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Representing Grupo Carza in creation of new CKD fund.
We are very proud to have represented Mexican construction company Grupo Carza creating a CKD fund focused on residential real estate for an aggregate amount of MXN$2,470 million, subject to a capital call structure.
Its the first residential real estate fund in Mexico making payments to investors based on sales proceeds rather than profits.
The fund contemplates a 50% co-investment from the sponsor group and targets current and new residential projects in the cities of Mexico City and Monterrey and Querétaro.