News
Two Amigos
June 19, 2014
Palisades Capital Realty Advisors managing principal Joaquin de Monet's frequent trips to Mexico aren't just about cheering for the local soccer heroes in the World Cup. Palisades Mexico Partners, his JV with Monterrey-based FINSA president Sergio Arguelles, has launched a fund to buy value-add, Class-A and B office properties in suburban Western US markets. Palisades Private Capital Fund I is raising $50M and slated to acquire three institutional-quality assets in SoCal, Texas, and Arizona. The partnership is targeting $100M in the coming months, connecting with high-net-worth individuals and family offices in Mexico and Latin America. Joaquin and his Palisades Capital team will source investments and manage the fund.
