DIRECTOR'S LETTER

The past year was a crucial one for Clearwater Private Investment. The year 2018 brought us not only continued growth in our transactional and patrimonial business lines, but most importantly, increased recognition and validation of "The Clearwater Advantage", that is, our unique approach to wealth creation in the Iberian real estate market. 

 

As the real estate cycle matured in our home markets of Spain and Portugal during course of the year, our deep network of  contacts and collaborators demonstrated their ability to continue to provide Clearwater with  outstanding ¨off-market¨ real estate opportunities in residential development, senior care residences, signature properties in prime locations, as well as land developments. Even as banks continued very restrictive lending policies, we were able to secure ample financing from non-bank bridge lending from family offices, private debt funds and  UHNW individuals who appreciate the opportunity to earn attractive, consistent, non-market correlated returns guaranteed by first mortgages at low LTVs on prime real estate in Madrid and Portugal.  

 

In short, our business model of utilization of largely non-bank financing to acquire "off-market" real estate opportunities, and then applying value-added measures to match these properties to the specific demand of Iberian market,  is proving to be a winning formula. 

 

On behalf of the entire Clearwater team, I would like to thank the investors who have placed their trust in us during the past year. Based on the current pipeline of origination opportunities, I am confident that 2019 will prove to be another year of substantial growth for our partnership and continued high returns for our investors. 

James Levy is an international investment advisor, business development consultant and a financial services entrepreneur with over twenty five years of experience in international wealth management.

He began his career in 1991 at Merrill Lynch International Private Bank in Madrid, Spain as a Financial Consultant, and left Merrill Lynch in 2003 as a Senior Vice President to co-found Private Wealth Advisors, a boutique investment advisory firm acquired by Spain´s Banco Inversis in 2009. 

James is a speaker, writer and champion of secured lending as a source of consistent and predictable returns for investors. Additionally, he is familiar with the investment regulatory requirements in both Europe and the US for European and American citizens and residents.

James Levy. DIRECTOR