Developing where global wealth moves.
Horsepower structures development positions where coastal supply is constrained and international demand is durable — with hospitality and luxury residential converging into a single institutional asset class.
THE THESIS
Waterfront is the through-line.
Capital follows people. As wealth migrates toward coastal and resort markets, demand concentrates on a scarce commodity: institutional-grade waterfront product in jurisdictions that cannot easily add supply.
We invest at the convergence of hospitality and residential — branded, resort-integrated development — where operating quality and location together define the outcome.
THE FEATURED MARKET — DOMINICAN REPUBLIC
The Caribbean's fastest-converging economy.
Our regional conviction centers on the Caribbean and Latin America, and on the Dominican Republic — the Punta Cana and Cap Cana corridor above all. This is where the firm is actively developing and building relationships.
The fundamentals are among the strongest in the region, and the supply of institutional-grade waterfront product has not kept pace with the demand arriving by air.
Growth
Dominican real GDP grew 5.0% in 2024, and the IMF describes the country as achieving the fastest rate of income convergence in Latin America and the Caribbean.
Tourism & airlift
The country drew a record 11.7 million visitors in 2025, with Punta Cana International Airport handling the majority of national arrivals and flight operations up double digits year over year.
Wealth migration
The United States is the largest source of arrivals, and international demand is extending from stays into ownership — branded, resort-integrated residences among the fastest-forming segments.
THE APPROACH
Structured positions, entered ahead of the curve.
Constrained Supply
We concentrate on coastal jurisdictions where high barriers protect delivered product from oversupply.
Sponsor Quality
We back development with proven sponsors and structure our position with defined downside protection.
Convergence
We favor branded, resort-integrated residential where hospitality operating quality underwrites residential value.
PARTNER WITH US
Bring us the coastline others cannot reach.
Horsepower works with sponsors, landowners, and capital partners across the Caribbean and Latin America.