GTIS Partners is playing the long game in Brazil. The New York-based investment management company was the first major international investor in the countrys real estate market and today remains the largest foreign real estate investor in Brazil. Tom Shapiro, president of GTIS and a Tishman Speyer alumnus, spoke to REFIs Eleanor Duncan about why he is not concerned that the recent political protests in Brazil will derail the countrys momentum or about market worries of a housing bubble in the U.S.
Tom ShapiroWhat kind of opportunities do you see in Brazil?We see Brazil as an opportunity to provide product that hasnt existed in the pastoffice buildings, warehouses, hotelsto a different standard. Brazils middle class has grown to 36 million, theres low unemployment and a very prosperous economy.
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Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
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