Max El-Mann Arazi is one of the leading figures in the Mexican real estate sector because of his role with the Fibra Uno real estate trust. This was the first real estate trust in Mexico and has been steadily growing to become the most important in Mexico up the first quarter of 2020. The arrival of COVID-19 in the Americas halted the progress that has been made by Fibra Uno with its occupancy rate for rental properties of 95 percent.
— Max El-Mann Arazi (@MaxEl_MannArazi) June 29, 2020
When the pandemic began to make its way through Mexico and the financial lockdown began to take effect the nation, Max El-Mann Arazi knew it was time for himself and Fibra Uno to act. The closure of the Mexican economy came at a time when he felt there was little assistance being given to the frontline workers in the healthcare sector.
As an aid to the frontline workers of Mexico, Fibra Uno’s hotel properties were eventually opened up to those fighting COVID-19 on the frontlines of the medical sector. These workers were concerned about the safety of their families if they had become infected with the virus and felt this was the best way of bringing about a positive change to the sector.
As the pandemic has continued to cause problems for the global economy, the ability to celebrate small victories has become a key for Max El-Mann Arazi. Working with individual business owners to ensure they are moving towards protecting their businesses with rent deferment plans has become a success worth celebrating for Max El-Mann Arazi and Fibra Uno.
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