Tag Archives: Real Estate

Sedena’s Real Estate Assets Accrue 20 Percent in Value

By KELIN DILLON According to new data released by the Mexican Secretariat of Finance and Public Credit’s Public Account, the real estate holdings of the Mexican Secretariat of Defense (Sedena) have grown by more than 47.3 billion pesos in value throughout the first four years of President Andrés Manuel López Obrador’s (AMLO) six-year term, placing the total value of Sedena’s

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John Ackerman Gets His Political Comeuppings

OPINION By THÉRÈSE MARGOLIS John Ackerman, an American law professor who decided to switch out his U.S. passport for a Mexican substitute and join the leftist bandwagon of President Andrés Manuel López Obrador’s (AMLO) own personal vision of pseudo-democracy, has just gotten a taste of what AMLO’s Brave New World of dictatorial socialism is really about. After having been rejected

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Navigating Mexico: Can a Foreigner Own Real Estate in Mexico?

By JUAN DE JESÚS BREENE The simple answer is to the above question is: Yes. Honestly, I am actually getting tired of answering this question now that digital nomads have discovered Mexico. So many of these international work-from-homers have moved here, that some have decided to stay, becoming themselves owners, no longer wanting to pay rent. Many sources have reported

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Pemex Head in Houston ‘Purchases’ Multimillion-Peso Mansion

By THE PULSE NEWS MEXICO STAFF After it was revealed by the daily newspaper Reforma that Carmelina Esquer Camacho, director of Pemex Procurement International (PPI), a Texas-based subsidiary of Mexico’s state-owned oil company, Petróleos Mexicanos (Pemex), had acquired a residence in Houston valued at more than $400,000 (equivalent to about 8 million pesos) in late 2020, repeated requests to make

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Ackerman Plans to Throw Legal Book at Loret de Mola

By RICARDO CASTILLO Last week, Mexican journalist Carlos Loret de Mola ran on the website Latinus.us an article enumerating the nine real estate properties of Public Function Secretary Irma Eréndira Sandoval and her husband, National Autonomous University of Mexico (UNAM) law professor and National Electoral Institute (INE) candidate for councilor appraiser John Mill Ackerman. The exposé, to call it by

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