{"id":1004146725,"date":"2016-06-26T23:48:16","date_gmt":"2016-06-27T07:48:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004146725"},"modified":"2020-05-12T00:03:10","modified_gmt":"2020-05-12T08:03:10","slug":"elandis-enters-spanish-market-with-first-european-office","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/elandis-enters-spanish-market-with-first-european-office\/","title":{"rendered":"Elandis Enters Spanish Market with First European Office"},"content":{"rendered":"<p><em>By Adelina Osan, Associate Editor<\/em><\/p>\n<p><strong>Madrid<\/strong>\u2014Miami-based <a href=\"https:\/\/elandis.com\/\" rel=\"nofollow\" target=\"_blank\">Elandis<\/a>, real estate development and management company of the Libra Group throughout the Americas, entered the European market with a new office in the Spanish capital city of Madrid.<\/p>\n<div id=\"attachment_1004146726\" style=\"width: 210px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004146726\" data-attachment-id=\"1004146726\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/elandis-enters-spanish-market-with-first-european-office\/frank-espinosa-ceo-of-elandis\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg\" data-orig-size=\"2601,3910\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;6.3&quot;,&quot;credit&quot;:&quot;ANNA GUNSELMAN&quot;,&quot;camera&quot;:&quot;NIKON D700&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1319100711&quot;,&quot;copyright&quot;:&quot;ANNA GUNSELMAN&quot;,&quot;focal_length&quot;:&quot;70&quot;,&quot;iso&quot;:&quot;160&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Frank Espinosa, CEO of Elandis\" data-image-description=\"&lt;p&gt;Frank Espinosa, CEO of Elandis&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Frank Espinosa, CEO of Elandis&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?w=681\" class=\"wp-image-1004146726 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg\" alt=\"Frank Espinosa, CEO of Elandis\" width=\"200\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg 2601w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=200,300 200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=768,1155 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=681,1024 681w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=1022,1536 1022w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=1362,2048 1362w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=150,225 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=300,451 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=696,1046 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=1068,1605 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=1920,2886 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/Frank-Espinosa-CEO-of-Elandis.jpg?resize=279,420 279w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><p id=\"caption-attachment-1004146726\" class=\"wp-caption-text\">Frank Espinosa, CEO of Elandis<\/p><\/div>\n<p>The new venture will offer the possibility to explore numerous residential, commercial and <a href=\"https:\/\/www.commercialsearch.com\/news\/hotel\/\" target=\"_blank\">hospitality sector<\/a> investment and management opportunities throughout Spain. Elandis in Spain will consider a wide range of investments typically in the $16.7 million to $55.5 million region\u2013not only in the country\u2019s main cities but in all of its autonomous regions. The new division is looking to replicate Elandis\u2019s strong track record in the acquisition, improvement and sale of real estate across the Americas.<\/p>\n<p>\u201cWe are confident that our investment strategies and property management methodologies, now well-proven in the Americas, will be highly relevant to the real estate market in Spain,\u201d said Frank Espinosa, CEO of Elandis, in prepared remarks. \u201cOur team in Madrid is all about professional, flexible investment decisions and will consider the whole range of real estate asset classes.  We are accustomed to working internationally and this new office opens up many new opportunities.\u201d<\/p>\n<p>Elandis has particular knowledge in restoring and refurbishing multifamily properties and considerable experience in owning and developing hotel assets for the hospitality industry. It is currently partnering with Hyatt Hotels to develop and own nine branded hotels in major towns and cities across Brazil.<\/p>\n<p>The company has 2,500 residential units, 25 hotels and 10 real estate development projects across six countries, as well as a portfolio of more than 5.8 million square feet developed and <a href=\"https:\/\/www.commercialsearch.com\/news\/development\/\" target=\"_blank\">under development<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new division in Madrid is looking to replicate Elandis\u2019s strong track record in the acquisition, improvement and sale of real estate across the Americas.<\/p>\n","protected":false},"author":735,"featured_media":1004146726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,21742,21747],"tags":[],"class_list":["post-1004146725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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