Paladin Realty Partners is bullish on Latin America and believes that rising economies and strong demand for affordable residential housing are fueling growth in the region. In many counties like Brazil where you have good employment, its that employment that really drives the need for real estate, said Jim Worms, president. In these countries, theres a need for virtually every real estate product, so growth is plenty healthy enough to make our business successful.
No matter where it is investing, Paladin follows a basic philosophy. To be successful in real estate, Ive always believed you need a combination of common sense and intuition, Worms said. Its hard to teach common sense, but intuition comes from experience and weve been in the business a long time.