News
Los Angeles Commercial Real Estate

Two Amigos

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.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Developers Riding The Surf Park Wave With Resorts, Retail And Residences

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines