Lawrence, Massachusetts.- The Banreservas Real Estate Fair, held in New York and Lawrence, Massachusetts, surpassed expectations by securing over RD$3.1 billion in financing for around 480 property purchases in the Dominican Republic. The event attracted more than 5,450 visitors, mainly Dominicans living in the U.S., demonstrating strong interest in investing back home.
Banreservas CEO Samuel Pereyra emphasized the fair’s success as more than just a property sales event—it provided personalized financial advice, tailored investment options, and the reliability of top Dominican developers backed by Banreservas. Attendees benefited from attractive financing terms, including a fixed 10% interest rate for seven years and up to 90% property financing.
The second U.S. edition of the fair, held at The Radio Hotel in New York and Parthum School Complex in Lawrence, outperformed the 2024 edition and reinforced the strong investment ties between the Dominican diaspora and their homeland. Including the RD$1.35 billion in applications from the Madrid fair, total overseas financing facilitated by Banreservas now totals approximately RD$4.456 billion.