Century Asset Management, a professional investment firm born from the alliance of two major real estate leaders

•  Constructora Conconcreto and Century Homebuilders Group have joined forces to create a long-term, reliable, and profitable alternative for investors focused on developing high-potential real estate projects in urban areas of South Florida.
•  One of the pillars is working on projects that meet global standards in innovation, digital transformation, and sustainability, enabling the development of high-quality buildings at competitive times and costs, thus improving the return on investment.
• Returns exceeding 12% EA and an expected cash flow of 6% per year in dollars, diversifying the investment portfolio outside the country.

 

Bogotá, May 2022Conconcreto and Century Homebuilders Group have joined forces to create Century Asset Management, a professional investment firm that structures and develops investment opportunities in high-potential urban real estate assets, mitigating risks and generating added value for investors.

 

Century Homebuilders Group has over 30 years of experience in the South Florida market, and Conconcreto has over 60 years in the construction sector, with projects totaling over USD $6,5 billion and over 50 homes developed.

 

 

From this alliance, Century Real Estate Fund I was born, a new investment opportunity to capitalize on the capital of individuals or legal entities in the multifamily apartment rental business in Miami, United States, offering direct investment facilities from Colombia and other countries around the world, without the need to create companies or corporations abroad.

 

The competitive advantage of real estate projects is based on the integration of planning and design, construction, operation, and return consolidation, generating cost efficiency and transferring the full value of assets to the investor, resulting in greater profitability. Likewise, through the use of new technologies, they provide valuable information that connects investors with projects.

 

Century Asset Management works alongside leading professional real estate operators, complemented by in-house capabilities to generate value in projects with a focus on long-term NOI (Net Operating Income).

 

Similarly, the identification of investment opportunities is based on market knowledge and experience, along with studies provided by strategic allies.

 

Big benefits

Those who decide to invest in the Fund will be able to do so in an investment portfolio of mature multifamily projects that already have land acquired, designs, and construction permits ready to begin development in the short term. One of the most interesting points is that returns can exceed 12% EA (USD) and have an expected cash flow of 6% per year in dollars, diversifying the investment portfolio outside the country.

 

All asset appreciation is transferred to the investor, delivering higher returns than other real estate income funds and providing a unique investment alternative given the low financing rates, the increase in housing demand in the short and medium term due to the migration of people to South Florida, market vacancy rates below 3%, and low unemployment rates.

 

Not only that, but there's also investment support from internationally renowned strategic partners such as Holland & Knight and SS&C for legal advice and money custody.

 

Investments start at USD $100,000, which is represented by an asset portfolio of more than USD $235 million. Throughout this process, investors are supported by a legal team to advise them on tax and legal matters, as well as a financial and market team.