Through this partnership, FYNSA is expanding investment options in real estate assets. The scope and characteristics of the partnership were outlined in an article published by Diario Financiero, for which the newspaper interviewed Juan Eduardo Biehl, a partner at FYNSA; Gonzalo Colucci, a partner and head of strategy at Uppergrowth; and Pablo Massera, real estate manager at FYNSA.

“When a Latin American thinks about investing in real estate in the U.S., the first thing that comes to mind is Miami and Florida,” Biehl told DF. “But there are many other opportunities. There are states with tremendously strong economic momentum. Texas is the eighth-largest economy in the world if you consider it as a country, with 30 million people,” he noted.

The“Fynsa Upper Renta Residencial US I”investment fund focuses on residential rental assets value-add in the U.S. and is open to the general public with a minimum investment of US$10,000. It currently has a portfolio of over 1,100 units, representing an investment of nearly US$100 million in Houston, the most populous city in Texas.

You can read the full article at the following link.

In line with its efforts to highlight opportunities in the international real estate market, FYNSA held a webinar in mid-June featuring Sohail Hassan, co-founder and managing partner of MarketSpace Capital—a U.S. private equity firm focused on the real estate sector— who spoke about the multifamily market in the United States. You can watch the full video HERE.