Granite Tower Capital Expands into Mexico Affordable Housing Development

FOR IMMEDIATE RELEASE
La Jolla, California, United States of America (Free-Press-Release.com) November 16, 2011 -- Granite Tower Capital (GTC) has expanded into Mexican affordable housing development due to current dislocations present within the market. The financial crisis of 2008 has shrunk the financing market yet the demand for affordable housing in Mexico continues to be very strong. Even now in 2011, almost 2012, there does not appear to be significant healing taking place and therein lies the opportunity, according to GTC.

GTC believes that due to the demand and supply dynamics that are currently in place, the uncertainty of local politics with Presidential elections soon taking place, and the upheaval in Europe- the moment is now to enter the market place and begin working with local developers.

Given GTC’s financing capability, with its international lending relationships, significant benefits can be provided to local developers with stalled projects in the pipeline, Mexican workers with housing needs, and government agencies with mandates to increase housing availability in the country.

About Granite Tower Capital

Granite Tower Capital (GTC), with offices in Toronto and San Diego, is a globally oriented boutique investment bank currently serving corporate clients in the North American mid-market requiring equity or debt financing and/or merger and acquisitions advisory services.

GTC also provides real estate debt advisory services targeting developers and other sponsors of real estate projects on capital structuring for both equity and debt. GTC maintains strong international relationships with lenders, real estate private equity groups, and concentrates its efforts on transactions in the $20M to $100M range. The areas of focus include Canadian Condo Development, US Multifamily, US Residential, Hotels, and Latin America Affordable Housing Development.

GTC’s newly expanded Real Estate Private Equity activities are active in structuring real estate private equity transactions for the most interesting and most promising opportunities. The focus, when doing firm deals, falls into the following areas; US Multifamily, US Residential, Hotels, and Latin America Affordable Housing Development.

For more information please contact Doyon Won, Senior Associate at doyon@granitetowercapital.com

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