Project Overview
Targeting the high-demand Diamante area of Acapulco, CDMX II deployed $6M in senior debt to facilitate the land acquisition and initial phase of this 8.5-hectare oceanfront master plan. Strategically located adjacent to the iconic Acapulco Princess Hotel, the project saw exceptional market absorption through condo presales, allowing the borrower to fully repay the loan within 12 months. This credit facility delivered a 19% IRR to CDMX II while underwriting a projected 30-32% IRR for the developer, demonstrating the firm’s ability to structure win-win capital solutions in premium coastal markets.
Asset Class
1,100-Unit Condominium Development
Capital Deployed
$6M USD Senior Debt
Security Structure
First Position Acquisition and Phase 1 Construction
Location
Acapulco, Mexico
Project Scope
19% IRR returned to CDMX II | Loan repaid in full within 12 months via exceptional presales
