies finish-to-finish escrow options constructed on its proprietary eSTAC technology, which ensures that all federal specifications are met and no methods are overlooked. When linked together, NES Financials EB-5 Suite of Solutions meets a crucial want for investors and their immigration attorneys by supplying a seamless audit trail of the flow of funds all through the life cycle of the immigration procedure from the I-526 application to the I-829 removal of circumstances.

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Even though the EB-5 plan is a wonderful way to raise capital that creates jobs, it is also about providing possibilities to foreign investors interested in starting a new life in the US, mentioned Reid Thomas, Executive Vice-President of Sales and Marketing and advertising at NES Monetary. We are pleased to perform with the group at the Utah Regional Investment Fund who is focused on the worth that added capabilities deliver to their investors by selecting our secure, transparent, and compliant solutions.

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Discover far more about NES Financials EB-5 Administration Solutions.

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About NES Economic

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NES Financial supplies technologies-enabled solutions for the efficient administration of very specialized economic transactions. Our custom solutions incorporate EB-five escrows, 1031 exchanges, and multi-tiered sub-accounting transactions. Several of the worlds largest financial institutions and corporations rely on our proprietary technologies, unparalleled expertise, and outstanding services to make sure the safe, transparent, and compliant management of funds. Repeatedly recognized by Inc. Magazines 500|5000 as one particular of the fastest growing private businesses in America, NES Financial aids firms lower administrative costs, lessen threat, and improve ROI. For much more data, check out http://www.nesf.com.

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About Utah Regional Investment Fund

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The Utah Regional Investment Fund (URIF) was approved in 2011 to market enhanced economic growth throughout the state of Utah. By leveraging existing economic sources, URIF is able to launch profitable commercial enterprises and achieve improved regional export sales, productivity, job creation, and domestic capital investment into rural and targeted employment areas. URIF focuses on viable projects in a broad variety of sectors which includes hospitality, lodging, restaurants, well being and wellness, and senior living. For far more info, check out http://www.fundutah.com.

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