unusual movements in the trading of the shares representing the capital stock of javer *.
dec 09, 2024
READ MOREMr. Salomon Marcuschamer founded Javer's predecessor companies, with the objective of addressing residential housing needs in Monterrey, Nuevo Leon.
By reinvesting the profits gained in land banks over the years, Javer began to grow in size and scale.
Started the development of affordable entry-level and middle-income housing projects in the State of Nuevo Leon.
Ventured into the States of Jalisco, Aguascalientes, and Tamaulipas.
Servicios Corporativos Javer, S.A.B. de C.V. is established as a result of a corporate restructuring that involved the consolidation of the holding company’s subsidiaries into two groups depending on their sector, housing and industrial real estate.
Syndicated loan for US$160 million to improve the capital structure and fuel the Company’s growth.
The private equity funds Southern Cross Group, Glisco Partners and Arzentia Capital
completed the acquisition of 60.0% of the Company’s series A and B shares from
Proyectos del Noreste, S.A. de C.V. This transaction resulted in a change of control
in the Company, effective during the same year.
Issuance of US$180 million Senior Notes due in 2014 at a rate of 13% for the
settlement of the syndicated loan.
Reopening of 2014 Senior Notes for US$30 million, maintaining the same rate.
Modification of the conditions of the outstanding 2014 Senior Notes (US$210 million) with the payment of a 18% premium to bondholders. The maturity was changed to 2021 and coupon rate to 9.875% from 13%.
Reopening of 2021 Senior Notes for US$30 million.
Started operations in the State of Queretaro.
Javer extends its geographical footprint, reaching the State of Mexico.
Reopening of 2021 Senior Notes for US$50 million, maintaining the same rate of 9.875%.
As of June, Javer becomes the #1 provider of INFONAVIT loans on a monthly basis.
Started operations in the State of Quintana Roo.
The Company becomes the #1 provider of INFONAVIT loans nationwide in 2014.
Ranked as INFONAVIT’s #1 loans provider nationally for the second year in a row.
On January 12, Javer’s Initial Public Offering was carried out, placing a total of 94,801,550 shares among the investing public, equivalent to 34.0% of the outstanding shares, for MX$1,800 million. With these resources, the Company prepaid US$136 million of the outstanding 2021 Senior Notes.
Started operations in Mexico City with the development of the Company’s first residential project in the country’s capital.
Ranked as the #1 provider of INFONAVIT loans nationally for the third consecutive year.
Record-breaking numbers of units and active developments.
Holds the position as the #1 provider of INFONAVIT loans for the fourth year in a row.
Javer received its first Socially Responsible Company Certification.
Awarded the “Great Place to Work” Certification.
Holds the position as the #1 provider of INFONAVIT loans for the fifth consecutive year.
Obtained the Socially Responsible Company Certification for the second year.
Received the “Great Place to Work” Certification for the second year in a row.
Remained as the #1 provider of INFONAVIT loans for the seventh year.
Refinancing of 2021 Senior Notes with a syndicated loan, improving interest rate and practically eliminating foreign exchange exposure.
First housing project in Guanajuato.
Obtained the Socially Responsible Company Certification for the third year.
Received the “Great Place to Work” Certification for the third year in a row.
Javer is awarded the “Ethics and Values” recognition by the Mexican Confederation of Industrial Chambers (Concamin) for its social responsibility endeavors.
Obtained the Socially Responsible Company Certification for the fourth year.
Received the “Great Place to Work” Certification for the fourth year in a row.
Javer is awarded for the second time with the “Ethics and Values” recognition by the Mexican Confederation of Industrial Chambers (Concamin) for its social responsibility endeavors.
Syndicated Loan Restructure.
Obtained the Socially Responsible Company Certification for the fifth year.
Received the “Great Place to Work” Certification for the fifth year in a row.
First two projects to receive the EDGE sustainable housing certificate.
In November, a syndicated loan was obtained for $2,450 million pesos, with which the previous credit was liquidated, improving the maturity profile and the financial cost by 258 bps.
Record levels of profitability are achieved.
Obtained the Socially Responsible Company Certification for the seventh year.
The GPTW certification was obtained for the sixth consecutive year.
Javer is named EDGE Champion.
Celebration of the company's 50 years of history.
Corporate ratings upgraded to AA- by HR Ratings and Verum.
EDGE Certification of 14,949 homes as of September.
Framework agreement signed between shareholders holding 63.97% of Javer and Vinte, for the sale of 100% of the shares to Vinte.
The GPTW certification was obtained for the eighth consecutive year.