Paladin Realty continues investments in Brazil
Paladin Realty Partners has formed another joint venture with Brazil-based YOU Inc. to develop middle-income housing in Sao Paulo, Brazil.
This is the sixth programmatic joint venture over the past 17 years between Paladin Realty and YOU Inc.’s founder, Abrão Muszkat, and the first new joint venture investment to be made by Paladin Realty’s fifth pan-regional Latin America fund, Paladin Realty Latin America Investors V, which is currently fundraising for its $300 million target, according to IREI’s FundTracker database.
Paladin Realty’s Latam V fund is committing up to $75 million to the joint venture, with YOU Inc. committing up to $32 million. The platform has acquired