Educational Conference on Resort Investment in Mexico
Contact Development Corporation, Baker & McKenzie and other resort experts to
offer insight on investing and developing in booming Mexico resort sector
this December 5-7 in San Diego
|SAN DIEGO, CA, October 12, 2005 - Real estate investors and developers
interested in learning about opportunities for resort development in Mexico
will want to mark their calendars to attend, “Resort Development in Mexico:
Opportunities for Foreign Investment and Development”, a three-day conference
being held in San Diego this December 5-7 at the Coronado Island Marriott
The conference is being presented by Baker & McKenzie, the nation's largest law firm, and Contact Development Corporation, a specialist in resort development in Mexico. The two organizers have attracted a “who's who” of resort specialists to speak at the conference, all of whom are currently involved in developing resort projects in Mexico, including hotels, fractional/timeshare properties, golf clubs, residential resorts and mixed-use projects.
According to Jose M. Larroque, Partner, Baker & McKenzie, “Foreign investment and resort development in Mexico's touristic/resort real estate industry is booming. In the last 15 years, annual tourism in Mexico has grown from 4 million visitors to more than 20 million visitors. Moreover, for the relatively short time period from 1999-2004, foreign investment into Mexico's tourism industry has totaled approximately US$3.1 billion dollars and continues to trend upward.”
The organizers expect that, by attending this seminar, attendees will walk away with the most reliable information and resources available to conceive, invest in and execute resort development projects in Mexico. Attendees will also make numerous invaluable contacts to assist them throughout the process.
“The time for a conference that specifically addresses resort development in Mexico “targeting” the American development and financial communities is overdue,” says David G. Ellsworth, Chairman and CEO of Contact Development Corporation. “There are significant opportunities in Mexico for American developers, financial institutions and investors and for service providers to the industry.”
Ellsworth adds that, “Attending this conference will provide a sound foundation for assessing where those opportunities are and how to bring resort concepts to market efficiently. Our speaker roster is loaded top to bottom with experts who are coming specifically to share their experiences and help attendees realize their Mexican investment and development ambitions.”
Sessions to be presented include:
The organizers suggest that this conference will be of greatest benefit to those in the American development and financial communities as well as real estate service providers to those industries who are already participating in Mexico's resort development industry or who are seriously considering taking advantage of these expanding opportunities, including: Resort developers, Hotel developers and operators, Timeshare developers and operators, Master-planned community developers, Real estate investors, Residential builders, Commercial builders, Foreign capital investors, Debt lenders, Architects, Landplanners & landscape architects, Golf course designers and construction firms, Real estate consultants and Real estate attorneys.
The conference will be held December 5-7, 2005 at the Coronado Island Marriott Resort in Coronado, CA, just west of San Diego. Complete information, including event registration, is available at www.mexicoresortdevelopment.com.
Conference sponsors include many leading firms in resort, real estate and golf course development that are successful operating in Mexico at this time, including: Fonatur, Alvarez & Marsal Real Estate Advisors Services, Diamond Golf International, Eiffel Construction, KMD Architects, Nicklaus Design, Stewart Title Guaranty de Mexico, The Beck Group, AIG Global Investment Group, Economics Research Associates, EDSA, e-group, inc., InterCommunications, Inc., Norton Consulting and GlobalHotelNetwork.com. The event is produced by Great American Exhibition.
About Contact Development Corporation:
Contact Development Corporation (CDC) is a resort real estate firm whose principal services include: investment banking, real estate development and “cross-border” resort/residential marketing and sales, all to the domestic and international resort real estate industry. CDC’s principal functions are facilitating the equity capital and debt financing for the development or acquisition of resort, residential, hospitality and mixed-use real estate projects, including whole ownership and fractional ownership projects, both domestically in the U.S. and abroad with a special emphasis on Mexico, Central America and the Caribbean as well as executing on the development on such projects. CDC has been involved in projects in Mexico since it was founded in 1986 and has maintained an office in Mexico City for the past 9 years as well as its headquarters in San Francisco, California. As it relates to Mexico, due to its long tenure and extensive involvement in the country, CDC is partnering with American resort developers and financial institutions to lead the way into new development and financing opportunities for such developers and institutions and, in certain cases, remain an active participant in the successful execution of such projects.
About Baker & McKenzie:
Baker & McKenzie is the world’s largest international law firm. Founded in 1949, it has more than 3,200 lawyers offering services in 38 countries, with 69 locations in the major cities and financial centers of the world. Its attorneys have extensive knowledge and professional experience to handle national and international legal affairs, being capable of providing highly sophisticated legal advice on any subject related to the law of their respective country.
Baker & McKenzie has had a presence in Mexico since in 1961.
The firm has gained unrivaled expertise in a wide range of legal specialties
to serve its clients. Currently, the firm has six offices throughout Mexico,
including Mexico City, Ciudad Juarez, Tijuana, Monterrey, Guadalajara and
Chihuahua. The Mexican offices of Baker & McKenzie are regularly involved
in major real estate projects, including hotel, residential and resort
development, fractional ownership and timeshare, construction. The firm
also advises on related fields of law, including, corporate structuring,
tax, financing, securities, environmental and labor, among others.