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Trump Tower Validates Emerging Mexico Market
By Groshan Fabiola
Mexico’s geographic location, natural beauty and low real estate prices are contributing to its growing status as one of the premier real estate hubs.
There are currently over one million Americans living in Mexico, most of whom are retirees, with about 20 percent of them residing in the concentrated area of Baja California. The LIMRA study conducted by the U.S. Census Bureau also estimated that 8,000 citizens turn 60 years old (baby boomers) every day, seizing a combined total of over $11 trillion in retirement savings. According to www.bestretirementspots.com, Mexico is recognized as one of the most popular retirement destinations in the world.
To further illustrate the growing popularity of the Mexico market, Donald Trump recently announced plans to build an ocean resort which will promote development and marketability in the area.
Columnist, Nellie Day posted the October 5, 2006 article, “Trump Ventures Into Mexico” on globest.com, which explains how Trump’s realization of the Mexico market may lead more developers and investors south of the border.
“Trump Ocean Resort Baja Mexico, a 526-suite luxury condominium-hotel resort, will be rising south of the border over the next few years, according to information released by Donald Trump. The resort is located just south of San Diego and will be the first property along the peninsula to combine luxury resort amenities and services with real estate ownership.”
Financial
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services companies, such as San Diego-based Lyons Enterprises Incorporated (LEI), have been growing more interested in the Mexico market as the U.S. has been feeling a cold front in their housing sector since the beginning of 2006. In fact, LEI has developed the branch LEI Mexico, with a specific focus on Mexico real estate and financing. The Mexico market is growing with a prospective boom expected in the next couple of years. Major developers, such as Trump are taking advantage of the open land and freshness of the area while they can. “‘Trump Ocean Resort Baja will redefine the standard of premier property ownership and service excellence for all of Northern Mexico,’ says Trump. ‘I’ve always said, ‘location is everything,’ and being just 30 minutes from Downtown San Diego makes this an ideal locale for a premier resort property.’” Trump, who is the CEO of the Trump Organization, partnered with Irongate, a Los Angeles-based real estate development and investment company to develop the luxury hotel-condominium resort. Trump Ocean Resort Baja Mexico will cater to owners and guests with a plethora of luxury resort amenities expected from a Trump property, “such as an owner’s concierge, lobby bar and lounge, spa, fitness center, tennis courts, and resort, lap and family pools.” Trump has also realized the need to keep condominium prices reasonable to help support the Mexico economy. “Prices for studios and one-, two-, and three-bedroom residences start in the mid-$200,000s and will range from 532 square feet to more than 2,200 square feet of indoor and outdoor space.” Construction for the new resort is schedule to begin by the end of 2006, with the first tower expected to be complete by late 2008. The entire project is expected to be completed by 2011. So if you want to find out more about Mexico Real Estate or even about Mexican Homes, you should click these links. You will also find valuable information about Mortgage Mexico, too.
Here are some more estate planning articles...
Real-estate-properties-selling-like-hot-cakes--florida-real-estate-auction--method-of-sale
By David-Yuri
Auction USA is capturing a large shar of the Florida Real Estate Auction market, the marketing approach targets an increased participation of bidders both online thru Ebay and thru attendees present Read more...
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How Family Limited Partnerships Build Wealth
By Marc Lane
The family limited partnership is an increasingly popular and sometimes controversial tool for saving estate taxes, protecting assets and tax-efficiently shifting income from one family member to Read more...
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Condos-in-myrtle-beach
By Tyler-Fawcett
The Myrtle Beach real estate market is booming and there is a huge variety of great properties that are available. Some of the best value in the Myrtle Beach area is in the condo market. Condos have Read more...
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At Home With Bank Foreclosure Procedures: Advantages Of Staying Informed
By David Yuri
Those with a preference for dealing with a bank foreclosure rather than with other types of foreclosures have got their good reasons. A real estate owned house (REO) is a foreclosure real estate Read more...
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Lego store to open at Mayfair
<img src='http://assets.bizjournals.com/denver/LegosSizedBlogCar*100.jpg?v=1'>The first Milwaukee-area Lego store is coming to Mayfair in Wauwatosa, the mall said Tuesday in a news release.
The 2,200-square-foot store is starting construction this week and is expected to open in May, the release said. It will be on the second level between Starbucks and Gymboree, formerly the Television Frenzies store.
Lego stores feature more than 4 million Legos in the store at any given time, the release said. The store will have a ?Pick-A-Brick Wall,? offering the option to choose specific Lego bricks and elements in a variety of colors and shapes in bulk...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=6fjQwXcmpP0:7mNMiwuj_Z4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=6fjQwXcmpP0:7mNMiwuj_Z4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>Duluth Trading Co. appoints new president
Workwear retailer Duluth Trading Co., based in Belleville in Dane and Green counties, has promoted Stephanie Pugliese to president and chief merchandise officer, effective immediately.
Duluth Trading said Tuesday that Pugliese most recently served as senior vice president of product development and marketing, spearheading the evolution and expansion of Duluth Trading?s women?s line. She also was instrumental in the growth of the company as a whole, overseeing the opening of Duluth Trading's flagship store in Mt...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=YkuG9NDYxGM:Bth4tDga4Zc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=YkuG9NDYxGM:Bth4tDga4Zc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=YkuG9NDYxGM:Bth4tDga4Zc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=YkuG9NDYxGM:Bth4tDga4Zc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=YkuG9NDYxGM:Bth4tDga4Zc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=YkuG9NDYxGM:Bth4tDga4Zc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>Building falls for downtown Milwaukee Marriott
<img src='http://assets.bizjournals.com/milwaukee/blog/real_estate/MarriottDemolitionFeb2012-1*100.jpg?v=0'>The interior demolition of buildings for a new downtown Milwaukee Marriott spilled over into the street on Tuesday as crews used a backhoe to tear down a building on North Milwaukee Street.
Developer Jackson Street Management LLC is demolishing some buildings on North Milwaukee and West Wisconsin Avenue to clear a site for a 200-room Marriott that is to open in mid to late 2013. Interior asbestos abatement and demo work began in January. Construction crews Tuesday tore down a three-story brick building facing Milwaukee Street...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=JTB59sg05TU:RabJ8EPDvsI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=JTB59sg05TU:RabJ8EPDvsI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=JTB59sg05TU:RabJ8EPDvsI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=JTB59sg05TU:RabJ8EPDvsI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=JTB59sg05TU:RabJ8EPDvsI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=JTB59sg05TU:RabJ8EPDvsI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
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Lego store to open at Mayfair
<img src='http://assets.bizjournals.com/denver/LegosSizedBlogCar*100.jpg?v=1'>The first Milwaukee-area Lego store is coming to Mayfair in Wauwatosa, the mall said Tuesday in a news release.
The 2,200-square-foot store is starting construction this week and is expected to open in May, the release said. It will be on the second level between Starbucks and Gymboree, formerly the Television Frenzies store.
Lego stores feature more than 4 million Legos in the store at any given time, the release said. The store will have a ?Pick-A-Brick Wall,? offering the option to choose specific Lego bricks and elements in a variety of colors and shapes in bulk...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=6fjQwXcmpP0:7mNMiwuj_Z4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=6fjQwXcmpP0:7mNMiwuj_Z4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=6fjQwXcmpP0:7mNMiwuj_Z4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
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The process of planning for the orderly administration and disposition of assets after the owner dies.
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