After enjoying a successful career in the computer industry, Mike Cobb decided to pursue more pioneering opportunities in the emerging real estate markets of Central America. In 1996, Mike and his business partner formed a company, Exotic Caye International, to provide loans to North Americans purchasing real estate in Belize, Honduras, and throughout the region.
As the need for capital outstripped the supply, the mortgage company was converted to an international bank under the jurisdiction of Belize. It continues to provide mortgage services but has expanded its services to encompass a full realm of financial products.
Mike and his partner moved into real estate development, including, to start, a resort on Ambergris Caye, Belize. Then, in August 2000, Exotic Caye purchased 3.5 miles of Pacific beachfront property due west of Managua, Nicaragua. This master-planned community boasts world-class infrastructure, private homes, and condominium units.
In February 2006, the ECI Development group acquired 1,100 acres and 3 kilometers of coastline in Costa Rica, setting the stage for expansion into this popular market. Most recently they merged their Belize property with a much larger parcel and have begun to develop 200 units on Ambergris Caye.
Additionally, Mike Cobb has spoken at more than 100 international conferences about real estate financing and development. He has acted as a consultant to The Oxford Club and gives counsel to various real estate projects throughout Central America. He, his wife Carol, and their two daughters, Amanda and Emily, make their home in Managua, Nicaragua.