The Team
Specialists in structuring, acquiring and managing distressed real estate debt with an institutional focus and verified physical traceability.
Operational excellence
since 2004.
Our team includes specialists in credit risk analysis, litigation lawyers specializing in mortgage enforcement, and asset managers with a pragmatic view of the Spanish real estate market.
We don't seek volume, we seek precision . Each debt position is analyzed individually under our 4-pillar validation framework, ensuring that the underlying collateral meets institutional liquidity and margin standards.
"We transform complex financial liabilities into liquid and profitable real estate assets through the acquisition of creditor positions at a discount, verified physical traceability, and a legal framework favorable to investors."
Validation Framework
- ✓ 1:1 data verification: nominal debt, approved appraisal <6 months, property registration
- ✓ VT/debt ratio ≥1.25x to guarantee solvency for execution
- ✓ Realistic timeframes: 14-24 month horizon with a 20% buffer for unforeseen events
- ✓ Conservative ROI: minimum threshold 12% annualized for residential
Multidisciplinary Structure
Each role is designed to cover a critical link in the NPL investment cycle
Credit Analysis
Scenario modeling, collateral validation, ROI calculation with a proprietary formula, and macro variable stress testing.
Procedural Management
Lawyers specializing in mortgage enforcement (LEC), monitoring of court orders, assignment of auction and eviction strategies.
Asset Management
Physical assessment, capex estimation, exit strategy (sale/rental) and coordination with commercial networks.
1:1 Traceability
Document validation, file auditing, monthly reporting and SLA compliance with investors.
CDH Methodology
Phase 1: Screening and Pre-Validation
Initial filter by location, LTV <55%, VT/debt ratio ≥1.25xy, absence of vulnerable occupancy. Systematic elimination of misaligned assets.
Phase 2: Deep Due Diligence
Obtaining an updated debt certificate, approved appraisal, simple registry note, physical occupancy report and exact procedural status.
Phase 3: Structuring and Commitment
Calculation of total investment with added costs (legal, servicing, renovation, taxes), validation of ROI ≥12% annualized and signing of assignment.
Phase 4: Execution and Exit
Procedural monitoring, adjudication management, registration, asset preparation and marketing with own network or partners.
Geographic Coverage
Core Markets
Madrid, Barcelona, Costa del Sol, Valencian Community and Balearic Islands. Areas with high liquidity, sustained residential demand and historical appreciation above the national average.
Market Intelligence
Continuous monitoring of official sources (INE, Idealista, Fotocasa) to validate VT, apply liquidity discounts of 10-15% and project realistic sales scenarios.
Preferred Access
Established relationships with servicers and investment funds for access to NPL lots with institutional discounts and agile exit conditions.
Implementation Network
Collaboration with local law firms, asset managers, and commercial agencies to accelerate each phase of the investment cycle.
Risk Policy
✕ Exclusion Criteria
- • Properties with vulnerable tenants (Law 19/2021) or problematic occupation without a clear eviction process
- • Debts with complex litigation (nullity of clauses, consumer claims)
- • Unquantified structural deterioration or rehabilitation costs >25% VT
- • Locations with a value decline of >5% annually in the last 24 months
✓ Mitigation Mechanisms
- • Liquidity buffer of 15-20% of total investment for unforeseen operating expenses
- • Title and professional liability insurance to cover registration defects
- • Servicing agreements with defined SLAs: monthly reporting, process management, collections tracking
- • Dual exit strategy: immediate sale with a liquidity discount vs. temporary rental for cash flow
Ready to evaluate opportunities?
Our team conducts a rigorous pre-selection process. If your investor profile aligns with our methodology, we will present you with 1:1 validated assets with physical traceability.
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