Learn more about the recently introduced IMPACT Act, which includes impact reporting requirements that will provide the necessary data to measure the effects of the Opportunity Zones initiative.
About Reid Thomas
Reid Thomas serves as the executive vice president at NES Financial, a technology-driven financial service provider based in San Jose, California.
With the aim to streamline complex financial transactions, NES utilizes its special financial administration platform to empower financial services and increase data security, analytical power and transparency. NES serves commercial real estate development and management companies, private equity firms and alternative assets. The company specializes in EB-5 administration, 1031 exchange, the Opportunity Zone program and other types of fund management services.
At NES, Thomas oversees the daily operation of the company’s specialty financial administration department. He spearheads the growth of NES’ business in the spaces of Opportunity Zone and EB-5. In addition, he develops customized IT solutions to simplify service procedures and increase efficiency.
Prior to joining NES, Thomas served as a senior vice president of worldwide sales and distribution at Laszlo Systems, where he led the company’s global sales effort. He also held management roles at Sylantro Systems Corp., VINA Technologies and Lucent Technologies.
Thomas holds two degrees, one in electrical engineering and the other in computer science, from Queen’s University.
Articles
- November 12, 2019
Based on data since the launch of the OZ program, investor motives are shifting and funds are heading to those OZ communities that need it most.
- June 19, 2020
Impact Measurement standards are essential for fulfilling the initiative’s promise to empower U.S. communities that have long been left behind.