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CCLA Green Rental Housing

Sector: Commercial • Location: Mexico

Source: International Finance Corporation (IFC)

Project
Hold

The Project involves an IFC senior loan of MXN 2,940 million (~US$ 175 million) from IFC’s own account to a group of trusts associated with six individual residential properties managed by LATAMCC Fund Manager Mexico, S. de R.L. de C.V (“CCLA” or the “Company”), a real estate asset manager. The proposed project aims to support the development, construction, and rental operation of six high rise mu

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Project Information

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The project “CCLA Green Rental Housing” is an infrastructure initiative in the Commercial sector, located in Mexico. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

hold

Taiyo status

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Email

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Description

Description

The Project involves an IFC senior loan of MXN 2,940 million (~US$ 175 million) from IFC’s own account to a group of trusts associated with six individual residential properties managed by LATAMCC Fund Manager Mexico, S. de R.L. de C.V (“CCLA” or the “Company”), a real estate asset manager. The proposed project aims to support the development, construction, and rental operation of six high rise multifamily residential, four in the Mexico City area and two in Monterrey, to be EDGE/EDGE Advance certified. Once construction is completed on each project, CCLA will manage the rental operations through its wholly owned Nomad Living entity.                   

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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