US Developer Eyes CCD

US Developer Eyes CCD

Mexico Funds Equity US

Hines, a Houston-based real estate company, is planning to raise funds in Mexico's certificado de capital de desarrollo (CCD) market, according to regulatory filings. The transaction, whose target size  has not been specified, would create a fund to invest in the development of commercial and residential properties throughout Mexico. The CCD should be 10 years in length, extendable by up to 2 years. The return structure would be similar to other CCDs -- principal plus a preferred retur

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