Michael Halloran Michael Halloran, founder and CEO of NES Financial, recently shared insights on opportunity zones.

SAN FRANCISCO—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.

GlobeSt.com: Where does California stand with opportunity zone funds? Are California investors and fund managers more active compared to other states or less?

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.