SAN DIEGO – (COMMERCIAL THREAD) – ETHOS ASSET MANAGEMENT INC USA announced a new long term financing partnership with PROJECT REVA2, a real estate development project based in Washington. Ethos, a private project finance provider based in San Diego, Calif., With global operations, has pledged to provide US $ 70 million with an initial funding phase of US $ 4 million that will continue for several years.
Carlos Santos, CEO of Ethos Asset Management, said: âWe are committed to supporting and funding the REVA2 PROJECT, a unique and innovative project through our Crisis Financing Mechanism (CFF). Covid-19 has driven the current global economic situation and has had a significant influence on property owners, brokers, developers and contractors. We wholeheartedly support the ambitions of PROJECT REVA2 to deliver their project by providing new homes, offices and commercial spaces, new jobs and to finally start operations that have been delayed due to the Covid-19 pandemic. ”
Pya Cope, investor in PROJECT REVA2, said: âThis is a great opportunity for real estate investors who can see the much needed development required and the benefits that PROJECT REVA2 will bring to many communities from Washington. I am honored and proud to support this great project which is supported by Ethos over the long term, ensuring that the injection of CAPEX for the investment is carried out without endangering the capital of the investor. Ethos has gone to great lengths to get involved in the fund as part of a united partnership between the project promoter, investors and local community stakeholders, at each stage of this transformation journey.
REVA2 PROJECT is a dynamic new property development and real estate development project and program based in the United States.
Pya Cope is President of Baseline Financial Services INC. Pya is a banking and business advisory and audit partner of an elite international finance group, specializing in large-scale business projects. Throughout her career, Pya has held positions as Senior Financial Analyst, Trusted Advisor, and Expert in Restructuring Undervalued Companies, delivering consistent annual profit targets and increased shareholder value, adding liquid assets.
Ethos Asset Management (Ethos) is an independent US-based company with a global reach in resource mobilization and project finance. By providing financing to public and private projects on all continents and in all sectors, Ethos has developed a unique risk modulation model that allows them to provide financing on terms that are not available anywhere on the financial markets. traditional. In addition, Ethos provides advice on structuring projects and restructuring debt. Ethos supports and develops its clients to achieve their long-term goals with confidence.
Carlos Santos, CEO of Ethos Asset Management, is actively involved in the acquisition and structuring of three investment funds. He is directly involved in four areas of business activity: resource mobilization, project financing, asset management and commodity trading. Mr. Santos holds a bachelor’s degree in economics, three master’s degrees in finance, banking accounting and international taxation, and a doctorate. under development in financial instruments.
You can hear Carlos Santos, CEO of Ethos, in Dubai, where he is a guest speaker and panelist at the Leaders Without Borders Leadership Summit and International Honors, the # 1 gathering of top professionals from around the world, at the Habtoor Palace, Dubai, September 29-30, 2021.
For more information on Ethos, please visit https://www.ethosasset.com/.