Family Office
Arturo Miranda Castillo, is the Managing Director of Panama Real Estate & Investment Consultants, Corp., a family office and private advisory firm in Panama City, Republic of Panama. He completed the program on Business Strategy at MIT Sloan School of Management and Strategy & Innovation at the Kellogg School of Management. He is a fervent believer in the power of holistic integration for financial planning and private wealth management of real estate and corporate assets. Currently he manages and advises a complex portfolio of combined real estate, corporate and banking assets. His aim is to provide the same comprehensive and holistic advice to his clients in order for them to achieve the same goals: capital preservation and long term growth and that can only be achieved by working openly with professionals who are at the same time accredited investors and certified advisors.
Summarized Highlights:
- His first job (with monthly salary of what is now the minimum wage in Panama) was in a subsidiary and/or company of the group of Fidanque Hermanos e Hijos S.A., the company had more than 3,000 employees at the time, providing customer support to Fortune 500 listed clients in the United States.
- In 2007 he organically acquired an institutional client, with foreign shareholders, who had an average of $46,540,592 in global assets (achieving the high-water mark of $100M in global assets at March 2014) from 2007 to 2014 and an average annual income of $1,414,131 for the same period product of such assets. The principal correspondent was Deutsche Bank London and NYC.
- His complete and total dedication, commitment and devotion during this course of time gave him a myriad of successes and achievements, the main merit of having achieved accredited investor status.
- Achieved a milestone in early 2014 having closed directly, with his team at the time, a transaction worth $20M for a corporate client using Citibank NYC as a correspondent for the transaction, which at a minimum took a year to achieve to finally close the deal in one single day.
- In early 2015, he decided to devote himself again to the advisory and private wealth management of real estate, corporate and banking assets and redefining the concept as a corporate family office, with special focus on real estate assets.
- Starting 2016 he decides to actively and selflessly participate in various working committees of chambers and associations contributing wherever possible in order to reattribute back with knowledge and information to a market that saw him start in 2006 before the launching of several mega projects in Panama City, Republic of Panama.
- He served as strategic financial reorganizer of a securities brokerage firm and interim general manager from July 25th, 2013 up until February 19, 2015 when he retired from the company and returned its management to the founder, president, majority shareholder and legal representative.
Project Advisory
Arturo Miranda Castillo, is the Managing Director of Panama Real Estate & Investment Consultants, Corp., a family office and private advisory firm in Panama City, Republic of Panama. He completed the Diploma in Project Management of PMI® at the University of Louisville and Agile Project Management at the University of California-Berkeley, Haas School of Business, Center for Executive Development. He has more than a decade of executive experience in consulting and management of complex corporate and/ or real estate projects, from conception and structuring as well as implementation and management, with extensive experience in integration, financing, costs, risks, acquisitions and spin-offs. He has experience in reorganizations, restructurings, refinancing’s and divestitures.
Corporate projects: financing and/or refinancing of capital structure and/or assets, asset spin-offs and corporate reorganizations, divestitures of non-strategic assets and private placements.
Real Estate Projects: structuring and financing of irrevocable promissory letters of credit from local banks to finance residential and social housing inscribed in the Solidarity Housing Fund of the Directorate of Promotion of Private Investments of the MIVI. Procurement of lines of credit from corporate banking to finance infrastructure construction.
Services to the Owner
Negotiation: Negotiation with buyers or tenants of properties to achieve the best price, terms and conditions for the buyer, as long as it has technical sense for all the parties involved and under current market conditions. He is an expert negotiator in adverse or difficult situations that often arise given the complexity of certain transactions that really need the expertise of a qualified professional to handle such cases.
Contracts: Are rendered free of charge for the owner, includes reservation contracts, promissory purchase contracts, the final bill of sale, administrative procedures, and of the public registry, plus messaging services so you do not have to even move from your office after the entire operation is structured and closed. (Does not include the direct costs of notaries or public institutions.)
Integral service: Proven experience along with a successful track record truly matters. We are technically qualified to carry the entire transaction process since client acquisition, negotiation, drafting of all relevant contracts, eliminating the red tape in public entities and banks, until the registration in the public registry is done, the transfer of ownership as well as delivery of it, assuring an expeditious, efficient and transparent process for all parties involved.
Financial Advisory
Arturo Miranda Castillo, is the Managing Director of Panama Real Estate & Investment Consultants, Corp., a family office and private advisory firm in Panama City, Republic of Panama. He completed the New Techniques in Financial Valuation and Investment Strategies programs at INCAE Business School as well as the Strategic Financial Analysis y Strategic Cash Flow Management programs at the University of Notre Dame, Mendoza College of Business, Executive Education. He has more than a decade of experience in the financial and investment sector as financial advisor to hundreds of private clients, with the utter most dedication and devotion in providing the best possible care to his ample customer base of US, European, Canadian and LATAM clients.
Financial Advisory: we provide financial valuations of business and investment projects of real estate developers and other types of businesses and projects who are in need of private financing or strategic partners and that in turn require the adequate financial structure for obtaining private capital.
Private Mortgages: this service is provided when you have a property that is already paid in full and you do not want to sell it albeit you require a non-bank loan using the property as collateral. This service is rendered on residential, commercial or land properties, and we may obtain financing up to 50% of the quick sales price based on a reliable appraisal from an independent third party appraisal company.
Business Valuation / Brokerage: we perform financial valuation of companies in various sectors and conduct private offerings seeking investment partners or handling the outright sale of the business.
Credit: we have direct relationships with banks in Panama and abroad as well as other financial groups, which facilitate the acquisition of credit for real estate transactions, whether for residential or commercial mortgages, up to corporate credit and larger scale projects.
Value Opinions: value opinions on urban, sub-urban and rural land; residential, commercial and industrial real estate; agricultural and agro-forestry farms; businesses in operations based on their assets and profitability.
Consultancy: to be able to make investment decisions based on market comparative information with an expert and independent opinion, we offer the services of market studies, feasibility of projects and technical reports.
Services to the Buyer
Arturo Miranda Castillo, is the Managing Director of Panama Real Estate & Investment Consultants, Corp., a family office and private advisory firm in Panama City, Republic of Panama. He completed the Program on Negotiation (PON) at Harvard University and Advanced Negotiation at the University of California-Berkeley, Haas School of Business, Center for Executive Education. He has over a decade of experience having negotiated hundreds of contracts in between clients of USA, Europe, Canada and LATAM. He has traveled to dozens of countries participating in seminars, courses, conferences and forums which gives him a comprehensive and holistic perspective when attending a diverse and wide range of corporate, family and individual clients.
Negotiation: Negotiation with property owners to achieve the best price, terms and conditions for the buyer, as long as it has technical sense for all the parties involved and under current market conditions. He is an expert negotiator in adverse or difficult situations that often arise given the complexity of certain transactions that really need the expertise of a qualified professional to handle such cases.
Contracts: Are rendered free of charge for the buyer or lessee, includes reservation contracts, promissory purchase contracts, the final bill of sale, administrative procedures, public records, plus messaging services so you do not have to even move from your office after having decided the property you would like to buy or rent. (Does not include the direct costs of notaries or public institutions.)
Integral service: Proven experience along with a successful track record truly matters. We are technically qualified to carry the entire transaction process from the selection of the property, negotiation, drafting of all relevant contracts, eliminating the red tape in public entities and banks, until the registration in the public registry is done, the transfer of ownership as well as delivery of it, assuring an expeditious, efficient and transparent process for all parties involved.
