This article is in a list format that may be better presented using prose. (December 2016)
|Sociedad Anónima Bursátil de Capital Variable|
|Traded as||BMV: HOMEX *|
|Industry||Construction & Real Estate|
Homex is a Mexican construction and real estate company engaged in the development, construction and sale of affordable entry-level, middle-income and tourism housing in Mexico and Brazil. Founded in Culiacán, the state capital of Sinaloa in 1989, the company started operations developing commercial areas gradually focusing on design, construction and commercialization of homes. The company is headquartered in Culiacán and its listed in the Mexican Stock Exchange.
Homex was formed in 1989 at Culiacán, Sinaloa. Its initial focus was commercial construction. In the early 1990s, the company expanded into other states, and began work in affordable housing construction. In 1999, ZN Mexico Funds acquired a minority stake.
In 2002, the company received a major investment of $32 million from Sam Zell, through his Equity International Investment Fund. In the mid 2000s, Homex grew rapidly, expanding production from 5,000 homes a year to over 50,000 homes per year. Homex went public in 2004, with shares dual-listed on the New York Stock Exchange and Mexican Bolsa; the offering raised $141 million. The company issued a private offering of US$250 million in Senior Guaranteed Notes in 2005, and a secondary public offering of approximately 46 million shares of its common stock in 2006.
After acquiring rival builder Casas Beta through a merger in 2005, Homex became the largest homebuilder in Mexico in terms of operating profit and net income. In the late 2000s, the company expanded into international, tourism-related, and government infrastructure development. Equity International divested in 2008.
2011 Transition into the vertical construction in Mexico.
2015 Concurso Mercantil Resolution.
The company is engaged in affordable entry-level, middle-income and tourism housing, public infrastructures, such as prison facilities.
Here is a list of Desarrolladora Homex's senior officers and directors (2013.9.20):
Homex consists of four divisions: Mexico Division, International Division, Government Division and Tourism Division. Currently (2011.12.31), the Company owns such subsidiaries as Casas Beta del Centro S de RL de CV, Hogares de Noroeste SA de CV, Homex Amueblate SA de CV, Homex Global SA de CV, Sofhomex SA de CV SFOMER, Homex Atizapan SA de CV and Altos Mandos de Negocios SA de CV, among others.
In the present time the company has a bankruptcy protection (concurso mercantil) process  by a record debt of 98 billions of Mexican pesos, be the largest liability recognized by a company that enters this legal figure.