Lovill is home to a growing real estate practice, whose clients include corporate entities, property developers, and investment groups. The group assists clients at every stage of real estate transactions, from structuring real estate holding vehicles and asset-level reorganisations through to acquisition, financing and disposition. It also regularly advises on leasing matters, helping clients with structuring, negotiation and ongoing management of rural land and commercial leases. Head of team Elizabeth Heurtematte is recognised for her ability to handle complex real estate transfers and reorganisations. Victor Carrizo joined in November 2025.
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Testimonials
Collated independently by Legal 500 research team.
- The firm stands out for its dynamic approach, personalized attention, and commitment to each client. Although a young firm, the team possesses strong technical expertise and a keen ability to find practical and efficient solutions. Their approachability, flexibility, and speed set them apart from more traditional firms.
- The firm's lawyers are known for their commitment, attentive service, and willingness to be directly involved in each case. They stand out by offering a more personalized, flexible, and efficient approach than larger firms. Their key strengths are responsibility, excellent communication, and a practical approach to problem-solving.
- LOVILL's practice is distinguished by its practical approach, close client relationships, and ability to handle complex matters with a clear business perspective. The firm not only masters the Panamanian legal framework but also understands how companies, investors, and developers operate in key sectors such as real estate, corporate, and regulatory affairs. In my experience, what truly sets them apart is their proactive approach. They don't just react; they anticipate risks, especially regarding compliance and regulation, which is crucial in Panama today. Furthermore, they have experience in both local and international operations, including transactions, financing, and significant projects, allowing them to see the big picture. The team is very accessible, responds quickly, and explains things clearly.
- What sets LOVILL's lawyers apart is their technical excellence, practical approach, and in-depth knowledge of the Panamanian regulatory environment. They differentiate themselves from competitors by their ability to anticipate risks, provide strategic solutions, and offer agile and personalized service. Their clear communication, accessibility, and commitment to clients make them trusted partners.
Key clients
- Plaza Logistica Balboa S.A.
- Mexichem Panamá S.A./Orbia Group
- Isthmian Investment Corporation
- Hacienda San José S.A.
- M&A Capital Inc.
- Urban Developers and Investors (UDI)
- Riba Smith S.A.
- P.H. Atrio Mall
- P.H. Novotrade (Mareas Mall)
- Viveres de Panamá S.A.
Work highlights
Advised Hacienda San José, S.A. on the structuring and ongoing management of large‑scale agricultural land lease arrangements in Panama, covering approximately 1,000 hectares as part of the client’s long‑term landholding and agribusiness operations.
Advised on the design and implementation of P.H. Soho City Center for a multi-use real estate development, aligned with secured lender requirements.
Advised on the resolution of critical development-stage disputes affecting residential real estate projects in Panama through strategic structuring and regulatory coordination.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Elizabeth Heurtematte
Other key lawyers
Victor Carrizo