Artificial Intelligence
Builders Company
Developers/Grupo Sucasa
GS
Grupo SucasaPanama City, Panama · founded 1967 · 1 active markets
SUBSIDIARY
gruposucasa.com

Grupo Sucasa develops and sells houses and apartments in Panama, serving Panamanian families and middle- and lower-income households. Its residential portfolio spans metropolitan and interior locations, combining design, construction, and sales with high-end projects for professionals, couples, foreigners, and investors.

Years in business
59
founded 1967
LinkedIn headcount
160
employees, as shown on LinkedIn · Current profile; +15.9% YoY and +22 people · size band 501–1,000
Total projects
more than 50 completed real-estate projects
across the company’s whole history
Units delivered
more than 35,000 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
Sociedad Urbanizadora del Caribe, S.A.1
Headquarters
Vía España y esquina con Calle 501, Panama City1, Panama
Founded
19671
Entity type
SUBSIDIARY1
Business model
offplan for sale1
Markets
1 market listed
What they build
no project types recorded
Full dossier in About →

Delivery record

0 date-assessed of 0 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. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Awards & recognition

All awards →

Risks & source coverage

  • REGULATORY 2023 In 2023, the Superintendencia de Sujetos No Financieros recorded an executed pecuniary sanction of B/.48,125 against Urbanizadora del Caribe, S.A. (Sucasa) for breaches of Law 23 of 2015 involving due diligence, customer-record updating and safeguarding, risk-based controls, PEP-related measures, and employee-knowledge controls; the record does not state a fraud finding.
  • PROJECT CANCELLED Complaint filed January 7, 2020; listed outcome June 23, 2020 An ACODECO conciliation record shows a buyer complaint against Sucasa concerning a housing purchase, classified as an abandonment matter, for B/.45,888.78; the listed outcome was abandonment of the proceeding, not a finding that Sucasa abandoned the project.
  • DELIVERY DELAY November 26, 2016 Residents of the Palo Alto development in Felipillo protested in November 2016, alleging flooding, defective streets and slopes, inadequate security, interrupted water service, and promised facilities that had not been delivered; Sucasa disputed or qualified parts of the complaints and said it would repair the streets and build the bus stop.
  • 4 more in Risk & Sources
Record status
active
Company sources
136 source entries across 136 fields
Projects tracked
0 · 0 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 0 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. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

0 of 0 projects dated · 0 places
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
No dated projects to plot.
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.

About

Company dossier

Legal name
Sociedad Urbanizadora del Caribe, S.A.
Headquarters
Vía España y esquina con Calle 50, Panama City, Panama
Bella Vista
Founded
1967
Panama City, Panama
Entity type
SUBSIDIARY
Revenue
PAB 99.37 million annual sales
2023
Business model
offplan for sale

Offices

head office and 1 other
Miami

Sources: office cities

SOCIALdate not shown in source

Grupo Sucasa

LinkedIn
Offices: miami, florida, united states (US)
value seen: Offices: miami, florida, united states (US)
https://www.linkedin.com/company/grupo-sucasa

Partners

2 partners
Unión Nacional de Empresas, S.A. (UNESA)
partner

UNESA owns 100% of SUCASA and provided a joint guarantee for bond obligations.

Arango+
partner

Arango+ designed Baula Residences.

Sources: name

REGULATORdate not shown in source

PROSPECTO INFORMATIVO SUCASA

Superintendencia del Mercado de Valores de Panamá
fianza solidaria constituida por Unión Nacional de Empresas. S.A. y sus subsidiarias
value seen: Unión Nacional de Empresas. S.A.
https://supervalores.gob.pa/files/registros/emisiones/Sociedad-Urbanizadora-Caribe/PROSPECTO-INFORMATIVO.pdf

Sources: summary

REGULATORdate not shown in source

PROSPECTO INFORMATIVO SUCASA

Superintendencia del Mercado de Valores de Panamá
El cumplimiento de las obligaciones derivadas de los Bonos estará garantizado por medio de la fianza solidaria constituida por Unión Nacional de Empresas. S.A. y sus subsidiarias
value seen: fianza solidaria
value paraphrased from this source
https://supervalores.gob.pa/files/registros/emisiones/Sociedad-Urbanizadora-Caribe/PROSPECTO-INFORMATIVO.pdf

Sources: name

PRESS2026-09-09

Sucasa Estate Developers inaugura su primera Sala de Ventas

Telemetro
con diseño de Arango+
value seen: Arango+
https://www.telemetro.com/contenido-patrocinado/sucasa-estate-developers-inaugura-su-primera-sala-ventas-presentar-baula-residences-n6091252

Sources: summary

PRESS2026-09-09

Sucasa Estate Developers inaugura su primera Sala de Ventas

Telemetro
con diseño de Arango+
value seen: diseño de Arango+
https://www.telemetro.com/contenido-patrocinado/sucasa-estate-developers-inaugura-su-primera-sala-ventas-presentar-baula-residences-n6091252

Registrations & licences

COMPANY NUMBERFicha 22067
Registro Público de Panamá · PA · Vigente
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

What they build

no project types recorded
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
IG
Ing. Guillermo E. Quijano D.
The latest dated UNESA leadership page retrieved identifies him as the president of the parent group associated with Grupo Sucasa. It describes him as a civil engineer with a master’s degree in administration and finance and as a former president of Banco Panamá’s board.
Current title
PRESIDENTE
Experience
no career length stated
Companies before
none sourced
Education
The Catholic University of AmericaCivil Engineering
American UniversityMaster’s in Administration and Finance
Other boards
none sourced
Known for
PresidentCivil engineerMaster’s in administration and financeFormer Banco Panamá board president

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Civil graduado en The Catholic University of America, Washington, D.C.
value seen: Ingeniero Civil
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Civil graduado en The Catholic University of America, Washington, D.C.
value seen: The Catholic University of America
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Maestría en Administración y Finanzas en American University, Washington, D.C.
value seen: Maestría en Administración y Finanzas
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Maestría en Administración y Finanzas en American University, Washington, D.C.
value seen: American University
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: full name

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### Ing. Guillermo E. Quijano D.
value seen: Ing. Guillermo E. Quijano D.
https://unesa.com/quienes-somos/

Sources: summary

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Panameño Es Ingeniero Civil graduado en The Catholic University of America, Washington, D.C., y Maestría en Administración y Finanzas en American University, Washington, D.C., Caballero y Hospitalario de la Orden de Malta Panamá, y Ex Presidente de la Junta Directiva de Banco Panamá.
value seen: civil engineer with a master’s degree in administration and finance and former president of Banco Panamá’s board
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### PRESIDENTE
value seen: PRESIDENTE
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Panameño Es Ingeniero Civil graduado en The Catholic University of America, Washington, D.C.
value seen: Ingeniero Civil
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
y Maestría en Administración y Finanzas en American University, Washington, D.C.
value seen: Maestría en Administración y Finanzas
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
y Ex Presidente de la Junta Directiva de Banco Panamá.
value seen: Ex Presidente de la Junta Directiva de Banco Panamá
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: title

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### PRESIDENTE
value seen: PRESIDENTE
https://unesa.com/quienes-somos/
LD
Lic. Diego E. Quijano D.
The company leadership page identifies him as UNESA treasurer-director and vice president of housing, while independent reporting identifies him as a Grupo Sucasa projects specialist and a later vice president of Sucasa Estate Developers. His background combines financial and economic analysis with senior media and civic-board experience.
Current title
TESORERO - DIRECTOR; Vicepresidente de Vivienda
Experience
no career length stated
Companies before
Corporación La Prensa
Education
Georgetown UniversityInternational Economics
Universidad Rey Juan CarlosMaster’s in Austrian Economics
Instituto de Madrid Manuel AyauMaster’s in Value Investing and Cycle Theory
Other boards
Empresa General de InversionesInstituto de Estudios para una Sociedad Abierta
Known for
Treasurer-directorVice president of housingGeorgetown economicsFinancial and economic analystFormer Corporación La Prensa president

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Es licenciado en Economía Internacional por la Universidad de Georgetown (2004)
value seen: licenciado en Economía Internacional
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Es licenciado en Economía Internacional por la Universidad de Georgetown (2004)
value seen: Universidad de Georgetown
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
máster en Economía de la Escuela Austriaca por la Universidad Rey Juan Carlos (2011)
value seen: máster en Economía de la Escuela Austriaca
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
máster en Economía de la Escuela Austriaca por la Universidad Rey Juan Carlos (2011)
value seen: Universidad Rey Juan Carlos
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
máster en Inversión en valor y Teoría del Ciclo por el Instituto de Madrid Manuel Ayau (2013)
value seen: máster en Inversión en valor y Teoría del Ciclo
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
máster en Inversión en valor y Teoría del Ciclo por el Instituto de Madrid Manuel Ayau (2013)
value seen: Instituto de Madrid Manuel Ayau
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: full name

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### Lic. Diego E. Quijano D.
value seen: Lic. Diego E. Quijano D.
https://unesa.com/quienes-somos/

Sources: other boards

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Es miembro de la junta directiva de Empresa General de Inversiones.
value seen: miembro de la junta directiva de Empresa General de Inversiones
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: other boards

OTHER2016-11-04

Diego Quijano - New Media New Media

Universidad Francisco Marroquín New Media
Actualmente, es consultor de proyectos especiales en Grupo Sucasa, Panamá; directivo y fundador del Instituto de Estudios para una Sociedad Abierta.
value seen: directivo y fundador del Instituto de Estudios para una Sociedad Abierta
value paraphrased from this source
https://newmedia.ufm.edu/autor/diego-quijano/

Sources: previous companies

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Expresidente de Corporación La Prensa
value seen: Corporación La Prensa
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: summary

PRESS2026-05-17

Sucasa Estate Developers presenta Baula Residences en Amador: un nuevo ícono de bienestar, arte y naturaleza en Panamá | La Prensa Panamá | La Prensa Panamá

La Prensa Panamá
nuestra esencia de confianza y solidez, que siempre nos ha caracterizado”, señaló Diego Quijano Durán, vicepresidente de Sucasa Estate Developers.
value seen: vicepresidente de Sucasa Estate Developers
value paraphrased from this source
https://www.prensa.com/contenido-de-marcas/sucasa-estate-developers-presenta-baula-residences-en-amador-un-nuevo-icono-de-bienestar-arte-y-naturaleza-en-panama/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### TESORERO - DIRECTOR
value seen: TESORERO - DIRECTOR
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Panameño Vicepresidente de Vivienda.
value seen: Vicepresidente de Vivienda
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Es licenciado en Economía Internacional por la Universidad de Georgetown (2004)
value seen: licenciado en Economía Internacional por la Universidad de Georgetown (2004)
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

OTHER2016-11-04

Diego Quijano - New Media New Media

Universidad Francisco Marroquín New Media
Diego Quijano es analista financiero y económico.
value seen: analista financiero y económico
value paraphrased from this source
https://newmedia.ufm.edu/autor/diego-quijano/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Expresidente de Corporación La Prensa, expresidente del Consejo Nacional de Periodismo (2023-2024)
value seen: Expresidente de Corporación La Prensa
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: title

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### TESORERO - DIRECTOR Panameño Vicepresidente de Vivienda.
value seen: TESORERO - DIRECTOR; Vicepresidente de Vivienda
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://unesa.com/quienes-somos/
LF
Lic. Francisco Linares Ferrer
UNESA’s leadership page identifies him as secretary-director and as the group’s legal-committee member. It also identifies him as a corporate and maritime lawyer and partner at Morgan & Morgan, with governance roles in Panamá Viejo and Club Kiwanis de Panamá.
Current title
SECRETARIO - DIRECTOR
Experience
no career length stated
Companies before
none sourced
Education
University of Notre DameBachelor’s in Philosophy and Economics
Tulane UniversityDoctor of Law, Maritime Law
Other boards
Patronato de Panamá ViejoClub Kiwanis de Panamá
Known for
Secretary-directorLegal committeeCorporate lawyerMaritime-law doctorateMorgan & Morgan partner

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Licenciatura en Filosofía y Economía University of Notre Dame, South Bend, Indiana.
value seen: Licenciatura en Filosofía y Economía
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Licenciatura en Filosofía y Economía University of Notre Dame, South Bend, Indiana.
value seen: University of Notre Dame
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Doctor en Derecho con especialización en Derecho Marítimo Tulane University, New Orleans, Louisiana.
value seen: Doctor en Derecho con especialización en Derecho Marítimo
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Doctor en Derecho con especialización en Derecho Marítimo Tulane University, New Orleans, Louisiana.
value seen: Tulane University
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: full name

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### Lic. Francisco Linares Ferrer
value seen: Lic. Francisco Linares Ferrer
https://unesa.com/quienes-somos/

Sources: other boards

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Director del Patronato de Panamá Viejo.
value seen: Director del Patronato de Panamá Viejo
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: other boards

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Director del Club Kiwanis de Panamá.
value seen: Director del Club Kiwanis de Panamá
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: summary

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Socio de la firma de abogados Morgan & Morgan. Miembro del Colegio Nacional de Abogados.
value seen: Socio de la firma de abogados Morgan & Morgan
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### SECRETARIO - DIRECTOR
value seen: SECRETARIO - DIRECTOR
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Panameño – Comité de Legal
value seen: Comité de Legal
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Socio de la firma de abogados Morgan & Morgan.
value seen: Socio de la firma de abogados Morgan & Morgan
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Doctor en Derecho con especialización en Derecho Marítimo Tulane University, New Orleans, Louisiana.
value seen: Doctor en Derecho con especialización en Derecho Marítimo
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Doctor en Derecho con especialización en Derecho Marítimo Tulane University, New Orleans, Louisiana.
value seen: Tulane University
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: title

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### SECRETARIO - DIRECTOR
value seen: SECRETARIO - DIRECTOR
value paraphrased from this source
https://unesa.com/quienes-somos/
IJ
Ing. José Roberto Quijano Durán
The company leadership page identifies him as a UNESA director. His published profile describes engineering training in mechanical and industrial engineering and project-administration training at INCAE; no independently documented operating title at Grupo Sucasa was found.
Current title
DIRECTOR
Experience
no career length stated
Companies before
none sourced
Education
Wilkes CollegeMechanical Engineering
Florida International UniversityIndustrial Engineering
INCAEProject Administration
Other boards
none sourced
Known for
DirectorMechanical engineerIndustrial engineerINCAE project administration

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Mecánico Wilkes College, Pennsylvania.
value seen: Ingeniero Mecánico
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Mecánico Wilkes College, Pennsylvania.
value seen: Wilkes College
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Industrial Florida Internacional University, Florida.
value seen: Ingeniero Industrial
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Industrial Florida Internacional University, Florida.
value seen: Florida Internacional University
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
INCAE, Administración de Proyectos.
value seen: Administración de Proyectos
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
INCAE, Administración de Proyectos.
value seen: INCAE
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: full name

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### Ing. José Roberto Quijano Durán
value seen: Ing. José Roberto Quijano Durán
https://unesa.com/quienes-somos/

Sources: summary

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
PanameñoIngeniero Mecánico Wilkes College, Pennsylvania. Ingeniero Industrial Florida Internacional University, Florida. INCAE, Administración de Proyectos.
value seen: Ingeniero Mecánico Wilkes College, Pennsylvania. Ingeniero Industrial Florida Internacional University, Florida. INCAE, Administración de Proyectos.
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### DIRECTOR
value seen: DIRECTOR
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Mecánico Wilkes College, Pennsylvania.
value seen: Ingeniero Mecánico
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Ingeniero Industrial Florida Internacional University, Florida.
value seen: Ingeniero Industrial
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
INCAE, Administración de Proyectos.
value seen: INCAE, Administración de Proyectos
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: title

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### DIRECTOR
value seen: DIRECTOR
value paraphrased from this source
https://unesa.com/quienes-somos/
LF
Lic. Fernando A. Cardoze García de Paredes
UNESA’s leadership page identifies him as a director. It records business-administration and finance training and identifies him as owner and founding partner of Panama Air Adventures and a board member of Empresa General de Inversiones, MHC Holdings and Financiera Automotriz.
Current title
DIRECTOR
Experience
no career length stated
Companies before
none sourced
Education
Boston CollegeBusiness Administration
Tulane UniversityMaster’s in Business Administration, Finance
Other boards
Empresa General de InversionesMHC HoldingsFinanciera Automotriz, S.A.
Known for
DirectorFinance MBAPanama Air Adventures founderListed-company board roles

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Licenciado en Administración de Empresas, Mayo 1992, Boston College, Massachusetts.
value seen: Licenciado en Administración de Empresas
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Licenciado en Administración de Empresas, Mayo 1992, Boston College, Massachusetts.
value seen: Boston College
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Maestría, Administración de Empresas Especialización en Finanzas Mayo 1996, Tulane University, New Orleans, Louisiana.
value seen: Maestría, Administración de Empresas Especialización en Finanzas
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Maestría, Administración de Empresas Especialización en Finanzas Mayo 1996, Tulane University, New Orleans, Louisiana.
value seen: Tulane University
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: full name

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### Lic. Fernando A. Cardoze García de Paredes
value seen: Lic. Fernando A. Cardoze García de Paredes
https://unesa.com/quienes-somos/

Sources: summary

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Dueño y socio fundador de Panama Air Adventures, Inc, Miembro de la Junta Directiva de Empresa General de Inversiones, MHC Holdings y Financiera Automotriz, S.A.
value seen: Dueño y socio fundador de Panama Air Adventures, Inc
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### DIRECTOR
value seen: DIRECTOR
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Maestría, Administración de Empresas Especialización en Finanzas Mayo 1996, Tulane University, New Orleans, Louisiana.
value seen: Maestría, Administración de Empresas Especialización en Finanzas
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Dueño y socio fundador de Panama Air Adventures, Inc
value seen: socio fundador de Panama Air Adventures
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Miembro de la Junta Directiva de Empresa General de Inversiones, MHC Holdings y Financiera Automotriz, S.A.
value seen: Miembro de la Junta Directiva de Empresa General de Inversiones, MHC Holdings y Financiera Automotriz, S.A.
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: title

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### DIRECTOR
value seen: DIRECTOR
value paraphrased from this source
https://unesa.com/quienes-somos/
MQ
Melissa Quijano De Ycaza
The company leadership page identifies her as an alternate director and UNESA marketing director; an independent real-estate industry profile identifies her as Grupo Sucasa’s commercial manager. Her professional profile records earlier commercial and brand-management work at UNESA and Felipe Motta and graduate business education.
Current title
DIRECTORA SUPLENTE; Directora de Mercadeo de UNESA
Experience
no career length stated
Companies before
Felipe Motta S.A.
Education
Texas Christian UniversityBusiness Administration and Entrepreneurship Studies
Tulane UniversityMaster of Business Administration
Universidad Francisco MarroquínMaster of Business Administration
Other boards
none sourced
Known for
Alternate directorUNESA marketing directorGrupo Sucasa commercial managerFormer Felipe Motta brand managerMBA
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: degree

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Es licenciada en Administración de Empresas y Estudios de Emprendimiento por Texas Christian University (2014).
value seen: licenciada en Administración de Empresas y Estudios de Emprendimiento
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: institution

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Es licenciada en Administración de Empresas y Estudios de Emprendimiento por Texas Christian University (2014).
value seen: Texas Christian University
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: degree

SOCIAL2026-08-22

Melissa Quijano - LinkedIn

LinkedIn
### Master of Business Administration - MBA at [Tulane University - A.B. Freeman School of Business] 2018 - 2019
value seen: Master of Business Administration - MBA
value paraphrased from this source
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: institution

SOCIAL2026-08-22

Melissa Quijano - LinkedIn

LinkedIn
### Master of Business Administration - MBA at [Tulane University - A.B. Freeman School of Business] 2018 - 2019
value seen: Tulane University
value paraphrased from this source
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: degree

SOCIAL2026-08-22

Melissa Quijano - LinkedIn

LinkedIn
### Master of Business Administration - MBA at [Universidad Francisco Marroquín]
value seen: Master of Business Administration
value paraphrased from this source
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: institution

SOCIAL2026-08-22

Melissa Quijano - LinkedIn

LinkedIn
### Master of Business Administration - MBA at [Universidad Francisco Marroquín]
value seen: Universidad Francisco Marroquín
value paraphrased from this source
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: full name

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### Melissa Quijano De Ycaza
value seen: Melissa Quijano De Ycaza
https://unesa.com/quienes-somos/

Sources: previous companies

SOCIAL2026-08-22

Melissa Quijano - LinkedIn

LinkedIn
### Brand Manager - [Felipe Motta S.A.] Jun 2015 - May 2018
value seen: Felipe Motta S.A.
value paraphrased from this source
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: summary

OTHERdate not shown in source

Melissa Quijano | Grupo Sucasa | GRI Institute

GRI Institute
Melissa Quijano serves as Gerente Comercial at Grupo Sucasa, a leading real estate development company in Panama.
value seen: Gerente Comercial at Grupo Sucasa
https://www.griinstitute.org/realestate/member-profile/latam/melissa-quijano_4263

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### DIRECTORA SUPLENTE
value seen: DIRECTORA SUPLENTE
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
Panameña – Directora de Mercadeo de UNESA.
value seen: Directora de Mercadeo de UNESA
value paraphrased from this source
https://unesa.com/quienes-somos/

Sources: tags

OTHERdate not shown in source

Melissa Quijano | Grupo Sucasa | GRI Institute

GRI Institute
Melissa Quijano serves as Gerente Comercial at Grupo Sucasa, a leading real estate development company in Panama.
value seen: Gerente Comercial at Grupo Sucasa
value paraphrased from this source
https://www.griinstitute.org/realestate/member-profile/latam/melissa-quijano_4263

Sources: tags

SOCIAL2026-08-22

Melissa Quijano - LinkedIn

LinkedIn
### Brand Manager - [Felipe Motta S.A.] Jun 2015 - May 2018
value seen: Brand Manager - Felipe Motta S.A.
value paraphrased from this source
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: tags

SOCIAL2026-08-22

Melissa Quijano - LinkedIn

LinkedIn
### Master of Business Administration - MBA at [Tulane University - A.B. Freeman School of Business] 2018 - 2019
value seen: Master of Business Administration - MBA
value paraphrased from this source
https://pa.linkedin.com/in/melissa-quijano-43a0698a

Sources: title

COMPANY2023-06-19

Quiénes Somos – Unión Nacional de Empresas S.A.

Unión Nacional de Empresas S.A. · carried by unesa.com
##### DIRECTORA SUPLENTE Panameña – Directora de Mercadeo de UNESA.
value seen: DIRECTORA SUPLENTE; Directora de Mercadeo de UNESA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://unesa.com/quienes-somos/

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.

No qualifying completions found in this window.

0 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

0 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
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

2 found
RANKING Ranked 2024
Merco Empresas Panamá 2024 — ranking sectorial de construcción e inmobiliario
Grupo Sucasa was ranked 5th in Merco’s 2024 sector ranking for construction and real estate in Panama, after being ranked 3rd in the 2023 edition.
MILESTONE Page published August 2, 2024; achievement stated as cumulative since 1967
More than 35,000 homes delivered in Panama
The developer reports that, since 1967, it has built and delivered more than 35,000 houses and apartments in Panama and completed more than 50 residential projects.

Risks

Auditor & credit ratings

1 agency
AuditorKPMG
Fitch RatingsA-(pan) stable outlook · 15 November 2024

Risk flags

7 found
REGULATORY 2023
In 2023, the Superintendencia de Sujetos No Financieros recorded an executed pecuniary sanction of B/.48,125 against Urbanizadora del Caribe, S.A. (Sucasa) for breaches of Law 23 of 2015 involving due diligence, customer-record updating and safeguarding, risk-based controls, PEP-related measures, and employee-knowledge controls; the record does not state a fraud finding.
PROJECT CANCELLED Complaint filed January 7, 2020; listed outcome June 23, 2020
An ACODECO conciliation record shows a buyer complaint against Sucasa concerning a housing purchase, classified as an abandonment matter, for B/.45,888.78; the listed outcome was abandonment of the proceeding, not a finding that Sucasa abandoned the project.
DELIVERY DELAY November 26, 2016
Residents of the Palo Alto development in Felipillo protested in November 2016, alleging flooding, defective streets and slopes, inadequate security, interrupted water service, and promised facilities that had not been delivered; Sucasa disputed or qualified parts of the complaints and said it would repair the streets and build the bus stop.
LEGAL September 8, 2015 decision; underlying judgment June 2, 2011, affirmed November 12, 2012
The Panamanian Supreme Court record describes a civil judgment against Urbanizadora del Caribe, S.A. in which the company was held responsible for poor installation of a residence's electrical system and was ordered to compensate the buyer, with the amount to be liquidated; the appellate court affirmed and the company pursued cassation.
REGULATORY 2022-08-08 (MiAmbiente publication; inspection and reported findings at that time)
Urbanización Las Perlas — MiAmbiente reported that the Sociedad Urbanizadora del Caribe, S.A. (SUCASA) project in Alcalde Díaz had improper waste disposal, chemical mismanagement and hydrocarbon residues, and said an administrative sanction would follow; the report documents environmental non-compliance, not project cancellation or abandonment.
REGULATORY 2024-08-18 (MiAMBIENTE publication; temporary suspension reported then)
An unnamed housing project in Pacora — MiAMBIENTE reported that its technical review found non-compliance with environmental-impact-study mitigation measures and ordered a temporary halt; the source does not identify the promoter, so this cannot be attributed to Grupo Sucasa.
RISK 2016-11-26 (event/report date; status evidence is contemporaneous and therefore uncertain as of 2026-10-10)
Palo Alto, Felipillo — residents publicly protested alleged flooding, defective streets, insecure perimeter works and undelivered promised facilities at the Sociedad Urbanizadora del Caribe, S.A. (Sucasa) development; Sucasa’s representative disputed that homes were built over drainage channels and said repairs and a bus stop would be addressed, but the report provides no later completion evidence.

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.