In only two years, the annual Mexico Resort Development Conference (MRDC), co-produced by Baker & McKenzie and Contact Development Company, LLC, has become one of the major deal-making events on the calendar of real estate developers, investors and professionals throughout North America.
Attendees at past MRDC conferences have explored complex issues like land acquisition, project financing, cross border marketing and sales, legal and Mexican fibra investment structures.
The success of the conference is found in both the organized session content - the 'inside baseball' discussions on resort development within Mexico - as well as the hallway content - discussions between sessions or over dinner and drinks that lead to ideas, alliances and progress on mutual goals.
The 2006 MRDC event featured 45 speakers http://www.mexicoresortdevelopment.com/speakers.php, including former Mexico cabinet members, executives from hospitality and real estate management, investment, insurance, golf course management, utility and engineering companies. These experts are bolstered on the program by legal, tax and financial consultants from Baker & McKenzie and from the principals of Contact Development Company, LLC all of whom have successfully navigated the Mexican business and political seas and are actively engaged in resort/residential projects within Mexico and Latin America.
The 2007 Mexico Resort Development Conference will be held at the La Costa Resort and Spa is expected to feature more content relating to other Central American countries in addition to Mexico.
The strength of the Mexican market and economy - per capita GDP topped US $10,000 in 2006 - is helping to open up other markets as a higher percentage of Mexicans themselves become resort consumers.
For more information on the 2007 Mexico Resort Development Conference, visit www.mexicoresortdevelopment.com.
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.
The firm is well known for the high level of specialization of its professionals. Partners and other members of the firm are recognized as the top professionals in their respective practice areas. It is the only firm in Mexico that has an integral highly specialized professional team which includes attorneys, accountants and economists, enabling the firm to respond to the legal needs of sophisticated companies operating in Mexico and abroad.
About Contact Development Company, LLC:
Contact Development Company, LLC (CDC) is a real estate development firm whose principal focus is the planning, development, marketing and sales of unique resort/residential projects with a specific emphasis on the key North American resort markets of Mexico and Hawaii. For over 20 years CDC has also advised and assisted landowners and developers in facilitating the equity capital and debt financing for the acquisition and development of resort, residential, hospitality and mixed-use real estate projects both domestically in the United States and internationally in Mexico, Central America, and the Caribbean.
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 10 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 financial institutions to lead the way into new development projects targeting the affluent U.S. buyer market.