Brazilian homebuilders turn to #privateequity @uv10 @resilient_ent

The promise made by Brazilian president Dilma Rousseff of two million new homes by 2014, appears to have hit something of a brick wall. Increasingly, homebuilders in the country are being forced to turn to private-equity firms for finance because of banks' continual withdrawing of lending. This comes as cost overruns continue to add to rising debt burdens. RERAD MORE VIA @UV10 @rersilient_ent benny quetell resilient media entertainment private equity

RESILIENT MEDIA ENTERTAINMENT

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