Largest Convention of Real Estate developers in Mexico underway.

Baja California Meeting Point 2008 To Offer Opportunities For U.S. Building Firms
-- International Leaders to Explore the Growing Mexican Real Estate Industry—The largest convention of real estate developers in Mexico is being held minutes away from San Diego at the Grand Hotel Tijuana from October 15 to 18. Out of an unfilled need for American entrepreneurship, business opportunities for U.S. firms in the Mexican real estate industry are growing steadily. The wave of 76 million Baby Boomers who will be retiring over the next ten years translate into a mass market for Baja California real estate developers catering to American retirees. Baja California Meeting Point, also known as “The Sea of Cortes and Baja Peninsula Tourism Investment Summit and Real Estate Expo,” is a business hub for real estate investors, developers, landowners, construction companies and the hospitality industry. The event is sponsored by the Mexican government, the state of Baja California, the Mexican Tourism Board, among other important leaders concentrating on this niche. "Meeting Point will bring together entrepreneurs, investors, developers, landowners and operators to network, share information, form new business partnerships and discuss how U.S. know-how and investment can be brought to Mexico," said Javier Godinez-Villegas, creator of Baja California Meeting Point. “It will bring every key player to the ballpark of the retiree phenomenom for the ‘World Series’of training and interaction.”The Mexican Association for Retirement Communities (AMAR) has joined the Baja California Meeting Point with the intention of creating the needed legislation for the establishment of the regulations that will allow the introduction of the Senior’s Housing and Care industry in Mexico. The BCMP has positioned itself in the past years as the most important meeting point for investors, developers, land owners, constructors, and support companies for the tourist industry of the Sea of Cortes and the Baja California Peninsula.While the second-home market has contracted on both sides of the border, Mexico still attracts buyers from both the United States and Canada interested in owning vacation and retirement homes in Mexico, according to Xiomara Ramos general coordinator of the Mexican Association for Retirement Communities. “Baja California is well positioned to offer extraordinarily high-quality, attractive resort homes to the millions of North Americans increasingly interested in a higher quality of life for a lower cost of living,” she added. “We’re talking about the millions of Americans who won’t need to commute to work anymore. They want the golf courses, ocean views and leisure amenities only Baja California offers just across the border.” Godinez-Villegas says the Baja California real estate market matured tremendously over the past ten years and that U.S. builders and developers would be impressed with the high quality of projects now under construction. “Spectacular oceanfront and recreational land is available in Baja and the owners of this land, as well as experienced builders, are interested in partnering with American developers and operators to capture a larger share of the growing retirement market niche, he said. “Some are looking for equity partners while others are interested in construction and design expertise while still others require the specialized services American homebuyers demand.” “I`m delighted to see this industry mature," said Paul O`Sullivan, managing partner of O’SullivanSimms Internacional, who developed a binational public health policy project implemented in five Mexican and four U.S. states and is promoting Baja California Meeting Point in the United States. "With demand for top-quality assisted living communities clearly outstripping supply in the United States, there are dynamic opportunities in international real estate development and resort health care services throughout Mexico that Americans are going to want to hear about." Baja California Meeting Point is committed to bridging America and Mexican business partnerships. This year marks BCMP’s fourth-annual summit to be held in Tijuana. BCMP maintains a strategic alliance with Aero Mexico, which will sponsor discounted air travel arrangements for this year’s attendees. In addition, BCMP offers business matchmaking, pre-arranged meetings, one-on-one sessions, presentation space, networking areas and “Baja Talk,” aimed at providing information on reaching target markets. Attendees will find out how to increase his or her firm’s market share by building partnerships for the future. For more information or to register, visit www.bajacaliforniameetingpoint.com.
Article from the Baja Times