New Joint Venture Will Capitalize on Mexico's Housing... -
[Cached Version]
Published on: 9/29/2004
Last Visited: 9/29/2004
"The country's affordable housing sector is experiencing explosive demand, but the domestic financial system, particularly on the equity side, is not adequate to provide homebuilders with the funds they require to meet this demand," said Carlos Valenzuela, President of Mexico Home Capital and a prominent figure in the Mexican housing sector since the early 1990's."Our joint venture, which combines Mexican investment sources with U.S. and global sources, will provide a much-needed infusion of capital into the industry and will offer significant benefits for Mexico's homebuilders, just as it does for our institutional investment partners.This will be an opportunity for Mexican homebuilders to access a sustainable source of equity development capital that simply is not available otherwise," he explained.
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Carlos Valenzuela, President, Mexico Home Capital, Ltd.
Phone: 011+52 (55) 9171-1136
E-mail: carlos.valenzuela@mexicohome.com