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Homex
Homex is a Mexican construction and real estate company engaged in the development, construction and sale of affordable entry-level, middle-income and tourism housing in Mexico and Brazil. Founded in Culiacán in 1989, the company is headquartered in Culiacán and it is listed in the Mexican Stock Exchange. The company is also one of the homebuilders with the greatest geographical diversity in the country and has a leading position in the four most important markets in the country: the Metropolitan Area of Mexico City, Guadalajara, Monterrey and Tijuana. History Homex was formed in 1989 at Culiacán, Sinaloa. Its initial focus was commercial construction. In the early 1990s, the company expanded into other states, and began work in affordable housing construction. In 1999, ZN Mexico Funds acquired a minority stake. In 2002, the company received a major investment of $32 million from Sam Zell, through his Equity International Equity International is a private equit ...
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Equity International
Equity International is a private equity firm founded by Sam Zell to invest in real estate in markets outside of the United States. Since its founding in 1999, it has invested in 28 companies. Investments In 2002, Equity International invested $32 million in Mexican home builder Homex. The firm divested from Homex in 2008. In 2005, the firm made a $50 million investment in Brazilian property company Gafisa. In 2010, the firm sold a significant portion of its shares in Gafisa. In 2006, the firm made its first investment in China, a $10 million investment in Xinyuan Real Estate, a Chinese homebuilder based in Zhengzhou. Xinyuan Real Estate became a public company via an initial public offering in 2007. In 2008, the firm invested in Chinese logistics and warehousing company Shanghai Yupei Group. The investment was sold in 2011. In 2011, the firm closed its 5th investment fund, with capital commitments of $650 million. In 2016, the firm invested $125 million in Estapar Participa ...
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Culiacán
Culiacán, officially Culiacán Rosales, is a city in northwestern Mexico, the capital and largest city of both the Culiacán Municipality and the state of Sinaloa. The city was founded on 29 September 1531, by the Spanish Conquistadores, conquerors Lázaro de Cebreros and Nuño de Guzmán, Nuño Beltrán de Guzmán under the name of "Villa de San Miguel", referring to its patron saint, Michael the Archangel. As of the 2020 National Institute of Statistics and Geography, INEGI census, Culiacán had an estimated population of 808,416, placing it as the List of cities in Mexico, 21st most populous city in Mexico, while its metropolitan area had a population of 1,003,530, being the Metropolitan areas of Mexico, 17th most populous metropolitan area in Mexico. The city is in a valley on the slopes of the Sierra Madre Occidental, at the confluence of the Tamazula River, Tamazula and Humaya River, Humaya Rivers, where both join to form the Culiacán River 55 m above sea level. Ety ...
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Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico
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making it the world's 13th-largest country by are ...
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Construction
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The constructio ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Home Builder
A home, or domicile, is a space used as a permanent or semi-permanent residence for one or many humans, and sometimes various companion animals. It is a fully or semi sheltered space and can have both interior and exterior aspects to it. Homes provide sheltered spaces, for instance rooms, where domestic activity can be performed such as sleeping, preparing food, eating and hygiene as well as providing spaces for work and leisure such as remote working, studying and playing. Physical forms of homes can be static such as a house or an apartment, mobile such as a houseboat, trailer or yurt or digital such as virtual space. The aspect of ‘home’ can be considered across scales; from the micro scale showcasing the most intimate spaces of the individual dwelling and direct surrounding area to the macro scale of the geographic area such as town, village, city, country or planet. The concept of ‘home’ has been researched and theorized across disciplines – topics rangi ...
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Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-majority country. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazi ...
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Mexican Stock Exchange
The Mexican Stock Exchange ( es, Bolsa Mexicana de Valores), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange in Latin America, only after São Paulo based B3 in Brasil. It is also the fifth largest stock exchange in the Americas. The exchange platform is owned by BMV Group, which also owns the derivative exchange ''MexDer'' and the custody agency ''Indeval''. The BMV was created out of the merger of the three stock exchanges which formerly operated in Mexico: The ''Bolsa de Valores de México'', which operated in Mexico City, the Bolsa de Occidente (''Occidental Stock Exchange'') in Guadalajara, and the Bolsa de Monterrey (''Monterrey Stock Exchange''). The exchange kept modernising until its introduction of a fully electronic system for trading which was consolidated in 1999. In 2014, the Mexican Stock Exchange completed its first trade as a ...
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Metropolitan Area Of Mexico City
Metropolitan may refer to: * Metropolitan area, a region consisting of a densely populated urban core and its less-populated surrounding territories * Metropolitan borough, a form of local government district in England * Metropolitan county, a type of county-level administrative division of England Businesses * Metro-Cammell, previously the Metropolitan Cammell Carriage and Wagon Company * Metropolitan-Vickers, a British heavy electrical engineering company * Metropolitan Stores, a Canadian former department store chain * Metropolitan Books, an imprint of Henry Holt and Company Colleges and universities * Leeds Metropolitan University, United Kingdom * London Metropolitan University, United Kingdom * Manchester Metropolitan University, United Kingdom * Metropolitan Community College (Omaha), United States * Metropolitan State University of Denver, United States ** Metro State Roadrunners * Metropolitan State University, in Saint Paul, Minnesota * Oslo Metropolitan Univer ...
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Guadalajara
Guadalajara ( , ) is a metropolis in western Mexico and the capital of the list of states of Mexico, state of Jalisco. According to the 2020 census, the city has a population of 1,385,629 people, making it the 7th largest city by population in Mexico, while the Guadalajara metropolitan area has a population of 5,268,642 people, making it the Metropolitan areas of Mexico#List of metropolitan areas in Mexico by population, third-largest metropolitan area in the country and the List of metropolitan areas in the Americas, twentieth largest metropolitan area in the Americas Guadalajara has the second-highest population density in Mexico, with over 10,361 people per square kilometer. Within Mexico, Guadalajara is a center of business, arts and culture, technology and tourism; as well as the economic center of the Bajío region. It usually ranks among the 100 most productive and globally competitive cities in the world. It is home to numerous landmarks, including Guadalajara Cathedral, th ...
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Monterrey
Monterrey ( , ) is the capital and largest city of the northeastern state of Nuevo León, Mexico, and the third largest city in Mexico behind Guadalajara and Mexico City. Located at the foothills of the Sierra Madre Oriental, the city is anchor to the Monterrey metropolitan area, the second-largest in Mexico with an estimated population of 5,341,171 people as of 2020 and the second most productive metropolitan area in Mexico with a GDP ( PPP) of US$140 billion in 2015. According to the 2020 census, the city itself has a population of 1,142,194. Monterrey is one of the most livable cities in Mexico, and a 2018 study found that suburb San Pedro Garza García is the city with the best quality of life in Mexico. It serves as a commercial center of northern Mexico and is the base of many significant international corporations. Its purchasing power parity-adjusted GDP per capita is considerably higher than the rest of Mexico's at around US$35,500, compared to the country's US$18,800. ...
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Tijuana
Tijuana ( ,"Tijuana"
(US) and
), known also by the initials T.J., is a city and municipal seat of , , located on the . It is part of the San Diego-Tijuana metro area and the larger
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