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Interesting but possibly dangerous website regarding failed San Felipe real...
Today I learned about a website (http://sanfelipedevelopments.com/) that allegedly was formed to “collect” information from victims of real estate fraud in San Felipe developments so that the...
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Is Homex really buying the Loreto Bay Company?
One of the rumors that I have kept hearing is regarding Desarrolladora Homex’s negotiations with Citigroup for the sale of TSD Loreto Partners S. en C. por A. de C.V. (commonly known as the Loreto Bay...
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Of capital investments made in a “bank”…
I have received many calls from people that invested in what they call a bank called Capital Institute or Capitalbank of Mexico which is no longer paying them an agreed upon interest or returning their...
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Substitute beneficiaries in Mexican real estate trusts
One recurring issue that comes up when non-Mexican nationals acquire real estate in Mexico through a real estate trust, often called “bank trusts” or in Spanish fideicomisos (the full name is actually...
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It is official: Homex buys Loreto Bay
It has been reported in the local press in Loreto that a meeting was held yesterday March 9, 2010 in Loreto, Baja California Sur at the Loreto Bay Inn by the Governor of Baja California Sur, Narciso...
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