Artificial Intelligence
Builders Company
Developers/GRUPO PROVIVIENDA
GP
GRUPO PROVIVIENDAPanama City, Panama · founded 20/01/94 · 1 active markets
PRIVATE
gprovivienda.com

Grupo Provivienda develops and sells homes in Panama, serving families across Panama City, eastern and western districts, beaches, and Penonomé. Its work includes residential communities, construction, and photovoltaic-equipped affordable housing projects for local buyers.

LinkedIn headcount
268
employees, as shown on LinkedIn · size band 201–500
Units delivered
more than 20,000 homes
as the company states it
Projects last researched October 10, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
GRUPO PROVIVIENDA,S.A.1
Headquarters
Av. Balboa1, Panama City1, Panama
Founded
20/01/941
Entity type
PRIVATE1
Business model
offplan for sale1, contracting1
Markets
1 market listed
What they build
Residential, for sale (2 of 2) · Retail (1 of 2)
Full dossier in About →

Delivery record

1 date-assessed of 2 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
2
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 1 scored project
Average delay
+12.0 mo
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
+12.0 mo
Van Gogh · +1.0 to +23.0
0
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

1 of 2 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.0/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (1 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
8.5/ 10
Fabric, services, waterproofing, envelope · from 1 of 1 rated building
Management & living
9.0/ 10
Upkeep, response times, amenities, community · from 1 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Panama yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • REGULATORY Complaint entered February 2023; closed March 2023 In a 2023 ACODECO conciliation record, a consumer complaint against Grupo Provivienda, S.A. alleged lack of information in connection with a home purchase; the matter closed with an agreement at a hearing and a B/.1,059.80 refund against a B/.2,649.50 claim, so the record documents a resolved consumer complaint rather than a finding of fraud or other wrongdoing.
  • LICENCE PROBLEM Resolution dated 18 October 2006; published 11 June 2007 The Junta Técnica de Ingeniería y Arquitectura confirmed the suspension of construction of the La Riviera de Don Bosco project promoted and developed by Grupo Provivienda, citing construction-regulation and registration issues, including use of an unregistered construction company and an unapproved alternative foundation detail; the source is an older matter retained because it materially concerns the developer’s project.
  • DELIVERY DELAY Resolución JTIA-739-06 de 18 de octubre de 2006; publicada el 11 de junio de 2007. La Riviera de Don Bosco — la Junta Técnica de Ingeniería y Arquitectura confirmó la suspensión de la construcción por infracciones técnicas y administrativas; Grupo Provivienda, S.A. fue identificado como promotor y desarrollador, mientras que el expediente no documenta una posterior reanudación o resolución, por lo que su estado actual sigue siendo incierto y no debe tratarse como una falta confirmada dentro de la ventana 2016–2026.
Record status
active
Company sources
89 source entries across 88 fields
Projects tracked
3 · 2 completed in assessment
All flags and sources →

Track Record

Delivery record

1 date-assessed of 2 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
2
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 1 scored project
Average delay
+12.0 mo
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
+12.0 mo
Van Gogh · +1.0 to +23.0
0
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.

Construction start to handover

2 of 2 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Ciudad de Panamá
2021202220232024202520262027todayCIUDAD DE PANAMÁ+12 moverifieddates under review
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 2 dated statements are held back: a broker listing with no date on it, or a page with no year, cannot fix a date.

Building & Livability Ratings

Resident experience

1 of 2 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.0/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (1 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
8.5/ 10
Fabric, services, waterproofing, envelope · from 1 of 1 rated building
Management & living
9.0/ 10
Upkeep, response times, amenities, community · from 1 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Panama yet to compare against.

By building

1 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Van GoghEl Cangrejo, Ciudad de Panamá
9.0/ 10
8.5/ 10
9.0/ 10

The Google Reviews/Maps aggregate of 4.5/5 from 13 reviews sets the level, converting to 8.5/10 under the requested curve. The comparable Wanderlog aggregate is also 4.5/5, while the written evidence adds repeated praise for amenities, location and finishes but no qualifying recurring negative theme.

exa.aiwanderlog.comgogetit.com.pagprovivienda.comlakile.ai
+ Good finishes+ Modern construction+ Well-kept common areas+ Complete social facilities
− Thin walls− Neighbour noise− Traffic noise− Purchase-process complaint
Not found in sources: No reported systems failure · Limited infrastructure detail
+ Pool+ Modern gym+ Coworking space+ Clean common areas+ Central location
− Neighbour noise− Traffic noise− Purchase-system complaint
Not found in sources: Limited management feedback · No repeated staff complaint

Written feedback repeatedly praises the finishes—“muy buenos terminados”—and describes the building as “todo muy cuidado.” The only direct construction criticism says “the construction quality isn’t the best” because walls are thin enough to hear neighbours; traffic noise is also reported for road-facing units. No published review located in this research reported plumbing, HVAC, electrical, waterproofing, flooding or lift failure.

exa.aiwanderlog.com

Daily-life feedback is strongly positive about the pool, gym, coworking and lounge areas; one resident-style review says it is “perfect ... for home office users,” with “Great amenities” and that it is “Always clean.” The main operational drawback is noise—thin walls and constant traffic noise for some units—while the separate negative post says only “Horrible el sistema de compra,” not a recurring management complaint.

exa.aiwanderlog.com
Only buildings that have reached handover are rated. 1 of 2 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
GRUPO PROVIVIENDA,S.A.
Headquarters
Av. Balboa, Panama City, Panama
Bella Vista
Founded
20/01/94
Panama City, Panama
Entity type
PRIVATE
Revenue
USD 36.65 million annual revenue
Business model
offplan for sale, contracting

Partners

1 partner
Celsia
joint venture

Celsia and Grupo Provivienda made a joint investment to implement photovoltaic systems for the La Hacienda residential project in Vacamonte.

Sources: name

CONTRACTOR2018-12-18

Celsia y Provivienda entregan las primeras casas en Panamá con energía solar en el proyecto La Hacienda

Celsia
Celsia y Grupo Provivienda realizaron la inversión conjunta, para la implementación de este sistema solar fotovoltaico, garantizando así la autogeneración de energía limpia y la reducción de los costos energéticos de cada familia.
value seen: Celsia
value paraphrased from this source
https://www.celsia.com/es/noticias/celsia-y-provivienda-entregan-las-primeras-casas-en-panama-con-energia-solar-en-el-proyecto-la-hacienda/

Sources: partner type

CONTRACTOR2018-12-18

Celsia y Provivienda entregan las primeras casas en Panamá con energía solar en el proyecto La Hacienda

Celsia
Celsia y Grupo Provivienda realizaron la inversión conjunta, para la implementación de este sistema solar fotovoltaico, garantizando así la autogeneración de energía limpia y la reducción de los costos energéticos de cada familia.
value seen: Celsia y Grupo Provivienda realizaron la inversión conjunta
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.celsia.com/es/noticias/celsia-y-provivienda-entregan-las-primeras-casas-en-panama-con-energia-solar-en-el-proyecto-la-hacienda/

Sources: summary

CONTRACTOR2018-12-18

Celsia y Provivienda entregan las primeras casas en Panamá con energía solar en el proyecto La Hacienda

Celsia
Celsia y Grupo Provivienda realizaron la inversión conjunta, para la implementación de este sistema solar fotovoltaico, garantizando así la autogeneración de energía limpia y la reducción de los costos energéticos de cada familia.
value seen: implementación de este sistema solar fotovoltaico
value paraphrased from this source
https://www.celsia.com/es/noticias/celsia-y-provivienda-entregan-las-primeras-casas-en-panama-con-energia-solar-en-el-proyecto-la-hacienda/

Registrations & licences

TAX ID39293 71-274983 DV 97
Panama Ministry of Commerce and Industries — Panama Emprende · PA · active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Panamaactive 0 projects tracked
2 of 2 projects carry no country in the record — most of those name only a city — so they are not counted against a market here.

What they build

2 types
Residential, for sale2 of 2
Retail1 of 2
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
FS
Federico Salazar Mejía
Federico Salazar Mejía is identified as President of Grupo Provivienda’s board. The 2026 profile describes him as a civil engineer and Wharton MBA who worked as an Andean-region vice president at Bank of America before joining the family housing developer Cusezar and transforming it into a multinational group that includes Provivienda.
Current title
President, Board of Directors — Grupo Provivienda
Experience
no career length stated
Companies before
Bank of AmericaCusezar
Education
Universidad de los Andes, BogotáCivil Engineering
Wharton School, University of PennsylvaniaMBA
Other boards
none sourced
Known for
Board presidentCivil engineerWharton MBAex-Bank of AmericaCusezar family business
The boards’ seats should be defined by the strategic plan, not by the family ownership stake. Nexo 2026https://nexo.la/provivienda-empresa-familiar-junta/
We have to add a new variable called: what is in it for Panama? Nexo 2026https://nexo.la/provivienda-empresa-familiar-junta/

Sources: education

PRESSdate not shown in source

Penta Summit 2026 - Penta Summit

Penta Summit
Ingeniero Civil de la Universidad de los Andes en Bogota Colombia
value seen: Universidad de los Andes en Bogota Colombia
https://pentasummit.com/

Sources: education

PRESSdate not shown in source

Penta Summit 2026 - Penta Summit

Penta Summit
MBA del Wharton School de la Universidad de Pennsylvania.
value seen: MBA del Wharton School de la Universidad de Pennsylvania
https://pentasummit.com/

Sources: previous companies

PRESSdate not shown in source

Penta Summit 2026 - Penta Summit

Penta Summit
Trabaje en Bank of America siendo VP Regional para los países del Area Andina a los 26 años.
value seen: Bank of America
https://pentasummit.com/

Sources: quote

PRESS2026-08-14

El modelo de junta 80% externa de Provivienda

Nexo
“Las juntas directivas en representación de la participación accionaria son, en mi opinión, un grave error.”
value seen: Las juntas directivas en representación de la participación accionaria son, en mi opinión, un grave error.
https://nexo.la/provivienda-empresa-familiar-junta/

Sources: quote

PRESS2026-08-14

El modelo de junta 80% externa de Provivienda

Nexo
“Tenemos que meter una nueva variable que se llama: ¿qué hay para Panamá?”
value seen: Tenemos que meter una nueva variable que se llama: ¿qué hay para Panamá?
https://nexo.la/provivienda-empresa-familiar-junta/

Sources: summary

PRESSdate not shown in source

Penta Summit 2026 - Penta Summit

Penta Summit
A los 27 años me incorporo a una pequeña compañía de mi familia desarrolladora de vivienda en Colombia: Cusezar. Transforme esta compañía en una multilatina de la cual Provivienda es parte, habiendo tenido operaciones en 5 países.
value seen: Transforme esta compañía en una multilatina de la cual Provivienda es parte
https://pentasummit.com/

Sources: tags

PRESSdate not shown in source

Penta Summit 2026 - Penta Summit

Penta Summit
Ingeniero Civil de la Universidad de los Andes en Bogota Colombia y MBA del Wharton School de la Universidad de Pennsylvania.
value seen: Ingeniero Civil de la Universidad de los Andes en Bogota Colombia y MBA del Wharton School de la Universidad de Pennsylvania
https://pentasummit.com/

Sources: title

PRESSdate not shown in source

Penta Summit 2026 - Penta Summit

Penta Summit
### Presidente Junta Directiva - Grupo Provivienda
value seen: Presidente Junta Directiva - Grupo Provivienda
https://pentasummit.com/
FS
Federico Salazar Icaza
Federico Salazar Icaza is listed in the corporate-director record as both President and Director of Grupo Provivienda, S.A., and separately as its legal representative. The retrieved record documents governance status but does not provide a current operating biography, education, or track record.
Current title
President and Director — Grupo Provivienda, S.A.
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
PresidentDirectorLegal representative

Sources: summary

DIRECTORYdate not shown in source

GRUPO PROVIVIENDA, S.A. - Información y directivos - Panama Empresas

Panama Empresas
Representante legal FEDERICO SALAZAR ICAZA
value seen: Representante legal
https://panamaempresas.com/empresas/grupo-provivienda-sa-id-39918A9FA403E66D

Sources: title

DIRECTORYdate not shown in source

GRUPO PROVIVIENDA, S.A. - Información y directivos - Panama Empresas

Panama Empresas
Nombre FEDERICO SALAZAR ICAZA Presidente92 Cargo:Presidente
value seen: Presidente
https://panamaempresas.com/empresas/grupo-provivienda-sa-id-39918A9FA403E66D
RA
Raúl Antonio Hernández Sosa
Raúl Antonio Hernández Sosa is the current General Manager of Grupo Provivienda; his profile records earlier Grupo Provivienda roles as Vice President of Business Development and Chief Financial Officer. Before joining the developer, he worked in financial advisory and corporate finance at Banistmo and holds finance-focused business degrees from Notre Dame and Texas McCombs.
Current title
General Manager — Grupo Provivienda
since Aug 2022 - Present
Experience
no career length stated
Companies before
Banistmo
Education
Texas McCombs School of BusinessMBA, Finance / Entrepreneurship
University of Notre DameBBA, Finance & Computer Applications
Other boards
none sourced
Known for
General Managerex-CFOBusiness developmentFinanceMBA
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b

Sources: education

SOCIALdate not shown in source

Raul A. Hernandez Sosa

LinkedIn
### Master of Business Administration (MBA), Finance / Entrepreneurship at Texas McCombs School of Business 2004 - 2006 (2 years) in Austin, Texas, United States
value seen: Master of Business Administration (MBA), Finance / Entrepreneurship at Texas McCombs School of Business
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b

Sources: education

SOCIALdate not shown in source

Raul A. Hernandez Sosa

LinkedIn
### Bachelor of Business Administration (B.B.A.), Finance & Computer Applications at University of Notre Dame 1997 - 2001 (4 years) in Notre Dame, Indiana, United States
value seen: Bachelor of Business Administration (B.B.A.), Finance & Computer Applications at University of Notre Dame
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b

Sources: linkedin page

SOCIALdate not shown in source

Raul A. Hernandez Sosa

LinkedIn
# Raul A. Hernandez Sosa General Manager, Grupo Provivienda
value seen: https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b

Sources: previous companies

SOCIALdate not shown in source

Raul A. Hernandez Sosa

LinkedIn
### Financial Advisor & Corporate Finance - Banistmo May 2001 - Aug 2004 (3 years and 3 months) in Panama City, Provincia de Panamá, Panama
value seen: Banistmo
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b

Sources: since

SOCIALdate not shown in source

Raul A. Hernandez Sosa

LinkedIn
### General Manager - Grupo Provivienda (Current) Aug 2022 - Present (4 years and 1 month) in Panama City, Provincia de Panamá, Panama
value seen: Aug 2022 - Present
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b

Sources: summary

SOCIALdate not shown in source

Raul A. Hernandez Sosa

LinkedIn
### Vice President, Business Development - Grupo Provivienda Jan 2012 - Aug 2022 (10 years and 7 months) in Panama City, Provincia de Panamá, Panama ### Chief Financial Officer - Grupo Provivienda Jul 2006 - Jan 2012 (5 years and 6 months) in Panama City, Provincia de Panamá, Panama ### Financial Advisor & Corporate Finance - Banistmo May 2001 - Aug 2004 (3 years and 3 months) in Panama City, Provincia de Panamá, Panama
value seen: Vice President, Business Development; Chief Financial Officer; Banistmo
held out of the figures · the quote does not carry this value
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b

Sources: title

SOCIALdate not shown in source

Raul A. Hernandez Sosa

LinkedIn
### General Manager - Grupo Provivienda (Current) Aug 2022 - Present (4 years and 1 month) in Panama City, Provincia de Panamá, Panama
value seen: General Manager - Grupo Provivienda
https://linkedin.com/in/raul-a-hernandez-sosa-43bbb94b
JC
Julianne Canavaggio
Julianne Canavaggio is an independent director for Grupo Provivienda and its Mexican affiliate Davivir, with a remit described as supporting sustainable housing, community growth, long-term planning, and regional strategy. Her background includes Managing Director and Latin America CEO roles at Lazard, and current independent-board work at Copa Holdings and Bladex.
Current title
Independent Board Director — Grupo Provivienda & Davivir
since Dec 2021 - Present
Experience
no career length stated
Companies before
Lazard
Education
not published
Other boards
Managing Director, CuestamorasIndependent Board Director, Copa Holdings (NYSE: CPA)Independent Board Director, Bladex (NYSE: BLX)Board Director, Telecable & TelcaIndependent Board Director, Mercantil Servicios Financieros Internacional
Known for
Independent directorFormer Lazard Latin America CEOInvestment bankingCopa Holdings boardBladex board
https://linkedin.com/in/juliannecanavaggio

Sources: linkedin page

SOCIALdate not shown in source

Julianne Canavaggio

LinkedIn
# Julianne Canavaggio Managing Director, Cuestamoras | Board Director (NYSE: CPA & NYSE: BLX) | Audit Committee Chair | Former CEO, Lazard Latin America
value seen: https://linkedin.com/in/juliannecanavaggio
https://linkedin.com/in/juliannecanavaggio

Sources: other boards

SOCIALdate not shown in source

Julianne Canavaggio

LinkedIn
### Copa Holdings (NYSE CPA) Independent Board Director - Copa Airlines (Current) ### Bladex (NYSE BLX) Independent Board Director - Bladex (Current) ### Telecable & Telca Board Director (Current) ### Mercantil Servicios Financieros Internacional Independent Board Director (Current)
value seen: Copa Holdings (NYSE CPA); Bladex (NYSE BLX); Telecable & Telca; Mercantil Servicios Financieros Internacional
held out of the figures · the quote does not carry this value
https://linkedin.com/in/juliannecanavaggio

Sources: previous companies

SOCIALdate not shown in source

Julianne Canavaggio

LinkedIn
### Lazard #### Managing Director, CEO Latin America Jul 2022 - Aug 2023 (1 year and 1 month)
value seen: Lazard
https://linkedin.com/in/juliannecanavaggio

Sources: since

SOCIALdate not shown in source

Julianne Canavaggio

LinkedIn
### Grupo Provivienda & Davivir Independent Board Director - Grupo Provivienda (Current) Dec 2021 - Present (4 years and 6 months) in Panama, Mexico
value seen: Dec 2021 - Present
https://linkedin.com/in/juliannecanavaggio

Sources: summary

SOCIALdate not shown in source

Julianne Canavaggio

LinkedIn
Independent director for Grupo Provivienda (Panama) and its affiliated entity Davivir (Mexico), leading residential development companies focused on sustainable housing and community growth.
value seen: Independent director for Grupo Provivienda (Panama) and its affiliated entity Davivir (Mexico)
https://linkedin.com/in/juliannecanavaggio

Sources: tags

SOCIALdate not shown in source

Julianne Canavaggio

LinkedIn
Managing Director, Cuestamoras | Board Director (NYSE: CPA & NYSE: BLX) | Audit Committee Chair | Former CEO, Lazard Latin America
value seen: Former CEO, Lazard Latin America
https://linkedin.com/in/juliannecanavaggio

Sources: title

SOCIALdate not shown in source

Julianne Canavaggio

LinkedIn
### Grupo Provivienda & Davivir Independent Board Director - Grupo Provivienda (Current) Dec 2021 - Present (4 years and 6 months) in Panama, Mexico
value seen: Grupo Provivienda & Davivir Independent Board Director
https://linkedin.com/in/juliannecanavaggio
CF
Carlos Federico Posso
Carlos Federico Posso is listed in the corporate-director record as both Director and Treasurer of Grupo Provivienda, S.A. The retrieved corporate source confirms those governance roles but does not provide enough verified information for a fuller professional profile.
Current title
Director and Treasurer — Grupo Provivienda, S.A.
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
DirectorTreasurer

Sources: summary

DIRECTORYdate not shown in source

GRUPO PROVIVIENDA, S.A. - Información y directivos - Panama Empresas

Panama Empresas
Nombre CARLOS FEDERICO POSSO Tesorero11 Cargo:Tesorero Nombre CARLOS FEDERICO POSSO Director11 Cargo:Director
value seen: Director and Treasurer
held out of the figures · the quote does not carry this value
https://panamaempresas.com/empresas/grupo-provivienda-sa-id-39918A9FA403E66D

Sources: title

DIRECTORYdate not shown in source

GRUPO PROVIVIENDA, S.A. - Información y directivos - Panama Empresas

Panama Empresas
Nombre CARLOS FEDERICO POSSO Tesorero11 Cargo:Tesorero Nombre CARLOS FEDERICO POSSO Director11 Cargo:Director
value seen: Director and Treasurer
held out of the figures · the quote does not carry this value
https://panamaempresas.com/empresas/grupo-provivienda-sa-id-39918A9FA403E66D
SM
Souhail Musbah Halwany Cigarruista
Souhail Musbah Halwany Cigarruista is the company’s current Legal Director and is described as supervising Grupo Provivienda’s legal operations in construction. His retrieved professional profile lists a Licenciado en Derecho y Ciencias Políticas from ULACEX; no verified previous company or board seat was found.
Current title
Legal Director — Grupo Provivienda, S.A.
since Jan 2011 - Present
Experience
no career length stated
Companies before
none sourced
Education
ULACEXLicenciado en Derecho y Ciencias Políticas
Other boards
none sourced
Known for
Legal DirectorConstruction lawULACEX law degree
https://linkedin.com/in/souhail-musbah-halwany-cigarruista-19646b67

Sources: education

SOCIALdate not shown in source

souhail musbah halwany cigarruista

LinkedIn
### Licenciado en Derecho y Ciencias Politicas at ULACEX
value seen: Licenciado en Derecho y Ciencias Politicas at ULACEX
https://linkedin.com/in/souhail-musbah-halwany-cigarruista-19646b67

Sources: linkedin page

SOCIALdate not shown in source

souhail musbah halwany cigarruista

LinkedIn
# Souhail Musbah Halwany Cigarruista Director Legal en Grupo Provivienda, S.A.
value seen: https://linkedin.com/in/souhail-musbah-halwany-cigarruista-19646b67
https://linkedin.com/in/souhail-musbah-halwany-cigarruista-19646b67

Sources: since

SOCIALdate not shown in source

souhail musbah halwany cigarruista

LinkedIn
### Director Legal - Grupo Provivienda, S.A. (Current) Jan 2011 - Present (15 years) in Panama
value seen: Jan 2011 - Present
https://linkedin.com/in/souhail-musbah-halwany-cigarruista-19646b67

Sources: summary

SOCIALdate not shown in source

souhail musbah halwany cigarruista

LinkedIn
Encargado de supervisar todas las operaciones legales de la empresa, dentro del ramo de la construccion.
value seen: supervisar todas las operaciones legales de la empresa
https://linkedin.com/in/souhail-musbah-halwany-cigarruista-19646b67

Sources: title

SOCIALdate not shown in source

souhail musbah halwany cigarruista

LinkedIn
Director Legal en Grupo Provivienda, S.A.
value seen: Director Legal en Grupo Provivienda, S.A.
https://linkedin.com/in/souhail-musbah-halwany-cigarruista-19646b67

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

2 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Van GoghCiudad de Panamá
El Cangrejo		residential for sale, retail—29—————Jan 2021 – Dec 2021Jan 2022 – Dec 2022+12.0 mo
(+1.0 to +23.0)		sourcedcompleted
Riviera del GolfCiudad de Panamá
Coco del Mar		residential for sale———————Jan 2022 – Dec 2022Jan 2021 – Dec 2021dates under reviewdates under reviewcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

3 found
PROJECT AWARD Winner 2022
2022 Outstanding Website WebAward · Grupo Provivienda website
The Grupo Provivienda website received the 2022 Outstanding Website WebAward; the published winners notice identifies Grupo Provivienda as the recipient and WSI as the digital-marketing agency.
MILESTONE 17 December 2018
First residential project in Panama supplied with non-conventional renewable energy · La Hacienda
Grupo Provivienda and Celsia jointly delivered the first 60 homes of La Hacienda, described by Celsia as Panama’s first residential project supplied with non-conventional renewable energy through photovoltaic systems.
SAFETY / QUALITY Certified
ISO 9001 quality certification
A contemporaneous Panama business directory reported that Grupo Provivienda’s housing projects operated under ISO 9001 and described it as the only housing developer in Panama with that accreditation; the retrieved source does not state the certification date or current validity.

Risks

Risk flags

3 found
REGULATORY Complaint entered February 2023; closed March 2023
In a 2023 ACODECO conciliation record, a consumer complaint against Grupo Provivienda, S.A. alleged lack of information in connection with a home purchase; the matter closed with an agreement at a hearing and a B/.1,059.80 refund against a B/.2,649.50 claim, so the record documents a resolved consumer complaint rather than a finding of fraud or other wrongdoing.
LICENCE PROBLEM Resolution dated 18 October 2006; published 11 June 2007
The Junta Técnica de Ingeniería y Arquitectura confirmed the suspension of construction of the La Riviera de Don Bosco project promoted and developed by Grupo Provivienda, citing construction-regulation and registration issues, including use of an unregistered construction company and an unapproved alternative foundation detail; the source is an older matter retained because it materially concerns the developer’s project.
DELIVERY DELAY Resolución JTIA-739-06 de 18 de octubre de 2006; publicada el 11 de junio de 2007.
La Riviera de Don Bosco — la Junta Técnica de Ingeniería y Arquitectura confirmó la suspensión de la construcción por infracciones técnicas y administrativas; Grupo Provivienda, S.A. fue identificado como promotor y desarrollador, mientras que el expediente no documenta una posterior reanudación o resolución, por lo que su estado actual sigue siendo incierto y no debe tratarse como una falta confirmada dentro de la ventana 2016–2026.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 10, 2026 this month
Profile last researchedOctober 10, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.