The Coveted Group, led by visionary Founder and CEO Derrick Grahn, is renowned for its innovative real estate projects. The company is now developing Nine Palms Ranch, its newest venture on the East Cape of Los Cabos. Drawing inspiration from the nearby iconic surf break, Nine Palms is set to redefine deeded fractional real estate, a niche The Coveted Group dominates with its participation in the pioneering of developments like Flora Farms.
Valued in the hundreds of millions, The Coveted Group recently secured a significant endorsement and investment of $8.5 million from Aktiva Capital—a private investment fund based in Mexico City—and its partners. This investment kickstarts The Coveted Group’s vision of crafting an unparalleled residential experience at Nine Palms Ranch, aligning with the global demand for personalized, home-centric vacation home ownership, a market anticipated to reach $36 billion by 2031.
“This investment further validates our fractional business model and the appeal of Cabo’s East Cape,” says Derrick, detailing why The Coveted Group’s innovative approach to fractional real estate ownership has gained such traction. “Our experience mirrors popular research showing that people typically use second homes for only two to four weeks a year. Savvy buyers recognize the value in owning specific weeks of a luxury second home in perpetuity, rather than purchasing an entire property outright.”
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