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CORPORATIVO EQUUS, RICARDO MARGAIN ZOZAYA 335 TOWER 2, 22ND FLOOR, COL VALLE DEL CAMPESTRE, SAN PEDRO GARZA GARCÍA NL, 66265, MEXICO
Tel:
Work +52 81 8363 4221
Fax:
Fax +52 81 8363 5102
Email:
Web:
www.creel.mx
Mexico City, Monterrey
Creel, García-Cuéllar, Aiza y Enríquez, S.C., Francisco Montalvo, Monterrey, MEXICO

Lawyer rankings

Francisco Montalvo

Tel:
Work +52 (81) 8363 4221
Email:
Web:
www.creel.mx
Creel, García-Cuéllar, Aiza y Enríquez, S.C.

Work Department

Real Estate and Mergers and Acquisitions 

Position

Francisco Montalvo G.

Career

Francisco Montalvo G. is a partner with Creel, García-Cuéllar, Aiza y Enriquez, S.C. and head of the Firm’s Monterrey Office where he specializes in Real Estate transactions and Mergers and Acquisitions.

Mr. Montalvo represents large multi-national companies and important domestic conglomerates in the acquisition and development of tourism, industrial and residential developments, as well as in the acquisition and divestiture of companies and assets located in Monterrey, Mexico and the Northern region of Mexico.  Counsel to Prudential Real Estate Investors Latin America in the formation of Terrafina Fibra (REIT) and Terrafina’s first acquisition, consisting of a portfolio of more than 70 industrial properties from Kimco and American Industries for approximately US$370 Million. Mr. Montalvo has also been involved in the most recent acquisitions of industrial portfolios of the CKD’s formed by Walton Street Capital and FINSA for approximately US$430 Million. In connection with retail properties, Mr. Montalvo acted as counsel to Macquarie Mexican REIT in the acquisition of a 50% interest in a portfolio of nine retail properties from Kimco Realty Corporation (Kimco).

Mr. Montalvo has also acted as counsel in several acquisitions of companies such as Adhesivos y Productos Especiales (acquired by Bostik), Reactivos y Equipos (Hach Companies) and ServiBonos (Sodexo Mexico). Mr. Montalvo also acts as Counsel to WeWork Companies in the leasing of different facilities to establish their presence in Mexico. He also advises on the formation of condominium regimes for industrial, residential and commercial real estate projects and has been actively involved in reorganizations of land, including redesigning/swapping ownership rights over parcels of land to achieve a more efficient distribution of the plots of land among partners or former partners, and advising on the implications such reorganizations have from a legal standpoint vis a vis authorities and has lately been involved in the real estate aspects of the formation of FIBRAs (Mexican REITs).

Mr. Montalvo is listed as a Notable Practitioner in Band 1 by Chambers and Partners Latin America 2015, 2014 and 2013 in the field of Real Estate. Mr. Montalvo has been recognized as a Leading Lawyer in Real Estate by the Legal 500 2015, 2014 and 2013 and noted by Latin Lawyer 2015, 2014 and 2013 editions.

Languages

Spanish and English.

Member

Mr. Monalvo is a member of the New York State Bar Association and of the International Bar Association.

Education

Mr. Montalvo obtained his law degree (JD) from Instituto Tecnológico Autónomo de México (ITAM) in 1995 and a LL.M degree from The University of Texas at Austin in 1998.


Mexico

Real estate

Within: Leading lawyers

Francisco Montalvo - Creel, García-Cuéllar, Aiza y Enríquez, S.C.

Within: Real estate

Clients are unabashedly effusive about the ‘top class’ real estate team at Creel, García-Cuéllar, Aiza y Enríquez, S.C.: ‘in my opinion, it is the best real estate law firm in Mexico. This is a law firm that has everything that a client needs and not only professionally speaking but also from a personal point of view’, says one. Another adds that the lawyers ‘know how to get things done and close deals. That’s what they do, and that’s what we need. They are expensive, but totally worth it’. The 32-strong team is solidly integrated, including with other departments in the firm, and it is, therefore, able to handle highly complex deals, from transactional to finance matters, including CKDs, FIBRAs, and CERPIs in all real estate sectors. A ‘strong negotiator, with a great deal of experience in the field’, ‘top notch real estate lawyerFrancisco Montalvo leads the practice from the firm’s Monterrey office. His recent work involved real estate acquisitions, including acting as counsel for Nucor JFE Steel Mexico in the acquisition of approximately 100 hectares of land (once subject to the Mexican agrarian regime) located in Silao, Guanajuato, for the establishment of a steel galvanising plant, a case also involving ejido issues. Key partner Carlos de Icaza, based in Mexico City, assisted the Dutch Embassy with negotiating and executing the lease agreement for its new offices in the capital; and MRP in the MXN$7.8bn sale, to Fibra Uno (FUNO), of a portfolio of 16 stabilised shopping centres across 11 Mexican states, and one plot of land in the greater Mexico City area. In the former mandate he was supported by senior associate Alfonso Pulido whom clients describe as ‘a versatile, hands on lawyer with deep knowledge of real estate transactions. There is a noticeable difference when he participates in a deal. He has a great willingness to work, any time, any day’. Pulido was also present on a deal led by another key partner, Carlos del Río, in which the team – also involving IP and insurance lawyers – advised Tesla on the negotiation of lease agreements for the establishment of its operations in Mexico, including the negotiation of Supercharger Stations in several locations across Mexico, required for the implementation of an electric charging network for all-electric Tesla vehicles. Senior associate Pilar Orozco was also involved in this deal. Del Río teamed up with other key partner Badir Treviño-Mohamed (based in Monterrey) as counsel to RLH Properties in the acquisition of a holding in the companies that own the Rosewood, Fairmont, Banyan Tree and Andaz Mayakoba-brand hotels and the "El Camaleón" golf course, in Quinatana Roo. Treviño-Mohamed was very active in FIBRA work, most notably, (in conjunction with capital markets partner Carlos Aiza) he led the team that assisted Grupo Bafar in the negotiation, implementation, and structuring of FIBRA Nova, including its offering on the Mexican Stock Exchange. Counsel Valentina Villa and associate Rogelio Rueda are also noted, and key support also comes from senior associate Carlos Yamamoto. Iker Arriola joined the firm from White & Case S.C. in early 2018. Clients include Macquarie Mexican REIT, FIBRA Macquarie, Terrafina, Walton Street Capital, Prudential Real Estate, Artha Capital, GE Capital Real Estate, Black Creek Capital, O’Connor Capital Partners, Mexico Retail Properties, Starwood Hotels and Resorts, Prologis and Southern Cross.

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