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In 1989, Kevin R. Forbes after many years in the local and regional real estate markets, saw a need for investors to add international real estate to their portfolios. With markets in Canada and the U.S. stagnating and returns historically low, Forbes created Worldwide Properties Investors Group to expand into emerging market locations around the Globe. This was a timely undertaking as the crash of 1989 clearly showed that real estate bubbles were a cyclic reality. Location, location, location was very much the new mantra. Diversification in real estate was where Forbes saw the future. Worldwide Properties Investors Group travels the globe to source out the best raw-land and development deals.
We look beyond the developers’ glossy marketing brochures and bold promises to get the real facts as to the viability of a project. We analyze many factors and thoroughly investigate all areas of a project. We look at a developer’s track record to see if projects are brought in on time and on budget. We look at growth potential in the short, medium and long-term. Local and international legal advisers are used throughout the process along with title insurance options. Currency differentials that make sense in borrowing costs are examined. Government stability and an investor friendly policy is a must. All opportunities of a project to maximize profits are looked into in regards to off-plan loan agreements, pre-construction multi-unit purchase and proper exit strategies. In all areas of any project, from first contact through signing, the investor is kept fully informed. Since 1989, Worldwide Properties Investors Group has not had any projects fail to be completed. Our due diligence has enabled us to avoid the pitfalls that so many others experience in international real estate.