CCLA owns, develops and operates mixed-use real estate in Latin America with a multifamily (for-rent) focus.
CCLA relies upon CIM’s North American opportunistic investment, development, and operational expertise and Compass’ long-term asset management track record, strong local footprint and market expertise in Latin America to oversee the development, design and construction of projects as well as marketing and management of operating residential buildings.
Independent Investment Advisor in Latin America.
- 28 years of experience investing in Latin America through a differentiated approach
- 10 offices across United Kingdom, United States and Latin America
- US$39.6 Billion assets under management, advisory, and distribution1
Community-focused owner, operator, lender and developer of real assets.
- 30+ years working to enhance communities and create value for their stakeholders
- 12 offices across the United States and overseas
- US$28.6 Billion assets under management
[1] As of March 30, 2024
[2] Assets Owned and Operated (AOO) represents the aggregate assets owned and operated by CIM on behalf of partners (including where CIM contributes alongside for its own account) and co-investors, whether or not CIM has discretion, in each case without duplication.
[3] All data provided by Compass Group & CIM Group
[4] Assets Owned and Operated (AOO) represents the aggregate assets owned and operated by CIM on behalf of partners (including where CIM contributes alongside for its own account) and co-investors, whether or not CIM has discretion, in each case without duplication.
Our History
Our Leadership
- Date
- 19 May, 2021
Board Member
CIM GroupAvi Shemesh
Co-Founder and Principal – CIM Group
Avi Shemesh is a Co-Founder and Principal of CIM Group® with more than 25 years of active real estate, infrastructure and lending experience. Since co-founding CIM in 1994, Mr. Shemesh has been instrumental in building the firm’s real estate, infrastructure and debt platforms. He serves on CIM’s Investment and Real Asset Management Committees, providing guidance on the diverse opportunities available across CIM’s various platforms. Mr. Shemesh is responsible for CIM’s long-time relationships with strategic institutions and oversees teams essential to acquisitions, portfolio management and internal and external communication. Prior to CIM, Mr. Shemesh was involved in several entrepreneurial real estate endeavors, including co-founding Dekel Development, a developer of commercial and multifamily properties in Los Angeles.
- Date
- 19 May, 2021
Board Member
Compass GroupManuel José Balbontín
Partner, Executive Chairman and Senior Investment Strategist
Mr. Balbontín is a Partner and Founder of Compass Group, Executive Chairman of Compass Group Holdings, and a Senior Investment Strategist. Prior to founding the firm, Mr. Balbontín was a Managing Partner and Founder of New World Investments Group of Banco Santander in New York. Mr. Balbontín also served as Director of Capital Markets and Co-Director of Sales and Trading of Citicorp Emerging Markets Group (ICFD) in New York, London, and Tokyo. He has experience in asset management, investment banking, and private capital investments in Latin America and other emerging markets. Mr. Balbontín holds a Bachelor of Science degree in Business Administration from Pontificia Universidad Católica de Chile and an MBA from Harvard Business School.
- Date
- 19 May, 2021
Board Member
Compass GroupJaime de la Barra
Partner, Executive Vice Chairman and Chief Investment Strategist – Compass Group
Mr. de la Barra is a Founding Partner at Compass Group in Chile, Executive Vice Chairman of Compass Group Holdings and Chief Investment Strategist. Prior to founding the firm, Mr. de la Barra created and was the Head of Investment Research for Grupo Santander in Chile and previously he was Vice President, Investment Banking at Citicorp Chile. Mr. de la Barra has been a Member of the Capital Markets Advisory Council of the Chilean Ministry of Finance since 2006. He is also a Board Member of Icare and Chairman of its Finance and Business Circle. Additionally, he is Member of the Advisory Board of Endeavor-Chile. Mr. de la Barra was a lecturer in Capital Markets and Financial Institutions at Universidad de Los Andes and is currently a member of the Executive Board for Latin America of The Wharton School of the University of Pennsylvania. He is also a Founding Partner and Chairman of InBest, and one of the Founders and former Chairman of the Chilean Investment Fund Managers Association. Mr. de la Barra holds a Bachelor of Science degree in Business Administration from Pontificia Universidad Católica de Chile and an MBA (Palmer Scholar) from the Wharton School of the University of Pennsylvania.
- Date
- 19 May, 2021
Board Member
CIM GroupRyan Harter
Principal, Development – CIM Group
Ryan Harter is a Principal in the Development Group. He is actively involved in development management and sales brokerage across CIM’s platforms and serves on the Investment Committee. Prior to joining CIM Group in 2002, Mr. Harter worked in multi-family and office development at Martin Building Company and began his career with First Pacific Capital of Spokane. He earned a Bachelor of Arts degree in Political Science from Middlebury College.
- Date
- 19 May, 2021
Board Member
Compass GroupMatías Rodríguez
Partner, Head of Business Development and COO – Compass Group
Mr. Rodríguez is a Partner, Head of Business Development and Chief Operating Officer. Previously he was Regional Head of Finance and Operations. Prior to that position he was Finance and Administration Manager of the Chile office. In his initial days at the firm, he was Head of Planning and Control in the Chile office. Prior to joining the firm, Mr. Rodríguez worked in investor relations at Enersis, one of the biggest multinational electric utility companies in Latin America. He also worked in electric design at Ingendesa, an engineering services company. He is also an adjunct professor of graduate courses in the Business and Economics Department at Universidad de Los Andes, teaching Financial Statement Analysis and Real Estate Investments. Mr. Rodríguez has a Bachelor of Science degree in Industrial Engineering and an MS in electrical engineering from Pontificia Universidad Católica de Chile,as well as an MBA from UCLA Anderson School of Management (Honor Society).
- Date
- 19 May, 2021
Board Member
CIM GroupJason Schreiber
Principal, Investments
"I enjoy working daily with a great team of colleagues who bring a diverse set of professional and personal experiences that inform their viewpoints which enable CIM Group to invest more wisely and manage assets more effectively." Jason Schreiber is a Principal in the Investments Group. He is actively involved in the investment management process across CIM’s platforms and serves on CIM’s Investment Committee. Prior to joining CIM in 2007, Mr. Schreiber was an Analyst in the Tech, Media and Telecom investment banking group at Goldman Sachs. Mr. Schreiber earned a Bachelor of Arts degree in Economics and History of Art from Brown University and a Master of Business Administration degree from Harvard Business School.
- Date
- 19 May, 2021
Board Member
Compass GroupJosé Ignacio Armendáriz
Partner and Country Head | Mexico – Compass Group
Mr. Armendáriz is Country Head of the Mexico office. Previously, he was Director of the marketing and sales team. Prior to joining the firm, Mr. Armendáriz created and led the area of independent advisors at Scotia Casa de Bolsa capturing a market share of more than 50%. Additionally, he was a founder and member of the Administrative Council of Leap Factor, a technology company focused on B2B and B2C mobility. He was also a founding member of the Administration Council of Corpoventas, a microfinance company dedicated to credits by way of payroll, and a member of the administration council of Finvenergy, a private equity fund covering the energy sector. Earlier in his career, Mr. Armendáriz led the area of service to independent advisors at Scotia Inverlat Casa de Bolsa.
- Date
- 19 May, 2021
Managing Director
LATAMRamón Diez-Canedo
Managing Director
Ramon Diez-Canedo is the Managing Director of CCLA. He has more than 11 years of experience in investment banking and real estate investment management. Mr. Diez-Canedo joined CIM Group in 2012 and has worked on several real estate transactions in the United States. Previously, Mr. Diez-Canedo was an Analyst in the Investment Banking division of Morgan Stanley. He earned a degree in Economics from the Center for Economic Research and Teaching in Mexico City.
- Date
- 19 May, 2021
Operations & Finance VP
LATAMNora Galvan
Vice President, Operations & Finance
Nora Galvan is the Vice President of Operations & Finance for CCLA LATAM. Prior to joining CCLA, Ms. Galvan served as a Finance Director and a Mergers and Acquisitions Director at Walmart and a Portfolio Manager at Prudential Real Estate investors. She earned a degree in Industrial Engineering from Instituto Tecnológico Autónomo de Mexico.
- Date
- 19 May, 2021
Property Management VP
LATAMJordan Malugen
Vice President, Property Management
Jordan Malugen is the Vice President of Nomad Living, the property management arm of CCLA. He is responsible for the day-to-day management of 100 employees, 2,300 rental units and 35,000 square meters of commercial space. Prior to joining Nomad Living, Mr. Malugen was Vice President of Investments at Jaguar Growth Partners and Vice President at Prudential Real Estate Investors Latin America. Mr. Malugen earned a Bachelor of Arts degree from Colorado College and a Master of Science degree in Food and Resource Economics from the University of Florida. Mr. Malugen is a member of the Urban Land Institute and the International Council of Shopping Centers, where he served as director of programs for Mexico. Mr. Malugen is fluent in Spanish and Portuguese.
- Date
- 19 May, 2021
Investment Management VP
ColombiaSebastian Luque
Vice President, Investment Management
Sebastian Luque is the Vice President of Investment Management and Country Head for CCLA Colombia. Prior to this, Mr. Luque headed Round Hill Capital’s expansion into Latin America, previously leading the expansion into Spain. Before Round Hill Capital, he worked at Corredores Davivienda Investment bank, one of the leading banks in Colombia. During his career, Mr. Luque has closed over $3 billion in transactions, including mergers and acquisitions, initial public offerings, bond issuances and joint ventures. He is a graduate of Universidad de Los Andes, where he earned a bachelor's degree and a master’s degree in Industrial Engineering with a minor in Business and Entrepreneurship. Mr. Luque also holds a Master of Business Administration degree from London Business School.
- Date
- 12 September, 2024
Investment Management VP
ChileJorge Zeltzer
Investment Management VP Chile
Jorge Zeltzer is the Vice President of Investment Management and Head of CCLA Chile. He has more than 20 years’ experience in: investment banking, both locally (Chile) and internationally (Spain); asset management; and real estate industry. Expertise in project finance, acquisition finance, debt capital markets, M&A, equity capital markets, financial advisory, development of real estate projects. Highly skilled in leading teams, negotiating, creation of new businesses, and quantitative analysis. Prior to joining CCLA, he was the CEO at Inversiones y Rentas Ingevec in Chile and previously the Managing Director at IM Trust. He earned a Bachelor Degree in Business Administration from Universidad de Chile and a MBA focused in Finance from the Pontificia Universidad Catolica de Chile.
- Date
- 19 May, 2018
Investment Management VP
MexicoJavier Vidales
Associate Vice President, Investment Management
Javier Vidales is an Associate Vice President of Investment Management for CCLA Mexico. He primarily focuses on real estate acquisitions, and his responsibilities include deal sourcing, underwriting, performing due diligence, and transaction management. Prior to joining CCLA, Mr. Vidales worked in the Acquisitions group at Admiral Capital Group in New York. He earned a degree in Industrial Engineering from the Anahuac University and a Master of Business Administration degree in Finance and Real Estate from the University of North Carolina at Chapel Hill.
- Date
- 19 May, 2021
Investment Management AVP
MexicoFernando Ulacia
Associate Vice President, Investment Management
Fernando Ulacia is the Vice President of Investment Management for CCLA Mexico. He focuses on real estate acquisitions, and his responsibilities include deal sourcing, underwriting, performing due diligence, financing and asset management. Prior to joining CCLA, Mr. Ulacia was an Analyst on the Equity Research team at Credit Suisse, where he covered real estate and cement and construction sectors in Latin America. He earned a Bachelor of Arts degrees in Finance and Business Administration from Instituto Tecnológico Autónomo de México and a certification in Real Estate Economics and Finance from The London School of Economics and Political Science.
- Date
- 19 May, 2018
Finance VP
LATAMJose Urbina
VP Financial Reporting
Jose Urbina is Vice-president of the Financial and Reporting team in CCLA. He oversights the financial and accounting reports for the funds, assets, and corporate group for the entities in CCLA Latin América. Before joining CCLA, Mr. Urbina worked in Colliers International, directing and supervising the accounting teams in Latin America from México. Prior to Colliers, Mr. Urbina worked in Schlumberger in several managerial positions in Caracas, Paris, Río de Janeiro and México, and also as Financial Auditor in Ernst & Young. He earned an Accounting Degree in Universidad Catolica Andrés Bello in Venezuela, and a Diploma in the Top Direction Program at IPADE in México.
- Date
- 19 May, 2021
Development & Construction VP
ChileJorge Giacaman
Vice President, Development & Construction
Jorge Giacaman is the Vice President of Development and Construction for CCLA Chile. He is responsible for the direction of the pre-development and development processes of residential rental projects in Chile. Before joining CCLA, he worked at the CIMENTA Real Estate Investment Fund, firstly occupying the position of Deputy Manager of Engineering followed by 20 years in the position of Development & Construction Vice President. He earned a Bachelor of Construction Sciences degree with the title of Civil Constructor.
- Date
- 19 May, 2021
Development & Construction VP
MexicoPablo Algara
Development & Construction VP México
Pablo Algara is the Vice President and Head of Development for CCLA Mexico. He is in charge of all the Development efforts across Mexican geography, currently developing 9 projects with more than 3,000 units under development. Prior to joining CCLA, Mr. Algara served as CEO of Desarrollos Delta, in charge of the Development Platform of Grupo Delta heading the Residential for sale and Master Plan initiatives including Valle Poniente, Distrito Domo, Luzía. Previously, Pablo was the Managing Director of Portfolio Management for Deltack, a fund managing platform that manages Assets from the Mexican Pension Funds and part of Mexico Retail Properties (Grupo MRP) a fund manager and development platform focused on developing and operating shopping centers. Mr. Algara holds a Bachelor Degree in Civil Engineering from Tecnologico de Monterrey, and a Master’s Degree in Civil Engineering from Stanford University.
- Date
- 12 September, 2024
Property Management AVP
LATAMAgustín Díaz
Property Management AVP LATAM
Agustín Díaz is the director of operations of Nomadliving in Mexico and Latin America, responsible for the operation of more than 3,000 rental units and 7 projects under development. He has 12 years of experience in asset management, launch and strategic repositioning. Before joining Nomad Living he served as Regional Manager at Greystar for 6 years. Where he operated a portfolio of 1,100 units and the opening of a luxury project in Guadalajara.
- Date
- 12 September, 2024
Investment Management AVP
ColombiaNatalia Camargo
Investment Management AVP Colombia
Natalia Camargo is an Investments and Acquisitions Vice President for CCLA Colombia. With a career spanning over a decade in the real estate industry, she is also Co-founder and Board Member of Brikss, a fast-growing proptech firm based in Colombia. Natalia holds an MSc in Real Estate Investment from Bayes Business School at City University London, as well as a B.A and M.A in Economics from Universidad de Los Andes.
- Date
- 12 September, 2024
Investment Management AVP
PerúAlonso Bacigalupo
Investment Management AVP Perú
Alonso Bacigalupo is Associate Vice President of Investments at CCLA Peru. Prior to joining CCLA in 2022, Mr. Bacigalupo co-founded and worked as Chief Startegy Officer and Investor Relations at The Latam REIT, a REIT that aimed to invest in rental real estate assets throughout the Latin American region. He earned a Bachelor degree in Industrial Engineering from the University of Lima, and a Master of Business Administration degree from Judge Business School at the University of Cambridge.
- Date
- 19 May, 2021
Development & Construction AVP
MexicoDaniel Maldonado
Associate Vice President, Development & Construction
Daniel Maldonado is an Associate Vice President of Development and Construction for CCLA Mexico. Prior to joining CCLA, he worked as a Project Executive for WeWork and Opera Desarrolladora. He earned a degree in Architecture from the National Autonomous University of Mexico and received a Master of Industrial Project Reconversion degree from Paris Sorbonne University.
- Date
- 19 May, 2021
Development & Construction AVP
MexicoJulieta Sobral
Associate Vice President, Development & Construction
Julieta Sobral de Elía is an Associate Vice President of Development and Construction for CCLA Mexico. In this role, she acts as Project Manager for the developments in Guadalajara, directing and coordinating their design and construction. Prior to joining CCLA in 2019, Ms. Sobral de Elía worked for Artha Capital, a private equity fund, as the project manager for three shopping malls and a mixed-use development. She earned a Bachelor of Arts degree in Architectural Studies from La Salle University.
- Date
- 19 May, 2021
Development & Construction AVP
PeruFernando Echevarría
Associate Vice President, Development & Construction
Fernando Echevarria is an Associate Vice President of Development & Construction for CCLA Peru. He leads the project development and construction processes in the country. Prior to joining CCLA, Mr. Echevarria was a Project Development Manager at Intercorp Retail, Project Management Lead at Park Group and Project Manager at Proyecta Ingenieros. He earned a degree in Civil Engineering from Pontificia Universidad Catolica del Peru, a Master of Business Administration degree from Centrum Business School and a Master in Leadership degree from EADA Business School.
- Date
- 12 September, 2024
Development & Construction AVP
ColombiaNatalia Vargas
Development & Construction AVP Colombia
Natalia Vargas is AVP of Development, leading projects in development phase. Before joining CCLA Group in 2019, Natalia Vargas was Project Manager for several construction companies in Colombia such as: Pedro Gómez y Cía, Ospinas y Cía, Conconcreto among others. Natalia is an Architect from Universidad Javeriana de Bogotá and has 16 years of experience in the construction and real estate sector in Colombia leading residential and commercial projects in different cities.
- Date
- 22 September, 2022
Development & Construction AVP ChileJose Gallegos
Development & Construction AVP México
Jose Pedro Gallegos is an Associate Vice President of Development in the Chile Office. He is responsible for coordinate, conceptualize and manage all real estate projects in Chile. Prior to joining CCLA, Mr. Gallegos worked in the real estate area of Kaufmann, and then founded his own architecture studio, designing, coordinating, and managing corporate industrial, residential and retail projects. He holds a bachelor’s degree in Architecture and a Master in Real Estate Development from IE University in Madrid.
CCLA operates in the main markets in Latin America.
CCLA is currently developing and operating properties in Mexico, Chile, Colombia and Peru demonstrating its leadership in multifamily real estate in Latin America
