Prudential, Concord in Resort JV

Prudential Real Estate Investors is teaming up with Mexican real estate developer Grupo Concord to build Mexico’s Costa Brava Resort and Marina Project with an investment of $800m, Prudential says. The facilities will include 1,800 condominium units as well as a golf course, marina, hotel and shops. The resort is located on the Gulf of California coast near La Paz.