Petrichor Properties, S.L.
Capital partners for NPL & complex real estate opportunities
We work with a broad range of capital sources and structures—equity or debt—to invest in non-performing loans and complex real estate situations across Spain and Europe.
A partner-first approach
Petrichor Properties is an investment firm founded in January 2025, led by three principals with 40+ years’ combined experience across acquisitions, underwriting and asset management. We focus on opportunities where complexity can be underwritten and actively managed—always with clear alignment, disciplined governance, and transparent reporting.
How we work with capital
Structures designed for alignment and execution
We are flexible on structure while remaining rigorous on underwriting. We tailor solutions to the opportunity set and the needs of our capital partners—without compromising on governance or risk management.
01
Flexible capital solutions
We can consider equity, preferred equity, senior or mezzanine debt, and other bespoke structures depending on the asset, legal framework, and resolution path.
02
Institutional-grade underwriting
Each opportunity is assessed through three pillars: legal structure, asset position, and resolution strategy—with downside protection at the centre of the process.
03
Governance & transparency
Clear documentation, defined decision rights, and reporting that is timely and decision-useful—so partners can track progress from acquisition through resolution.
What partners can expect
Disciplined execution in complex situations
We pursue opportunities where active asset management and legal resolution can create value. Our process is built to move decisively while maintaining control and accountability.
Selectivity and speed
A focused pipeline, fast screening, and deep diligence—so we can act when pricing and structure are compelling.
Hands-on asset management
From borrower engagement to legal strategy and third-party oversight, we manage the workstreams that drive outcomes.