creiZ about Real Estate and Deals

Panamanian President Martin Torrijos said his country will maintain high levels of growth and a low jobless rate next year even as the credit crisis triggers a worldwide economic slowdown.

The Central American country’s economy will probably expand between 6.5 percent and 8 percent in 2009 and 9 percent this year, Torrijos said in an interview with Bloomberg Television today in Panama City. The U.S. recession won’t impede financing for his government’s $5.2 billion project to expand the Panama Canal, he said.

Just saw this on Bloomberg: Bloomberg.com: Latin America

Think now is a time to invest in Panama?

Tags: panama, econmiccrisis, martin torrijos, growth, panama hotels

Posted by eMarv at 09:15 PM | Permalink | Comments (0) | TrackBacks (0)

I ran across this article from WashingtonTimesGlobal.com and thought it would be of interest. Here's an excerpt:

In addition to the hundreds of investment opportunities generated by the expansion project of the Panama Canal and the expanding logistics center, the growth in the tourism industry is resulting in numerous investment opportunities in related services and accommodations. These options are made more attractive by special government incentives, which include the Special Tourism Zones Law that offers incentives such as a 100 percent exemption from income tax, real estate tax, import duties for construction materials and equipment, and other taxes.

Continue reading "Now is the time to invest in tourism products and services in Panama - from WashingtonTimesGlobal.com" »

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Posted by eMarv at 10:41 AM | Permalink | Comments (0) | TrackBacks (0)

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Perth had an occupancy rate of 85.1 percent, Deloitte said in a report released today. Next on the list, which tracks 7,800 hotels in 165 cities outside the U.S., was Panama with 84.7 percent followed by Dubai at 84.5 percent.

Wow! Everyone in Panama and that visits Panama kept telling me about the high occupancy rates. Now, I have proof, which will be useful as I am putting together a team for hotel development in Panama City.

I've got a real estate investment banking firm interested and am looking for development partners and a brand (thinking Hilton since they have a small presence in Panama).

Know of any companies that may be interested?

UPDATE: The multi-billion dollar, multi-year expansion of the Panama Canal and the fact that is international banking center with over 80 international banks are only a couple of the reasons why the Hilton, Orient-Express and Marriott among others are starting or expanding their presence in Panama. You can find out more about Panama hotel investment and development projects by visiting the Panama Hotel Investment and Development Projects page or email any specific questions.

Tags: panamareal estate, panama hotels, panama occupancy rates, panama hotel development, panama real estate investment banking

Posted by eMarv at 06:02 PM | Permalink | Comments (0) | TrackBacks (0)

FOCUS

Our primary area of focus is in finding opportunistic (i.e. value-add or as-is) multi-family real estate properties in the United States where we can increase the value of a property by 25%-50% (or more) through physical and managerial improvements.

PARTNERING 

We are interested in partnering with institutional, international and other accredited investors that are looking for higher yields than typical turn-key real estate investment properties can provide. Whereas a NNN leased single tenant office building can provide cash-on-cash return in a major market of 10% or less, we are able to obtain cash-on-cash returns of 20% or better (i.e. twice as much as an average cash-on-cash return).

OPPORTUNISTIC INVESTMENTS

Interested in Opportunistic Investments? 

CONTACT US IF YOU READY TO INVEST FOR GREATER RETURNS

240-441-5086

mcorea [at] esenai [dot] com 

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