On June 22, 2016, Davos Real Estate Group announced the “Davos CAP Calculator.” Clients use this new mobile application to estimate returns on real estate investments that they are considering.
The Calculator is available for Android and iPhone devices and is the first in a series of apps that will use mobile devices to identify properties and send historical real estate reports to Davos agents via chat. The new apps also will include a mortgage calculator that estimates mortgages based on bank projections, interest rates, and funding periods.
Davos Real Estate Group, an independent company within Davos Financial Group, and a leader in the Latin American market formulates investment strategies for its clients.
David Osio, Davos Financial Group’s founder and executive director, says, “The direction of Davos REG, in line with what has been our business objective, has seen the need to develop a mobile application that allows us to assist in financially guiding our clients when investing in real estate in the United States.”
Osio has had a long and fruitful career in banking and finance.
He holds a Law Degree from Universidad Católica Andrés Bello in Venezuela, where he also studied Banking and Finance. He also has a degree in higher education at the IESA (Instituto de Estudios Superiores de Administración). And he studied Portfolio Management and Banking at the New York Institute of Finance.
Before founding Davos Financial Group in 1993, Osio held many executive positions.
He managed coffee exports as president and CEO of OPED Enterprise, structured marketing programs for LETCO COMMERCIAL COMPANIES, advised corporate clients as Director of the law firm MGO in Caracas, and held managerial positions in Banco Latino Internacional (BLI)’s Private Banking Division in Miami. Under his leadership, the Bank’s international standing strengthened, and the volume of client portfolios increased.
Osio established Davos Financial group in 1993. The group is a conglomerate of companies providing financial advice to select customers and supporting non-profits and charities.
Under Osio’s leadership, Davos’ profitability has increased, allowing expansion around the world, including offices in Miami, Panama, Geneva, and New York. Recently, Davos REG has expanded, developing real estate partnerships internationally, adding 60% more agents and, in the first half of 2016, increasing sales by 75%.
Many non-profits and charities have benefited from Osio’s and Davos’ success, among them Children’s Orthopedic Foundation, Miami Symphony Orchestra, Fundana Foundation, and UMA Foundation.