Master of Real Estate
MDI Mexico Master of Real Estate (dual international programme)
A Lifelong Learning Master’s Degree from UPM
Diploma from ITAM
The MDI Mexico (*) teaching staff is made up of an extensive roster of experts who work in the public sector, private sector and at the university itself and who lecture at one or more MDI campuses. Some are MDI alumni who now hold prominent positions at sector players.
Coordination among the lecturers is key to ensuring the iterative learning process and subsequent contact with them is one of the most valuable things you will take away from the learning experience provided by the MDI Mexico (*) Master of Real Estate.
(*) Accreditation of the Lifelong Learning Master’s Degree from UPM as the equivalent of a Master’s Degree - a Maestría - in Mexico will depend on the criteria followed by the local authorities at any given moment in time.
Lecturers
The leading professionals in the Spanish-speaking real estate space Get to know them!
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Jorge
Castañares Moreno
Managing Partner / Academic Coordinador RE courses ...
Xpertha / ITAM
Emiliano Acquila Natale
Professor
UPM
City MDI: Ciudad de México;
Lima;
Madrid
Subjects: Strategy. Business Administration
Emilano Acquila Natale is a professor in the telecommunications engineering school (ETSIT) of Madrid's Polytechnic University (UPM). He holds a PhD and MBA from UPM and lectures regularly on digital transformation and omnichannel e-commerce for masters and in-company training programmes.
Emilano Acquila Natale is a professor in the telecommunications engineering school (ETSIT) of Madrid's Polytechnic University (UPM). He holds a PhD and MBA from UPM and lectures regularly on digital transformation and omnichannel e-commerce for masters and in-company training programmes.
Erika Adaya Pérez
Subdirectora de Dictámenes Técnicos
Secretaría de Desarrollo Social
City MDI: Ciudad de México
Subjects: Introduction to management Skills un urban planning
Erika Adaya Pérez is an urban planning lecturer and consultant. An architecture graduate with a master’s in urban planning from TEC de Monterrey, Erika has worked as director of urban planning and technical operations in the town of Huixquilucan and as advisor on planning and housing matters at SEDESOL and SEDATU. As a teacher, she helped set up the undergraduate architecture programme at TEC de Monterrey (Campus Toluca) and currently lectures at TEC and ITAM in Mexico.
Erika Adaya Pérez is an urban planning lecturer and consultant. An architecture graduate with a master’s in urban planning from TEC de Monterrey, Erika has worked as director of urban planning and technical operations in the town of Huixquilucan and as advisor on planning and housing matters at SEDESOL and SEDATU. As a teacher, she helped set up the undergraduate architecture programme at TEC de Monterrey (Campus Toluca) and currently lectures at TEC and ITAM in Mexico.
Emilia Agami Micha
CEO
Llave
City MDI: Ciudad de México
Subjects: Market Research
Emilia Agami Micha es consejera delegada de Llave. Licenciada en Administración de Empresas de profesión, Maestra en Economía y Negocios por la Universidad Anáhuac y Diplomada en Negociación por la Harvard Business School, Emilia tiene una extensa experiencia comercializando oficinas, locales, tiendas ancla, departamentos de lujo y residencial medio en distintos estados de México, y ha sido directora comercial de una cadena hotelera boutique, lo que la otorga un conocimiento profundo de la mayoría de clases de activos inmobiliarios. Imparte clase en el MDI en ITAM y habla tres idiomas, español, inglés y hebrero. Emilia es miembro CCIM (Certified Commercial Investment Member).
Emilia Agami Micha es consejera delegada de Llave. Licenciada en Administración de Empresas de profesión, Maestra en Economía y Negocios por la Universidad Anáhuac y Diplomada en Negociación por la Harvard Business School, Emilia tiene una extensa experiencia comercializando oficinas, locales, tiendas ancla, departamentos de lujo y residencial medio en distintos estados de México, y ha sido directora comercial de una cadena hotelera boutique, lo que la otorga un conocimiento profundo de la mayoría de clases de activos inmobiliarios. Imparte clase en el MDI en ITAM y habla tres idiomas, español, inglés y hebrero. Emilia es miembro CCIM (Certified Commercial Investment Member).
Daniel Algazi
Associate Director
JLL
City MDI: Ciudad de México
Daniel Algazi Cohen is an associate director in valuation advisory services at JLL (Jones Lang LaSalle) for Mexico, Central America and the Caribbean. A civil engineering graduate, Daniel also holds an MBA, both with honourable mention, from Anáhuac University in northern Mexico. Earlier in his career Daniel worked in the construction divisions of Sangue and Daurva. He teaches several programmes at Anáhuac University and participates in forums organised by technical companies.
Daniel Algazi Cohen is an associate director in valuation advisory services at JLL (Jones Lang LaSalle) for Mexico, Central America and the Caribbean. A civil engineering graduate, Daniel also holds an MBA, both with honourable mention, from Anáhuac University in northern Mexico. Earlier in his career Daniel worked in the construction divisions of Sangue and Daurva. He teaches several programmes at Anáhuac University and participates in forums organised by technical companies.
Eduardo Apaez
Counsel
White & Case
City MDI: Ciudad de México
Subjects: Data Protection. AML/TF
Eduardo Apáez Dávila is lawyer at White&Case LLP where he specialises in compliance law, particularly the area of anti-money laundering and counter-terrorism financing (AML/CTF). A law graduate from Marista University, Eduardo holds a master’s in business law from Anáhuac University and has completed a number of short post-graduate courses in taxation, tax law and financial law at Iberoamericana University. Eduardo has also worked as a lawyer at CREEL (García-Cuellar, Aiza y Enríquez, S.C.) and, for 17 years, as a public servant at institutions such as the Mexican government’s Financial Intelligence Unit, the National Banking and Securities Commission, the Banking, Securities and Savings Unit and the Bank of Mexico, where he helped draft and enact AML/CTF regulations, and as an expert at the Financial Action Task Force (FATF).
Eduardo Apáez Dávila is lawyer at White&Case LLP where he specialises in compliance law, particularly the area of anti-money laundering and counter-terrorism financing (AML/CTF). A law graduate from Marista University, Eduardo holds a master’s in business law from Anáhuac University and has completed a number of short post-graduate courses in taxation, tax law and financial law at Iberoamericana University. Eduardo has also worked as a lawyer at CREEL (García-Cuellar, Aiza y Enríquez, S.C.) and, for 17 years, as a public servant at institutions such as the Mexican government’s Financial Intelligence Unit, the National Banking and Securities Commission, the Banking, Securities and Savings Unit and the Bank of Mexico, where he helped draft and enact AML/CTF regulations, and as an expert at the Financial Action Task Force (FATF).
Luis Rafael Bedolla Nájera
Consultant
City MDI: Ciudad de México
Subjects: Finance
Luis Rafael Bedolla Nájera is an independent consultant specialised in finance, credit and real estate. A graduate in accounting, specialised in finance, Rafael has also completed a master of finance at Mexico’s UNAM, as well as the MDI from Madrid’s Polytechnic University (UPM). He has built his career across several financial institutions, including Banca Serfin (today, Santander), the BBVA Bancomer Group, where he headed up risk management for the north-east corporate banking division, Banca Hipotecaria (formerly, Hipotecaria Nacional) as director of business development for large developers, at Banregio, as assistant director of corporate banking, and at Banca Mifel, as director of businesses and of lending in the business and mortgage segments. Rafael has run the MDI in Mexico City.
Luis Rafael Bedolla Nájera is an independent consultant specialised in finance, credit and real estate. A graduate in accounting, specialised in finance, Rafael has also completed a master of finance at Mexico’s UNAM, as well as the MDI from Madrid’s Polytechnic University (UPM). He has built his career across several financial institutions, including Banca Serfin (today, Santander), the BBVA Bancomer Group, where he headed up risk management for the north-east corporate banking division, Banca Hipotecaria (formerly, Hipotecaria Nacional) as director of business development for large developers, at Banregio, as assistant director of corporate banking, and at Banca Mifel, as director of businesses and of lending in the business and mortgage segments. Rafael has run the MDI in Mexico City.
Felipe Carrasco Zanini
Public notary
Notaría 185 Ciudad de México
City MDI: Ciudad de México
Subjects: Commercial Law
Felipe Carrasco Zanín is public notary no. 185 in Mexico City. A law graduate from Mexico's ITAM, where he also completed economics studies, Felipe has also taken a number of post-graduate short courses offered by Mexico City’s School of Notaries. He has worked as a lawyer for a number of solicitor firms, combining that work with teaching, for the MDI and also as coordinator of the specialist programme in real estate and tourism law at ITAM. He also writes and is known for his work, “Real estate law: Select topics and sector perspectives”.
Felipe Carrasco Zanín is public notary no. 185 in Mexico City. A law graduate from Mexico's ITAM, where he also completed economics studies, Felipe has also taken a number of post-graduate short courses offered by Mexico City’s School of Notaries. He has worked as a lawyer for a number of solicitor firms, combining that work with teaching, for the MDI and also as coordinator of the specialist programme in real estate and tourism law at ITAM. He also writes and is known for his work, “Real estate law: Select topics and sector perspectives”.
Jorge Castañares Moreno
Managing Partner / Academic Coordinador RE courses and professor
Xpertha / ITAM
City MDI: Ciudad de México
Subjects: Analysis and management of residential development projects
Jorge Castañares Moreno is a partner and executive director at XPERTHA Capital, a firm specialised in generating investment funds and real estate businesses through private equity and alternative financing sources and structures, including FIBRAS CKDes, CERPis and crowdfunding. Jorge holds an MBA and has completed the post-graduate programme in real estate at Mexico’s ITAM. Jorge founded and directed Redbrick and has worked as business manager at Aguirre Newman (today, Savills), director of real estate development at Marhnos, director in the capital markets team at JLL (Jones Lang LaSalle), director of real estate at Grupo Modelo and director of corporate banking at Banco Santander, among other positions. Notably, he lectures at ITAM and Pedregal University and is a guest speaker and teacher for a number of platforms. He also publishes and participates in the start-up of companies related with real estate consultancy, development and investment.
Jorge Castañares Moreno is a partner and executive director at XPERTHA Capital, a firm specialised in generating investment funds and real estate businesses through private equity and alternative financing sources and structures, including FIBRAS CKDes, CERPis and crowdfunding. Jorge holds an MBA and has completed the post-graduate programme in real estate at Mexico’s ITAM. Jorge founded and directed Redbrick and has worked as business manager at Aguirre Newman (today, Savills), director of real estate development at Marhnos, director in the capital markets team at JLL (Jones Lang LaSalle), director of real estate at Grupo Modelo and director of corporate banking at Banco Santander, among other positions. Notably, he lectures at ITAM and Pedregal University and is a guest speaker and teacher for a number of platforms. He also publishes and participates in the start-up of companies related with real estate consultancy, development and investment.
Javier Díaz de León
Tax Partner
Diaz de Leon Abogados
City MDI: Ciudad de México
Subjects: Taxation of Real Estate Investments
Javier Díaz de León Galarza, a founding partner of Díaz de León Abogados, is a tax lawyer specialised in M&A, private equity funds, financial instruments, corporate restructuring work and international estate planning. Javier holds an LLM in International Taxation from NYU and has completed post-graduate courses in tax and corporate law in Mexico’s Panamericana University.[TO2] Previously, Javier was a partner at EY Mexico and Cuatrecasas and before that an international attorney at the law firm Foley & Lardner in New York and Dallas. Lastly, Javier is a prolific author of expert articles.
Javier Díaz de León Galarza, a founding partner of Díaz de León Abogados, is a tax lawyer specialised in M&A, private equity funds, financial instruments, corporate restructuring work and international estate planning. Javier holds an LLM in International Taxation from NYU and has completed post-graduate courses in tax and corporate law in Mexico’s Panamericana University.[TO2] Previously, Javier was a partner at EY Mexico and Cuatrecasas and before that an international attorney at the law firm Foley & Lardner in New York and Dallas. Lastly, Javier is a prolific author of expert articles.
David Domínguez
CEO
3Lotus consulting
City MDI: Ciudad de México
Subjects: Life cycle of real estate assets
David Domínguez Muñoz is one of the founders of 3Lotus Consulting, a green building and corporate sustainability consultancy firm. An architecture graduate from Mexico’s UPAEP, David has also completed post-graduate specialisation courses in sustainable design and building at Mexico City’s Iberoamericana University (IBERO). David has built up a compelling portfolio of LEED and EDGE certified developments in Mexico and other Latin American countries, led research into green materials, given courses and talks in Latin America and Spain and coordinated the first Mexican LEED-LAB, based in the IBERO. David’s qualifications include LEED-AP BD+C from USGBC (2009), EDGE Auditor, EDGE Expert from IFC and USGBC Faculty / LEED Faculty.
David Domínguez Muñoz is one of the founders of 3Lotus Consulting, a green building and corporate sustainability consultancy firm. An architecture graduate from Mexico’s UPAEP, David has also completed post-graduate specialisation courses in sustainable design and building at Mexico City’s Iberoamericana University (IBERO). David has built up a compelling portfolio of LEED and EDGE certified developments in Mexico and other Latin American countries, led research into green materials, given courses and talks in Latin America and Spain and coordinated the first Mexican LEED-LAB, based in the IBERO. David’s qualifications include LEED-AP BD+C from USGBC (2009), EDGE Auditor, EDGE Expert from IFC and USGBC Faculty / LEED Faculty.
Guillermo Fernández-Mazaranbroz
Managing Director
UAX
City MDI: Ciudad de México
Subjects: Strategy. Business Administration
Guillermo Fernández-Mazarambroz is partner and CEO of Lemon Mexico, with which he has developed 1,000+ homes across seven states. An architecture graduate from Madrid’s Polytechnic University (UPM), Guillermo holds an MBA from the Kellogg School of Management. Before Lemon, Guillermo worked as vice-president of Latam at Hill International and director of OHL’s development business in Mexico.
Guillermo Fernández-Mazarambroz is partner and CEO of Lemon Mexico, with which he has developed 1,000+ homes across seven states. An architecture graduate from Madrid’s Polytechnic University (UPM), Guillermo holds an MBA from the Kellogg School of Management. Before Lemon, Guillermo worked as vice-president of Latam at Hill International and director of OHL’s development business in Mexico.
Alexander Galewicz
Partner
1754 Properties
City MDI: Ciudad de México
Subjects: Hotel
Louis Alexander Galewicz is managing partner of 1754 Properties and runs the office in Mexico City. An industrial engineering graduate from Mexico City’s Iberoamericana University, Alexander holds an MBA from Columbia University. He founded OCG Capital in Bogota after his time working for Prudential Real Estate Investors (today, PGIM), where he managed a portfolio of $2 billion, and for Evercore Partners.
Louis Alexander Galewicz is managing partner of 1754 Properties and runs the office in Mexico City. An industrial engineering graduate from Mexico City’s Iberoamericana University, Alexander holds an MBA from Columbia University. He founded OCG Capital in Bogota after his time working for Prudential Real Estate Investors (today, PGIM), where he managed a portfolio of $2 billion, and for Evercore Partners.
Santiago García Álvarez
Partner
García Jarque Ingenieros
City MDI: Ciudad de México
Subjects: Life cycle of real estate assets
Santiago García Álvarez is a structure designer at García Jarque Ingenieros. A civil engineering graduate from Iberoamericana University, Santiago holds a master’s of seismic engineering from UNAM. Santiago is jointly responsible for structural safety at Mexico City’s building safety institute. He has been involved in 60+ developments using concrete, steel and masonry structures in different cities across Mexico.
Santiago García Álvarez is a structure designer at García Jarque Ingenieros. A civil engineering graduate from Iberoamericana University, Santiago holds a master’s of seismic engineering from UNAM. Santiago is jointly responsible for structural safety at Mexico City’s building safety institute. He has been involved in 60+ developments using concrete, steel and masonry structures in different cities across Mexico.
Andrés García Fajer
Capital Deployment Director
Prologis
City MDI: Ciudad de México
Subjects: Capital markets and fund management
Andrés García Fajer works for Prologis as capital deployment director and is a founding investor and member of the executive board of EPI NRG, an intelligent energy startup. A graduate in international relations (2005), Andrés has also completed post-graduate studies in corporate finance, both at ITAM. He has also taken a post-graduate course in financial risk management at the NYU Stern School of Business (2009). Andrés has led the capital markets team at Cushman&Wakefield (2014-2022) in Mexico City and spent much of his career at Prudential Real Estate Investors, first in Mexico City in risk management and industrial portfolios, and later in Miami, in product strategy and development. Andrés is a Certified ESG Analyst.
Andrés García Fajer works for Prologis as capital deployment director and is a founding investor and member of the executive board of EPI NRG, an intelligent energy startup. A graduate in international relations (2005), Andrés has also completed post-graduate studies in corporate finance, both at ITAM. He has also taken a post-graduate course in financial risk management at the NYU Stern School of Business (2009). Andrés has led the capital markets team at Cushman&Wakefield (2014-2022) in Mexico City and spent much of his career at Prudential Real Estate Investors, first in Mexico City in risk management and industrial portfolios, and later in Miami, in product strategy and development. Andrés is a Certified ESG Analyst.
Martín Gil Von der Walde
Managing Partner
Bear Façade
City MDI: Ciudad de México
Subjects: Life cycle of real estate assets
Martín Gil von der Walde runs his own façade consultancy practice, Bear Façade. He holds an architecture degree and master's from Madrid’s Polytechnic University (UPM). Martín has worked as director of the technical department at Grupo Básica in Mexico, carrying out developments in Mexico, Colombia and the US encompassing over 150,000m2 of façades. Before, that, he worked with Araujo Arquitectos in Madrid and did research work for several projects through UPM.
Martín Gil von der Walde runs his own façade consultancy practice, Bear Façade. He holds an architecture degree and master's from Madrid’s Polytechnic University (UPM). Martín has worked as director of the technical department at Grupo Básica in Mexico, carrying out developments in Mexico, Colombia and the US encompassing over 150,000m2 of façades. Before, that, he worked with Araujo Arquitectos in Madrid and did research work for several projects through UPM.
Alfredo Giorgana de la Concha
Head of valuations
JLL México
City MDI: Ciudad de México
Subjects: Basic Techniques for Valuation;
Valuation of Real Estate Investment
Alfredo Giorgana de la Concha is country head of valuations at JLL (Jones Lang LaSalle) Mexico (2011-today), a company he had previously done work for through Ingeniería y Avalúos, which he used to preside and was associated with since 1994. A civil engineering graduate from Mexico’s UNAM and Minnesota University, Alfredo has also held management positions at Mexico’s institute of finance executives, IMEF, sitting on its national corporate finance committee, and worked as managing director of appraisals at Mexico’s national property appraisal committee (CABIN). Alfredo is accredited by the American Society of Appraisers, RICS and the Appraisal Institute.
Alfredo Giorgana de la Concha is country head of valuations at JLL (Jones Lang LaSalle) Mexico (2011-today), a company he had previously done work for through Ingeniería y Avalúos, which he used to preside and was associated with since 1994. A civil engineering graduate from Mexico’s UNAM and Minnesota University, Alfredo has also held management positions at Mexico’s institute of finance executives, IMEF, sitting on its national corporate finance committee, and worked as managing director of appraisals at Mexico’s national property appraisal committee (CABIN). Alfredo is accredited by the American Society of Appraisers, RICS and the Appraisal Institute.
Adriana Guillén Tarrago
Managing Partner
Xpertha
City MDI: Ciudad de México
Subjects: Commercialization
Adriana María Guillén Tarrago is a managing director at Xpertha Capital. A graduate in communication sciences from Mexico’s Valle University (UVM), Adriana has also completed the senior business management programme at IPADE Business School (specialising in sales and marketing), post-graduate courses in real estate from Iberoamericana University and the real estate finances refresher course at ITAM. Adriana has participated in the management of companies backed by Xpertha and previously worked as head of sales and marketing at Grupo Deptos and as a partner at Scultura Luminosa.
Adriana María Guillén Tarrago is a managing director at Xpertha Capital. A graduate in communication sciences from Mexico’s Valle University (UVM), Adriana has also completed the senior business management programme at IPADE Business School (specialising in sales and marketing), post-graduate courses in real estate from Iberoamericana University and the real estate finances refresher course at ITAM. Adriana has participated in the management of companies backed by Xpertha and previously worked as head of sales and marketing at Grupo Deptos and as a partner at Scultura Luminosa.
Darío Ibarguengoitia
General Director / Chairman
Ambiente Regenerativo Integral / Ibalca
City MDI: Ciudad de México
Subjects: Life cycle of real estate assets
Darío Ibargüengoitia González presides Ibalca and runs Ambiente Regenerativo Integral. A mechanical engineering graduate from Mexico’s UNAM (1992), Darío has also completed a post-graduate programme in environmental technology biodesign at Panamericana University (2017). He has extensive experience designing air conditioning, ventilation and refrigeration systems, in energy modelling for new buildings, as an energy auditor for existing buildings, in bioclimatic analysis, as a tendering/commissioning agent and as a sustainability advisor and has participated in the drafting of high-profile national and international regulations and policies. He teaches the MDI in ITAM and also lectures at UNAM. Darío has been a member of the management board of the World Green Building Council since 2019 and boasts LEED Fellow certification from GBCI Building Commissioning Professional certification from ASHRAE.
Darío Ibargüengoitia González presides Ibalca and runs Ambiente Regenerativo Integral. A mechanical engineering graduate from Mexico’s UNAM (1992), Darío has also completed a post-graduate programme in environmental technology biodesign at Panamericana University (2017). He has extensive experience designing air conditioning, ventilation and refrigeration systems, in energy modelling for new buildings, as an energy auditor for existing buildings, in bioclimatic analysis, as a tendering/commissioning agent and as a sustainability advisor and has participated in the drafting of high-profile national and international regulations and policies. He teaches the MDI in ITAM and also lectures at UNAM. Darío has been a member of the management board of the World Green Building Council since 2019 and boasts LEED Fellow certification from GBCI Building Commissioning Professional certification from ASHRAE.
Ricardo Ibarra García
Professor
ITAM
City MDI: Ciudad de México
Subjects: Management Consultancy
Ricardo Ibarra García is a professor at Mexico’s ITAM. An industrial engineering graduate from Mexico’s UNAM, Ricardo also holds an MBA from ITAM. He has worked as director of marketing, later as sales manager for Mexico and then for the Southern Cone region at Mattel.
Ricardo Ibarra García is a professor at Mexico’s ITAM. An industrial engineering graduate from Mexico’s UNAM, Ricardo also holds an MBA from ITAM. He has worked as director of marketing, later as sales manager for Mexico and then for the Southern Cone region at Mattel.
Javier Kutz Clever
Managing Director
Savills México
City MDI: Ciudad de México
Subjects: Real Estate Consultancy
Javier Kutz Clever is managing director of Savills Mexico, which he set up in 2007. A law graduate from Escuela Libre de Derecho, Javier has been involved in very significant transactions in Mexico, Columbia and Spain. Before taking up his current position, he worked as legal counsel on major real estate transactions.
Javier Kutz Clever is managing director of Savills Mexico, which he set up in 2007. A law graduate from Escuela Libre de Derecho, Javier has been involved in very significant transactions in Mexico, Columbia and Spain. Before taking up his current position, he worked as legal counsel on major real estate transactions.