News & Research

Any inquiries from the press should be directed to:


Evan Pickering
Vice President
(310) 996-8755
epickering@paladinrp.com

2018 Investment Outlook – Brazil

Over the past few years, Brazil has weathered significant social, political and economic shocks, driven by both internal and external factors. The slowing of China’s economy and the end of the global commodities “super-cycle” boom in 2012 hit Brazil’s terms of trade hard, causing its currency to depreciate by nearly 70% from 2012 through 2015.  Lower commodity prices also strained the government’s finances, curtailing spending and precipitating the end of former President Dilma’s populist rule in 2016. Business and consumer confidence collapsed as the country entered its deepest recession on record, contracting by more than 7% in real terms during the 2015-16 period.  Fixed investment slowed.  Unemployment increased to over 10%.  Inflation hit double-digits in 2015 as imported goods were suddenly more expensive in local currency. Local interest rates increased to 14.25%.  International newspapers predicted that the 2016 Olympic Games in Rio would be a bust and that a mosquito-borne virus would wreak havoc on the country.  The country’s highly unpopular President Dilma was impeached and removed from office in 2016.

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Paladin Realty Expands its Latin America Management Team with Two New Hires in Los Angeles and Mexico City

Paladin Realty Partners, LLC, a leading real estate investment fund manager focused on Latin America, announced today that it has hired Evan Pickering as Vice President and Josefina Anaya as a Senior Construction and Engineering Manager.  Mr. Pickering will focus on institutional client relations and reporting, based in Paladin Realty’s Los Angeles office.  Ms. Anaya will focus on the firm’s investments in Mexico and be based in Paladin Realty’s Mexico City office.

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Latin America Research: Brazil Political Risk

president-temer

A few weeks ago, on May 18th, as part of a plea bargain deal in Brazil’s ongoing Lava Jato corruption probe, the head of international food giant JBS released audio tapes in which Brazilian President Temer allegedly condoned the payment of hush money to former speaker of the house, Eduardo Cunha. The tapes would appear to implicate Temer in the far reaching political corruption scandals that have led to the removal and jailing of many high-ranking politicians and businessmen in Brazil. The Bovespa stock exchange dropped 10% the day the audio tapes were released, triggering circuit breakers halting all trading. Brazil’s currency also dropped by about 10%. While this new revelation will likely delay certain of Temer’s reform efforts in the short term, the overarching theme is that this continual rooting out of corruption bodes well for Brazil’s long-term future…

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Paladin Realty’s Brazil Office Adds Two New Professionals

Paladin Realty Partners, LLC, a leading real estate investment fund manager focused on Latin America, announced today it has hired two additional investment professionals for its São Paulo office.  Bruno Coelho will join the firm as an Investment Manager and Valter Rabotzke as an Asset Manager.

“We’re very pleased to announce these new additions to our team, as they highlight the confidence we have in the Brazilian market going forward,” said Ricardo Raoul, Managing Director of Paladin Realty and head of its investment activities in Brazil. “As Brazil recovers from a deep recession, we’re seeing a lot of potential activity across both the residential and commercial real estate sectors.  Bruno and Valter will help Paladin take advantage of the opportunities presented by this market recovery on behalf of our institutional clients.”

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PREA Interviews Fred Gortner

In February 2017, PREA interviewed Fred Gortner (Co-Founder and COO of Paladin Realty Partners LLC) to discuss real estate markets across Latin America.  Click on link below to see the video interview.

 

  PREA VIDEO

Brazil: Poised for a Comeback?

Author: Denise DeChaine

The year 2016 was definitely one of transition for Brazil, a country once touted along with the other BRIC members as “the next big thing.” But emerging markets are not in favor currently, and Brazil has had a tough run for the past two years, according to Waiting for the other shoe to drop in Sao Paulo: Is 2017 the time to consider real estate investing

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Latin America Research: Brazil – Is Now the Time to Invest?

Over the past few years, Brazil has weathered significant social, political and economic shocks, driven by both internal and external factors. The slowing of China’s economy and the end of the global commodities “super-cycle” boom in 2012 hit Brazil’s terms of trade hard, causing its currency to depreciate by nearly 70% from 2012 through 2015. Lower commodity prices strained the government’s finances and exacerbated the budget deficit, leading to the loss of Brazil’s investment grade credit rating in 2015 and precipitating the end of Dilma’s populist rule. Business and consumer confidence collapsed as the country entered its deepest recession on record, contracting by more than 7% in real terms during the 2014-16 period. Fixed investment slowed. Unemployment increased to over 10%. Inflation hit double-digits, because imported goods were suddenly more expensive in local currency, and because the government rolled back price subsidies. Local interest rates increased even more to….

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Latin America Research: Putting Recent Headlines in Perspective

Over the past two decades, the thesis for Latin America real estate investment has undergone a dramatic transformation. When Paladin Realty first began investing throughout the region in the late 1990s, many markets were plagued by weak construction standards, poor infrastructure and corruption. Institutional-quality local operating partners were hard to come by, as was reliable market data. Further, while the region’s scale and attractive demographics offered the promise of superior economic gains, the structural reforms needed to….

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Two Paladin Funds Ranked Among Top 5 Perfoming Latin America Funds

preqinPaladin Realty’s Latin America investment funds business was ranked by Preqin among the “Top Five Performing Latin-America-Focused Closed-End Private Real Estate Funds” in its 2016 Preqin Alternative Assets Performance Monitor Report. Preqin (https://www.preqin.com) is a leading source of fund performance data for the alternative investments industry.

Paladin Realty has been investing throughout Latin America for nearly two decades, through numerous cycles and across $4 billion of assets.  The firm has regional offices located in Brazil, Mexico and the Andean region…

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Paladin Realty Honors the U.S. Election Year with a New Ad

We think Latin America has always been great.

Since 1998, Paladin Realty has been a leading institutional real estate investor in Brazil, Mexico and the Andean region, investing in $4 billion of real estate totaling over 20 million square feet and 32,000 residential units. Collectively, these countries represent a larger market than the U.S., with a population of over 400 million people. With strong demographic tailwinds, a huge regional housing deficit and some of the most attractive real estate economics in the world, Latin America remains poised to provide attractive diversification and risk-adjusted returns to any global investment portfolio…

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