The Financialization Of Latin American Real Estate Markets

Author : Alfonso Valenzuela Aguilera
Publisher : Taylor & Francis
Page : 217 pages
File Size : 42,7 Mb
Release : 2022-07-13
Category : Business & Economics
ISBN : 9781000600575

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The Financialization of Latin American Real Estate Markets by Alfonso Valenzuela Aguilera Pdf

The Financialization of Latin American Real Estate Markets: New Frontiers introduces the fundamental principles of urban economics, housing, and large-scale real estate development in Latin America and equips aspiring investors and developers with the foundations for success in a unique, dynamic region. Using case studies from the Americas, this textbook provides a framework for assessing the economic, technological, social, and political forces that shape urban space, helping readers understand the aims and risks of real estate investment. Chapters on economic theory, novel financial instruments, and the regulatory environment connect real-world practice to the latest scholarly conversations in urban planning, real estate finance and development, and regional studies. Informed by the author’s extensive experience as an academic and practitioner throughout the region, this distinctive resource sheds light on the relationship between financial capital and urban form, and places Latin American cities at the center of the urban economy debate. Features: Provides a thorough introduction to the mechanics of real estate markets, grounding spatial and economic theories with practical examples of the tools used to finance urban development in Latin America Centers around case studies from Mexico, Brazil, Chile, Panama, Argentina, and Colombia—some of the region’s most dynamic markets Presents financial instruments such as mortgage-backed securities, collateralized debt obligations, credit default swaps, and real estate investment trusts in a global context Examines State policies and programs for housing and infrastructure in Latin America, demonstrating regional patterns and new perspectives Covers real estate finance from housing to megaprojects, exploring recent trends in infrastructure, commercial centers, and tourism with an eye toward sustainable financing practices for the future Suitable for graduate and upper-level undergraduate students of real estate, urban planning, and Latin American studies, The Financialization of Latin American Real Estate Markets: New Frontiers also serves as essential reading for professionals in international real estate finance and development.

Author : Anonim
Publisher : IDB
Page : 116 pages
File Size : 46,8 Mb
Release : 2004
Category : Housing
ISBN : 1931003629

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Reforming Latin American Housing Markets by Anonim Pdf

Author : Inter-American Development Bank
Publisher : Springer
Page : 318 pages
File Size : 54,5 Mb
Release : 2012-05-14
Category : Business & Economics
ISBN : 9781137031464

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Room for Development by Inter-American Development Bank Pdf

Latin American and Caribbean countries are the most urban in the developing world and have very high home ownership rates. However, many of the region's inhabitants are still poorly housed. This book examines three key contributing issues: high housing prices relative to family income, lack of access to mortgage credit, and high land prices.

Author : Claudia Murray,Eliane Monetti,Camilla Ween
Publisher : Routledge
Page : 214 pages
File Size : 49,8 Mb
Release : 2017-12-14
Category : Business & Economics
ISBN : 9781317289050

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Real Estate and Urban Development in South America by Claudia Murray,Eliane Monetti,Camilla Ween Pdf

Real Estate and Urban Development in South America uncovers how investors are navigating South American real estate markets in commercial, residential and infrastructure development. A preferred location for real estate development during the colonial era, in recent decades South America has been seen as high-risk for global real estate investors. This book explores the strengths and weaknesses of real estate markets in the region, concluding that with careful implementation of the correct development strategies, the region can once again take its place at the centre stage of global real estate investment. Comparing the economics and market maturity of South American countries in turn, the authors draw out the particular contexts in which investors and developers operate in mature and emerging markets. Bridging the gap between theory and practice, analysis of local development policies, legislation, valuation methods and taxation is supplemented with case studies from key players in the region’s major cities. The first full overview of real estate markets in South America, this book will be an essential guide for investors, policy makers, academics and students with an interest in this this rapidly evolving region.

Author : Inter-American Development Bank
Publisher : Palgrave Macmillan
Page : 318 pages
File Size : 47,8 Mb
Release : 2012-05-14
Category : Business & Economics
ISBN : 1137005645

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Room for Development by Inter-American Development Bank Pdf

Latin American and Caribbean countries are the most urban in the developing world and have very high home ownership rates. However, many of the region's inhabitants are still poorly housed. This book examines three key contributing issues: high housing prices relative to family income, lack of access to mortgage credit, and high land prices.

Author : Hela Cheikhrouhou
Publisher : World Bank Publications
Page : 184 pages
File Size : 41,5 Mb
Release : 2007
Category : Law
ISBN : 9780821371404

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Structured Finance in Latin America by Hela Cheikhrouhou Pdf

Structured Finance in Latin America explores how structured finance mechanisms can channel pension savings to support projects in underserved sectors, deepen capital markets, and contribute to investment and economic growth. Private pension funds have been accumulating assets rapidly in the wake of pension system reforms in many Latin American countries. Strict investment regulations to protect workers' savings have limited their investment in highly creditworthy domestic securities, yet pension fund demand for new securities has outstripped issuance of eligible traditional corporate debt instruments. This has contributed to a high concentration of pension fund assets in public debt. Innovative structured finance mechanisms can help bring to the market a new set of creditworthy securities backed by pools of loans to small borrowers, mortgage loans or the expected proceeds of large infrastructure projects. These mechanisms create new investment opportunities for pension funds, while establishing additional sources of funding for underserved market segments. Policy makers and regulatory authorities have a catalytic role to play in the development of structured finance securities by establishing a conducive legal, regulatory, and tax framework. Structured Finance in Latin America serves as a practical guide for development practitioners, policy makers, and others working in government, international or nongovernmental organizations, and financial institutions, who focus on finance and investment; infrastructure, transport, and urban development; housing finance; small and medium-sized enterprise development; and pension reform.

Author : Antonín Basch,Milic Kybal,Luis Sánchez-Masi,Inter-American Development Bank
Publisher : New York : Published for the Inter-American Development Bank [by] Praeger
Page : 192 pages
File Size : 41,6 Mb
Release : 1970
Category : Capital
ISBN : UCSD:31822003523958

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Capital Markets in Latin America by Antonín Basch,Milic Kybal,Luis Sánchez-Masi,Inter-American Development Bank Pdf

Comparison of the process of savings and investment in Latin American countries - examines the various types of financial aspects institutions (incl. Banks, stock exchanges, etc.) operating in the capital market, private sector financing and public finance, indicates some conditons that favour a more effective functioning of the capital markets in latin america, and includes 6 country reports (Argentina, Brazil, Colombia, Mexico, Peru and Venezuela). Bibliography pp. 159 to 163 and statistical tables.

Author : Claudia Murray,Camilla Ween,Yadira Torres-Romero,Yazmin Ramirez
Publisher : Routledge
Page : 256 pages
File Size : 55,5 Mb
Release : 2020-11-24
Category : Architecture
ISBN : 9781000210637

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Real Estate in Central America, Mexico and the Caribbean by Claudia Murray,Camilla Ween,Yadira Torres-Romero,Yazmin Ramirez Pdf

This book examines real estate markets and urban development in Central America, Mexico and The Caribbean (CAMEC). It considers both residential and commercial real estate with a focus on industrial and hospitality sectors, infrastructure and logistics. The CAMEC region is besieged by complexity. Prone to natural disasters, and with the Mexico/US border constituting the largest human migration corridor on Earth, the region is also a vital trading hub for goods, linking commerce between the world’s two largest oceans and the Americas. The real estate markets in this area are dynamic, rapidly developing and under researched. This book analyses the particularities of these markets and the context in which investors and developers operate. The authors present case studies and contributions from key players in major cities in the region. The book exposes the regional risks and opportunities connected to urban development including market transparency, urban equity and development regulation. The research presented in this volume gives the reader a comprehensive picture of each country under study, detailing their individual commercial, residential, industrial, leisure and infrastructure sectors. This is essential reading for international investors, real estate students, researchers, and professionals with an interest in the region.

Author : Augusto de la Torre,Sergio Schmukler
Publisher : World Bank Publications
Page : 228 pages
File Size : 48,7 Mb
Release : 2006-10-20
Category : Business & Economics
ISBN : 0821365444

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Emerging Capital Markets and Globalization by Augusto de la Torre,Sergio Schmukler Pdf

Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.

Author : Barbara Stallings,Rogerio Studart
Publisher : Rowman & Littlefield
Page : 326 pages
File Size : 47,5 Mb
Release : 2006-03-08
Category : Business & Economics
ISBN : 9780815797913

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Finance for Development by Barbara Stallings,Rogerio Studart Pdf

"Access to finance is a critical element in any effort to promote development in emerging market economies. In this analysis of the Latin American financial sector, Barbara Stallings and Rogerio Studart examine recent transformations in the region, compare them to related developments elsewhere, and consider where they might lead. They challenge the new literature on finance and development, which argues for the elimination of public-sector banks, substitution of private monitoring for government regulation and supervision, and more complete integration with international capital markets. Rather, the authors advocate a more balanced approach that emphasizes individual country situation and strengthens the institutional context in which financial systems operate." "Case studies illustrate changes occurring in Chile, Mexico, and Brazil - the most sophisticated financial systems in Latin America. The authors place particular emphasis on the need to overcome two types of market failure: the lack of long-term finance for investment and access to credit for small firms. They conclude with policy recommendations for strengthening Latin American banks and capital markets so that they can play a greater role in supporting economic development."--Jacket.

Author : Dr. K. SELVAKUMAR,Dr. D. AARTHI SARAVANAN,Mr. R. HARIHARAN
Publisher : Institute of Legal Education
Page : 169 pages
File Size : 41,5 Mb
Release : 2023-07-01
Category : Law
ISBN : 9788196038434

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EDITED BOOK ON HUMAN RIGHTS & STATE OBLIGATIONS by Dr. K. SELVAKUMAR,Dr. D. AARTHI SARAVANAN,Mr. R. HARIHARAN Pdf

ILE Publication House is a publication department of Institute of Legal Education. It furthers the ILE’s objective of excellence in research and publication. Institute of Legal Education is the Largest Academic Publisher with 104 National and International Journals.

Author : Rana S. Gautam,Diogo L. Pinheiro,Dwight Wilson
Publisher : Lexington Books
Page : 183 pages
File Size : 47,5 Mb
Release : 2023-12-06
Category : Business & Economics
ISBN : 9781793647962

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Financialization, Austerity, and Inclusion in Latin America and the Caribbean by Rana S. Gautam,Diogo L. Pinheiro,Dwight Wilson Pdf

Gautam, Pinheiro, and Wilson analyze the spread of financialization in Latin America and the Caribbean, highlighting the ideational origins of financialization outside the region, its effects on government budgeting and social inclusion, and options for increased inclusivity.

Author : David Hartzell,Andrew E. Baum
Publisher : John Wiley & Sons
Page : 596 pages
File Size : 45,7 Mb
Release : 2021-01-05
Category : Business & Economics
ISBN : 9781119526094

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Real Estate Investment and Finance by David Hartzell,Andrew E. Baum Pdf

The fully revised and updated version of the leading textbook on real estate investment, emphasising real estate cycles and the availability and flow of global capital Real Estate Investment remains the most influential textbook on the subject, used in top-tier colleges and universities worldwide. Its unique, practical perspective on international real estate investment focusses on real-world techniques which measure, benchmark, forecast and manage property investments as an asset class. The text examines global property markets and real estate cycles, outlines market fundamentals and explains asset pricing and portfolio theory in the context of real estate. In the years since the text’s first publication, conditions in global real estate markets have changed considerably following the financial crisis of 2008-2009. Real estate asset prices have increased past pre-crisis levels, signalling a general market recovery. Previously scarce debt and equity capital is now abundant, while many institutions once averse to acquiring property are re-entering the markets. The latest edition – extensively revised and updated to address current market trends and practices as well as reflect feedback from instructors and students – features new content on real estate development, improved practical examples, expanded case studies and more. This seminal textbook: Emphasises practical solutions to real investing problems rather than complex theory Offers substantial new and revised content throughout the text Covers topics such as valuation, leasing, mortgages, real estate funds, underwriting and private and public equity real estate Features up-to-date sections on performance measurement, real estate debt markets and building and managing real estate portfolios Includes access to a re-designed companion website containing numerous problems and solutions, presentation slides and additional instructor and student resources Written by internationally-recognised experts in capital management and institutional property investing strategies, Real Estate Investment, Second Edition: Strategies, Structures, Decisions is an indispensable textbook for instructors and students of real estate fund management, investment management and investment banking, as well as a valuable reference text for analysts, researchers, investment managers, investment bankers and asset managers.

Author : Tom Angotti
Publisher : Rowman & Littlefield
Page : 307 pages
File Size : 44,9 Mb
Release : 2017-08-17
Category : Political Science
ISBN : 9781442274495

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Urban Latin America by Tom Angotti Pdf

Latin America is one of the most urbanized regions of the world. To understand Latin America today it is important to trace the origins and characteristics of the urban-rural divide, inequalities within urban areas, and the prospects for change. This is particularly important and timely given the challenges of widening environmental and social disparities, climate change, and climate justice. The authors critically analyze urban issues within the context of the national and regional political economy, neoliberal governance, and urban social movements. Latin America’s cities are sharply divided into wealthy enclaves and large peripheral areas, reflecting deep social and economic inequalities, leading to notable movements and reforms. This text explores Latin American cities, their history, similarities and differences, and current problems.

Author : Eduardo Lora,Andrew Powell,Bernard M.S. van Praag,Pablo Sanguinetti
Publisher : World Bank Publications
Page : 292 pages
File Size : 41,8 Mb
Release : 2010-05-04
Category : Social Science
ISBN : 0821382136

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The Quality of Life in Latin American Cities by Eduardo Lora,Andrew Powell,Bernard M.S. van Praag,Pablo Sanguinetti Pdf

A growing number of cities around the world have established systems for monitoring the quality of urban life. Many of those systems combine objective information with subjective opinions and cover a wide variety of topics. This book assesses a method that takes advantage of both types of information and offers criteria to identify and rank the issues of potential importance for urban dwellers. This method which combines the so-called 'hedonic price' and 'life satisfaction' approaches to value public goods was tested in pilot studies in six Latin American cities: Bogot , Buenos Aires, Lima, Medell n, Montevideo, and San Jos of Costa Rica. It provides valuable insights to address key questions such as, Which urban problems have the greatest impact on people s opinions of city management and the most widespread effects on their lives? Do gaps between perception and reality vary from one area of the city to another, especially between high- and low-income neighborhoods? Where can homebuilders most feasibly seek solutions to problems such as inadequate road infrastructure, a lack of recreational areas, or poor safety conditions? Which problems should government authorities address first, in light of their impact on the well-being of various groups of individuals and given private actors abilities to respond? Which homeowners benefit the most from public infrastructure or services? When can or should property taxes be used to finance the provision of certain services or the solution of certain problems? 'The Quality of Life in Latin American Cities: Markets and Perception' proposes a monitoring system that is easy to operate and that entails reasonable costs but also has a solid conceptual basis. Long the ideal of many scholars and practitioners, such a system may soon become a reality and have the potential to make a significant contribution to the decision-making processes in any city concerned with the well-being of its residents.