Related and Published Articles

Brazil and the Creation of a Natural Currency Hedge

“Brazil is a complex country, not a country for beginners.” – Tom Jobim Long-term global investors that choose to invest in Brazil understand Tom Jobin’s quote quite well. These investors have gained expertise, built teams on the ground, and have made money. They may...

A Message from Captain Obvious — “A very slow-witted individual who states the most obvious thing”

Sometimes, something is so obvious that it fails to be noticed. In this newsletter, we explore why investing in Brazil Farm Finance makes sense due to the importance of agriculture in Brazil, dollar-based transactions (no currency risk), and partnering with the right team to execute.

Endurance and Resilience – Not Just For Athletes

An investment makes a ton of sense at the time, but circumstances change drastically. Sound familiar? In this newsletter, we explore a real-world example of this in Brazil, where a perfect storm of bad events doomed a solid investment. Our protagonist’s pure perseverance turned things around in this inspiring story of success against all odds.

Brazil, Chile, and The Search for a Latin American Oasis

With Chile sieged by protests, does a Latin American Oasis still exist? Could it have moved next door to Brazil? While perhaps not an obvious oasis at first glance, Brazil is early enough in its economic recovery that it just may be an oasis for global opportunistic investors.

The Constitution, Checklists, and Leadership of the Free World

What type of leader is necessary to lead free world economies in this day and age? Could a checklist of qualifications for leaders help ensure the success of the democratic capitalistic model?

No S#*! Sherlock – Solar Energy in Brazil

You don’t need to be a detective to know that Brazil is a sunny place! In this newsletter, we examine the factors that make solar energy in Brazil an opportunistic investment strategy for global investors at this time in Brazil’s economic cycle.

Brazil’s Economy – Stuck or The Next Chapter?

Six months into Bolsonaro’s presidency, are things looking up in Brazil? This newsletter examines the current economic and political moment in Brazil and points out where opportunities lie for opportunistic global investors.

Corruption Crackdowns and Opportunistic Investments in Brazil

Large-scale corruption crackdowns in Brazil and growing disgust with traditional corrupt politicians drive a new direction in the country’s political order. As corruption works its way out of the system, unique opportunistic real estate investment opportunities arise for smart global investors.

How Perfection Kills Deals: Successfully Source Large-Scale Global Investors

“Perfection” can be the enemy of “good” as asset managers in Brazil source large-scale global investors for the next real estate cycle. Getting it out the door is more important than getting it perfect. We provide a roadmap for real estate asset managers to save time and make more money with a large-scale strategic investment partner.

Opportunistic Real Estate in Brazil: Senior Housing

The current Opportunistic Real Estate Investment opportunity in Senior Housing in Brazil resulting from Brazil’s shifting demographics, its rapidly aging population, and changes in work/life patterns.

The Brazilian Buyer Seller Dance – An American Perspective

As an asset manager in an emerging market, you carry out multiple negotiations to achieve the results you desire. We provide a perspective that may help accelerate your negotiations, particularly on transactions where a fast closing is important. How can you minimize the time needed to reach a mutually agreeable price and terms on a transaction?

Resi Restart Finance Outline

As with most real estate cycles, at one point in time things appear to be perfect. This usually corresponds to a low interest rate environment, strong demand, available land, credit, and suppliers that can execute. Often during these boom times, the…

Uncle Mauricio Comes Home – Brazil’s Individual Investor Returns to Real Estate

Emerging markets can be considered volatile (negative perception) or opportunistic (positive perception) at certain times of the cycle. It is clearly important to understand the underlying big themes that are driving the market’s behavior and perceived reduction of

The Next Cycle – A Blueprint for Brazil Asset Managers, Part 1

Maximizing an asset manager’s ability to scale during Brazil’s next cycle: how to balance the need for capital while building up assets under management.

The Pendulum Swings – Brazil’s Economy Starts to Rebound

A snapshot of Brazil´s economic shift, from the depth of the recession to the change in outlook and current economic momentum. Proactive strategies for deep value real estate investors at this time in the cycle.

“You Cannot Make A Silk Purse from a Pig’s Ear”: Lessons from Teachey, North Carolina

We visit the small town of Teachey, NC, population 500, and discover that one cannot make a Silk Purse from a Pig’s Ear. We cover why some sellers thought their assets were worth more than their actual market value and how this is changing rapidly based on various pressures. Importantly, we also reveal why this results in large-scale deep value investment opportunities

Who is John Galt? Free Enterprise in Emerging Markets

A philosophical discussion about free enterprise in emerging markets. The story starts in Venezuela and examines the good, the bad, and the ugly of free markets and whether there is any other solution.

“Now It Matters” – Importance of Timing and Deep Value Investments

Timing is almost everything. This newsletter specifically covers the high-return investment opportunity in Brazil’s lot subdivision market.

“The Revolution Will Not Be Televised” – Civic Capital in Brazil

Using Gil Scott-Heron’s poetic genius as an introduction, we discuss how Brazilian society is changing and how this creates investment opportunities.

Don Quixote and The Emerging Market Residential Developer

A journey to La Mancha, Spain provides an analysis of the São Paulo residential housing market post political and financial crisis and new opportunities based on this new environment and market equilibrium.

“The Thrill is Gone” & Currency Hedging

B.B. King’s “The Thrill is Gone” takes us on a journey to Itta Bena, MS where we gain perspective on the Brazilian currency and potential hedging strategies for USD investors.

What if Ronald Reagan was from Rio? Why Politics Matters in Emerging Market Real Estate Investing

Ronald Reagan is not from Rio, but if he were it would be an important fact. This newsletter provides a summary of why politics is important in emerging markets.

The Advantage of a Disadvantage and Other Deep Value Thoughts at 3:30am

Written at 3:30 am with a strong espresso, this newsletter goes into depth about why foreign capital investors may have a distinct advantage at investing in deep value real estate opportunities in Brazil.

“Cousin Caio” and The Execution of A Deep Value Real Estate Investment Strategy

This newsletter discusses the best friend that you may have never met. We discuss the actions and psychology of Brazil’s deep value real estate investor and how international investors can participate.

Assets are Cheap – Liquidity is Low – Why Can’t I Raise Large-Scale Foreign Capital?

Top Ten Lists – Why Emerging Market Asset Managers Cannot Raise Large-Scale Capital

We love Top Ten Lists! Please find the Top Ten Reasons Emerging Market Managers cannot raise large-scale capital

OBAMA, TRUMP, and Brazil Real Estate Asset Manager – What is the Connection?

Obama, Trump

Through the use of the unprecedented elections of Donald Trump and Barack Obama, this newsletter covers why now is an ideal time for emerging market asset managers to partner with large-scale LP capital.

Where is Uncle Mauricio? And Why This Matters for Deep-Value Investors

This newsletter covers how much of Brazilian wealth remains “At the Beach” and out of the real estate market based on high yields from fixed-income products in Brazil.

Secret Santa Gift from A New Best Friend, Michel Temer, President of Brazil!

Secret Santa is a great tradition! This newsletter covers Michel Temer’s Secret Santa Gift of 2016: a constitutional amendment which limits government spending and assists Brazil’s forward yield curve . Happy Holidays!

Flying Pigs and Brazil Sale Leaseback Real Estate Investment, Is There a Connection?

Flying Pigs are not common, nor are they no-brainer investment opportunities. Quality Sale-Leaseback assets in Brazil may be one of those investment strategies.