Investors needeed: hight value development in Bogota,colombia
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Demographics
- Government Offices: Federal and state
- Hospitals: private , HMO’s, public
- Shopping Centers: Hundreds of shops
- Transportation: Metro, Transmilenio, public
- Hotels: Radisson, Hilton, Continental , Bacata
- Population: 10 million ( 2006 census)
- Universities: National, Javeriana, Military
- Religious Centers: Catholic Cathedrals
- Civic Centers: Planetarium, museums etc.
Project Characteristics
Titles “free and clear”
Construction plans completed
Construction permits registered and approved Modern design in glass
800 car intelligent parking system
Phases of Construction
- Excavation of basements for parking
- Installation of intelligent parking systems
- Construction of two towers
- Leasing of commercial spaces and professional offices
Parkmatic® Intelligent Parking
- 800 car underground parking
- Yearly projected revenues: us$8 million
- 24 hour automated service
Rendering ind 3d
New Construction Developments
- Our project:us$200 million
- Cultural center: us$250million
- Bacata’ 35 story hotel and commercial center: us$500 million
- Complete renovation of Continental Hotel: us$10million
- Planetarium and other structures: us$100million
Quantity of Funds Required
- Total of funds required: us$60 million dollars
- us$20 million designated to purchase construction materials
- us$22 million designated for construction
- us$12 million designated for intelligent parking system
- us$6 million designated for reserves
Security and Collateral
- Partnership agreement with ownership rights
- Assignment of rents and royalties
- On title when project is finished
- Assignee in insurance policies
Negotiable Return on Investment
- Monthly , quarterly or annual interest
- Principal and interest
- Assignment of leases option
- Parking system revenues
Phases: Projected Value
- Breaking ground value: us$100 million dollars
- Completed construction value: us $180 million dollars
- Fully leased value: us$200 million dollars
Method of Money Transfers
- Electronic wire transfer
- Cashier’s check drawn from Colombian Bank
- “Take out” loan guaranteed transfers
