Marcelo Carvalho Cordeiro

The real estate market in the city of Miami has experienced a period of instability small says Marcelo Carvalho Cordeiro.

Marcelo Carvalho Cordeiro Private lending fund
Marcelo Carvalho Cordeiro Private lending fund

Sales in 2016 have been well below sales in recent years. According to Marcelo Carvalho Cordeiro, socio real estate Bright Real Estate, there are several reasons that contributed to the current situation, especially the current economic climate in countries like Brazil, Venezuela and Russia, historic buyers of the local market.

Consensus

However, the consensus that the city of Miami is here to stay. There are several projects of global proportions currently being held in the city. The capital flow increases year after year. Marcos Moreira, employee of a large provider of miami port services and exemplified: miami port will double in size in 10 years. This represents billions of dollars being invested in the city, billions of dollars of trade every year.

International destination

In fact, Miami eh increasingly an international destination. Not only for tourists but for business travelers who increasingly seek to establish in the city. A recent example is the entrepreneur Bruno Almeida Ribeiro, who closed a network of 20 clothing stores in victory and came to Miami to seek new opportunities.

As well put Marcelo Carvalho Cordeiro, Miami is the good part of Brazil with much of the United States. It’s what’s best of both places.

Linkedin do Marcelo Carvalho Cordeiro

Hedge funds

Another good example of the new Miami is the latest big business flow, especially hedge funds, to the city. Many hedge funds recently moved their headquarters to the city of Miami, leaving behind cities like New York.

The future should not always be sky brigadiers, it appears that Miami is the city to bet. And how could it not be, the real estate market, as in the rest of the world, is still the best and safest bet.

Marcelo Carvalho Cordeiro

Mr. Marcelo Carvalho Cordeiro, former executive and partner at Banco Pactual, Lehman Brothers and Morgan Stanley, has launched a financial product aimed at Brazilians who seek a safe and dollarized income. Marcelo Cordeiro oak structured a fund that will begin to raise funds even in 2016 with the purpose of financing the acquisition of foreign real estate in the US market.

“Many foreigners, including Brazilians, failed to settle the estate in pre-construction acquired over the past years. Approximately 50 000 foreigners acquired properties in pre-construction in Florida over the past three years. The mortgage market has closed . There is no other option but the private lending. ”

Private lending

Private lending is a form of popular financing in the United States. Basically, homeowners who can not finance from commercial banks need to resort to small businesses of private lending in search of funding.

According to Marcelo Carvalho Cordeiro, there is a huge market for such a product. It is a unique product with minimal risk and returns above 10% per year. This is because the properties are like collateral for loans.  The risk of default is minimal when there is an asset as collateral value well above the loan.

The Australis Financial Advisory will be responsible in Brazil for obtaining the funds. In Miami, Marcelo has some partners, including renowned lawyers and builders.

Marcelo Carvalho Cordeiro
Marcelo Carvalho Cordeiro

Marcelo Carvalho Cordeiro, former executive and partner at Banco Pactual, Lehman Brothers and Morgan Stanley, has recently launched a private lending fund aimed at Brazilians who seek a safe and dollar-linked source of income. Marcelo Carvalho Cordeiro, through Australis Assessoria Financeira, will begin to raise funds over the next months with the purpose of financing foreigners in the acquisition of real estate in the US market.

“Approximately 50,000 foreigners acquired properties in pre-construction in Florida over the past three years. Most of these buyers will have to close on these purchases in 2017 and 2018. The buyers will have to pay the remaining 50% of the purchase price, assuming they paid the other 50% during the construction period. The commercial banks that offers regular mortgages have been closing to doors to foreigners. There is no other option, but the private lending funds.”

Private lending

Private lending is a very popular form of financing in the United States. Basically, homeowners who cannot get finance from commercial banks go to private lenders in search of funding.

According to Marcelo Carvalho Cordeiro, there is a huge market for such product. It is a unique product with very low risk and returns above 10% per year. The risks are low because the properties are given as collateral. “The risk of default is minimal when the asset given as collateral has a market value well above the loan”.

Australis Assessoria Financeira will be responsible in Brazil for raising the funds. In Miami, Marcelo Carvalho Cordeiro has some important partners, including renowned lawyers and developers.

Marcelo Carvalho Cordeiro

Marcelo Carvalho Cordeiro
Marcelo Carvalho Cordeiro

Bright Investments, founded by Marcelo Carvalho Cordeiro, a former executive of investment banks, has just launched a unique project in the US housing market. The project will be located in Boca Raton, 90 minutes north of Miami.

The idea behind the project is to find Brazilians who want a more quiet life in a top city, but at the same time want to stay close to the hot Miami.

According to Marcelo Carvalho Cordeiro, Boca is a unique city with a great quality of life, great schools, great shopping malls, and a real estate market with prices more affordable than Miami.

Boca

 

Marcelo Carvalho Cordeiro Boca Raton
Marcelo Carvalho Cordeiro Boca Raton

Boca is already a Brazilian destination for years. It is estimated that thousands of Brazilians have fixed residence in the city.

The project, called Tuscany, will feature 62 units of 3 and 4 bedrooms, plus a marina. The delivery of the project will take place at the end of 2018. The reserves will begin in 3 months. Australis Assessoria Financeira along with the construction Fame, both from São Paulo, will be partners in the project. Leonardo Pascoal, of Rio de Janeiro, is the architect responsible for the work.

This will be the second venture of the Marcelo Carvalho Cordeiro and Leonardo Pascoal in the state of Florida.