BEVERLY HILLS, Calif.--(BUSINESS WIRE)--NMS Capital Group (NMS), August 18 2014, a Beverly Hills based management consulting and financial services firm today announced that Steve Shpilsky has joined the firm as Managing Director and Head of the Firm’s EB-5 Real Estate and Consulting Practice Group.
Mr. Shpilsky is a proven seasoned professional in the EB-5 services sector. He is the co-founder of California Real Estate Regional Center (“CaRE”) and the founder of Hollywood Film Capital EB-5 Regional Center. During his tenure to date as a Regional Center Principal, Mr. Shpilsky has concluded two real estate projects including the Marriott Autograph Imperial Beach, CA and the Hyatt Andaz Palm Springs, CA with a total EB-5 transaction value of $28.5 million ($105 million total project costs). CaRE’s current EB-5 deal pipeline includes two branded hotels in Southern California with a total EB-5 transaction value of $159 million. In addition, Mr. Shpilsky has advised several consulting clients on establishing several Regional Centers throughout the country.
Previously, Mr. Shpilsky spent seven years with PricewaterhouseCoopers (PwC) in San Jose, San Francisco and Moscow, Russia as a Senior Manager in their Advisory Group specializing in the Foreign Corrupt Practices Act, Anti-Money Laundering, financial due diligence and regulatory compliance. Following this, Mr. Shpilsky managed a €100 million real estate fund in Eastern Europe. Most recently, Mr. Shpilsky has served as an Advisor to a Russian family office on the acquisition of 4.6 million square feet of U.S. commercial real estate valued at over $660 million.
In his role at NMS, Mr. Shpilsky shall lead the EB-5 Consulting Services team and work in conjunction with NMS’ affiliated broker dealers and investment banking team ensuring that all NMS EB-5 clients are not only in compliance with SEC and FINRA regulations, but in compliance with the United States Citizenship and Immigration Services (USCIS).
Trevor M. Saliba, Group Chairman and Senior Managing Director stated, “It’s a pleasure to welcome Steve to the NMS team. He’s a proven professional with a track record of success both in and out of the EB-5 sector. The firm is already seeing the positive results from Steve’s role as Head of the EB-5 Real Estate and Consulting Group.”
Steve Shpilsky stated, “The EB-5 industry has matured over the past two years. NMS is one of the first true investment banks and advisors that have identified the need to “institutionalize” the EB-5 product in terms of transparency, regulatory compliance, professionalism, and synergy with other financial products.”
In addition to Mr. Shpilsky’s role at NMS, he also sits on the Advisory Board of www.Bay.ru, one of Russia’s fastest growing e-commerce sites and is on the Steering Committee of the Milken Institute Young Leaders Circle. Mr. Shpilsky has a BS in Accounting and an MBA from the University of Southern California and is a Certified Public Account.
NMS Capital Group, LLC, through its group subsidiaries and affiliates is a global, privately held, diversified financial services firm providing investment banking, mergers & acquisitions, management consulting, asset management and wealth management services to clients throughout the United States, Asia, Europe and the Middle East.