Institutional real estate fund manager Paladin Realty Partners plans to launch nearly a dozen residential and mixed-use development projects across Latin America in 2018.
(IREI) Paladin Realty Partners has plans to launch nearly a dozen residential and mixed-use development projects across Latin America in 2018, accounting for more than $420 million of projected sales revenue.
These projects are planned to deliver over 5,000 residential and commercial units in Brazil, Mexico, Colombia, Peru and Costa Rica. Most of these new launches will comprise low- and middle-income housing, with select projects featuring student housing, office space and lodging.
The projects are being developed through programmatic joint ventures with local partners in a number of Paladin-sponsored regional investment funds.
Paladin Realty has been actively investing in Latin America since 1998.