Mexico City Metropolitan Area
Developer, not builder. The difference is who carries the risk— and at MiRA, we've always carried it. I started in this industry learning the basics: financial modeling, investment underwriting, how deals are structured. However, what actually taught me how value is built was running Nuevo Sur as Project Director—one of Monterrey's most ambitious mixed-use developments at the time. That led to Chief Investment Officer at MiRA, then CEO, and eventually to what I consider the most honest title in real estate: owner. The hardest test came during the pandemic, compounded by six years of policy uncertainty that made capital scarce and large-scale development structurally difficult. When our mixed-use model came under real stress, what emerged was a sharper MiRA: We built the Hub in Querétaro and committed to Armani Residences Masaryk in Polanco, a project that is already changing the neighborhood. We did so while keeping true to our anchoring value: Building spaces that belong to their neighbourhood, and staying long enough to know they do. The part of this work I find most interesting isn't the transaction, it's defining the thesis. Reading a city or site and committing to a view before the market agrees. Getting that right, consistently, across different economic conditions, is what builds a real estate company worth investing in. I write here about what it's actually like to lead a development firm in Mexico: raising capital, structuring land deals, finding ways to do business in a complex market, building the organization, and deciding where to go next. We keep building. Here is Next.
Black Creek Group is an innovative real estate private equity firm focused on creating and managing unique real estate operating companies.
BCBA is a real estate private equity and development firm that focuses on investments in residential, commercial and office space projects. Analyzed the feasibility of new projects, performed company valuation analysis, created financial models, supervised the debt application process, participated in the negotiation with lenders and developed quarterly board reports. Participated in the underwriting of equity funds with US institutional investors for more than US$80 M Recommended over US$70 million in credit lines to the firms executive committee, supporting developments that enabled the firm’s sales to grow from US$45 M in 2003 to US$120 M in 2006