Real Estate Investment Outlook for Andean Region, Mexico Strong

Real Estate Investment Outlook for Andean Region, Mexico Strong

According to a new report by Paladin Realty Partners, a Latin American institutional investment manager dedicated primarily to funding affordable-middle class home building projects; after showing resilience during the 2008-09 global financial crisis and experiencing a robust recovery in 2010-11, economic growth has significantly moderated in Latin America’s leading economies of Brazil, Mexico, Colombia, Peru…

Latin America Hotel Development Pipeline Dips

Latin America Hotel Development Pipeline Dips

According to STR’s June 2016 Pipeline Report for Central and South America, over 66,352 hotel rooms in 417 projects Under Contract in the Central/South America region. The total represents a 3.3% decrease in rooms Under Contract compared with June 2015 and a 5.1% year-over-year decrease in rooms In Construction. Under Contract data includes projects in…

Independent Mortgage Banks Enjoyed Fast Rising Profits

Independent Mortgage Banks Enjoyed Fast Rising Profits

Based on the Mortgage Bankers Association’s latest Annual Mortgage Bankers Performance Report, independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018. “2019 was a much improved mortgage market compared to the very…

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