Silex accompanies its partners, mainly family offices and institutional investors through the entire investment cycle. We offer comprehensive services, including underwriting, business plan development, legal, urban, technical, servicing, commercialization, and disposition support for portfolios or individual assets.
Our expertise lies in navigating sophisticated and intricate scenarios, involving extra judicial negotiations with debtors, insolvency proceedings, credit assignments, property adjudications, and possession takings. What sets us apart is our deep understanding and nimble capability to swiftly resolve the legal and technical intricacies inherent in each transaction.
Silex managed the origination, underwriting, and acquisition of a non-performing loan (NPL) portfolio for a Tier 1 international fund in 2017. One of the NPLs in the portfolio had a collateral of a 95-unit building in Benidorm, Alicante. Following two years of management and negotiation by the Silex team, we successfully obtained the possession of the asset.
Subsequently, a Capex investment was executed, and the existing operator was replaced with a new one. As a result, we achieved a significant increase in ADRs and occupancy rates.
Client
Private Equity Firm
Asset Class
Residential
Strategy
Acquisition, Repossession, and Operation
Advised a relevant family office in the acquisition of a senior secured credit within the framework of insolvency proceedings. The collateral for said credit comprises a residential complex of 129 units in Puerto del Carmen, Lanzarote.
We orchestrated the firm’s representation in both the insolvency proceedings and the mortgage foreclosure. Through Silex’s proactive involvement in the diverse legal processes, the successful auctioning of the complex was achieved via a specialized entity, ultimately resulting in the complex’s acquisition by our client. Once the asset was acquired, the primary emphasis of Silex is on the operation and stabilization of the asset.
Client
Family Office
Asset Class
Residential
Strategy
Acquisition, Repossession and Operation
Founder and CEO
Legal & Real Estate Development
Commercial Strategy & Sales