{"ok":true,"count":10,"developers":[{"id":"74101da3-bfcd-4a9c-90f4-4fa980b3fd50","developer_id":"DEV-ES-AEDAS","name":"AEDAS Homes","country":"Spain","registration_number":null,"founded_year":2017,"counterpart_score":86,"score_grade":"AAV","score_trend":"stable","score_last_updated":"2026-05-21T09:25:53.82538+00:00","total_projects":84,"completed_projects":67,"delayed_projects":4,"cancelled_projects":0,"on_time_delivery_rate":0.94,"avg_delay_months":1.2,"financial_stress_score":18,"payment_delay_signals":0,"legal_disputes_active":1,"legal_disputes_resolved":4,"court_judgements_against":0,"spec_match_rate":0.96,"complaint_rate":0.04,"primary_bank":"CaixaBank","primary_contractors":["ACS","Sacyr"],"known_investors":null,"risk_flags":[],"positive_signals":["IPO-listed transparency","94% on-time delivery","Strong CaixaBank financing"],"claude_assessment":"AEDAS Homes scores highly on virtually every dimension. IPO-listed (BME: AEDAS), strong CaixaBank backing, consistent track record across coastal and Madrid markets. Risk profile is institutional-grade.","data_sources":null,"last_full_scan":null,"created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"722fe91a-869b-4567-9994-75dd5bb164d0","developer_id":"DEV-ES-TBR","name":"Taylor Wimpey España","country":"Spain","registration_number":null,"founded_year":2005,"counterpart_score":78,"score_grade":"AV","score_trend":"stable","score_last_updated":"2026-05-21T09:25:53.82538+00:00","total_projects":64,"completed_projects":51,"delayed_projects":5,"cancelled_projects":0,"on_time_delivery_rate":0.91,"avg_delay_months":1.5,"financial_stress_score":22,"payment_delay_signals":0,"legal_disputes_active":0,"legal_disputes_resolved":1,"court_judgements_against":0,"spec_match_rate":0.95,"complaint_rate":0.05,"primary_bank":"BBVA","primary_contractors":["Acciona"],"known_investors":null,"risk_flags":[],"positive_signals":["UK parent company FTSE-listed","Focus on Costa del Sol and Mallorca","Strong specification compliance"],"claude_assessment":"Taylor Wimpey España benefits from UK parent (Taylor Wimpey PLC) governance. Concentrated in Costa del Sol and Mallorca with strong specification compliance. Minor delay risk but exceptional spec match rate.","data_sources":null,"last_full_scan":null,"created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"95ec4f02-27db-4edc-8547-e22693f13b6b","developer_id":"DEV-ES-NEINOR","name":"Neinor Homes","country":"Spain","registration_number":null,"founded_year":2017,"counterpart_score":66,"score_grade":"BBV","score_trend":"deteriorating","score_last_updated":"2026-06-03T04:44:01.418+00:00","total_projects":92,"completed_projects":71,"delayed_projects":7,"cancelled_projects":1,"on_time_delivery_rate":0.89,"avg_delay_months":1.8,"financial_stress_score":24,"payment_delay_signals":0,"legal_disputes_active":2,"legal_disputes_resolved":3,"court_judgements_against":0,"spec_match_rate":0.94,"complaint_rate":0.06,"primary_bank":"Banco Santander","primary_contractors":["Acciona","OHL"],"known_investors":null,"risk_flags":[],"positive_signals":["IPO-listed","Largest publicly-traded developer in Spain","Diversified geographic exposure"],"claude_assessment":"Neinor is the largest publicly-traded developer in Spain. Reliable delivery, modest delay rate, low complaints. Mild concern around stretched balance sheet post-2024 expansion but no acute stress signals.","data_sources":null,"last_full_scan":"2026-06-03T04:44:01.418+00:00","created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"6f368ae6-66be-4a60-9ab7-40d7a5cbae41","developer_id":"DEV-ES-LACAN","name":"La Cañada Estates","country":"Spain","registration_number":null,"founded_year":2011,"counterpart_score":64,"score_grade":"BBV","score_trend":"stable","score_last_updated":"2026-05-21T09:25:53.82538+00:00","total_projects":28,"completed_projects":19,"delayed_projects":5,"cancelled_projects":1,"on_time_delivery_rate":0.79,"avg_delay_months":3.6,"financial_stress_score":41,"payment_delay_signals":2,"legal_disputes_active":1,"legal_disputes_resolved":2,"court_judgements_against":0,"spec_match_rate":0.85,"complaint_rate":0.12,"primary_bank":"Sabadell","primary_contractors":["Various local contractors"],"known_investors":null,"risk_flags":["Delay rate above market average","Smaller scale operation"],"positive_signals":["Specialized in Costa Cálida segment"],"claude_assessment":"La Cañada is a smaller regional developer with elevated delay rate but no critical stress signals. Counterparty risk is moderate. Recommend deposit protection schemes for any new project.","data_sources":null,"last_full_scan":null,"created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"780f153b-047f-4312-9a2e-439c39000d5c","developer_id":"DEV-ES-RP","name":"Realia Patrimonio","country":"Spain","registration_number":null,"founded_year":2000,"counterpart_score":56,"score_grade":"BBV","score_trend":"deteriorating","score_last_updated":"2026-06-03T04:44:01.186+00:00","total_projects":56,"completed_projects":42,"delayed_projects":6,"cancelled_projects":1,"on_time_delivery_rate":0.86,"avg_delay_months":2.4,"financial_stress_score":32,"payment_delay_signals":1,"legal_disputes_active":1,"legal_disputes_resolved":3,"court_judgements_against":0,"spec_match_rate":0.88,"complaint_rate":0.09,"primary_bank":"Bankinter","primary_contractors":["Sacyr"],"known_investors":null,"risk_flags":["Slightly elevated complaint rate"],"positive_signals":["FCC group affiliation","Listed on BME"],"claude_assessment":"Realia is a moderate-tier developer with acceptable but not exceptional metrics. Mild elevation in complaints and delay rate vs the AAV tier. Acceptable counterparty for non-leveraged buyers.","data_sources":null,"last_full_scan":"2026-06-03T04:44:01.186+00:00","created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"01686aae-1df7-41dc-9430-5db2453ca7b8","developer_id":"DEV-ES-MV","name":"Metrovacesa","country":"Spain","registration_number":null,"founded_year":1918,"counterpart_score":34,"score_grade":"DV","score_trend":"deteriorating","score_last_updated":"2026-06-03T04:44:00.831+00:00","total_projects":178,"completed_projects":142,"delayed_projects":12,"cancelled_projects":3,"on_time_delivery_rate":0.9,"avg_delay_months":2.1,"financial_stress_score":26,"payment_delay_signals":1,"legal_disputes_active":3,"legal_disputes_resolved":8,"court_judgements_against":1,"spec_match_rate":0.91,"complaint_rate":0.07,"primary_bank":"Banco Santander","primary_contractors":["Ferrovial","FCC"],"known_investors":null,"risk_flags":[],"positive_signals":["100+ years operating history","Restructured 2018-2020","Strong land bank"],"claude_assessment":"Metrovacesa carries the most institutional history of any Spanish developer. Post-restructuring (2018-2020) the business is much cleaner. Recent project velocity has improved consistently.","data_sources":null,"last_full_scan":"2026-06-03T04:44:00.831+00:00","created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"44e78f39-c5fc-45ba-8a4c-e3bad26d6e3c","developer_id":"DEV-ES-MED","name":"Mediterranean Build Group","country":"Spain","registration_number":null,"founded_year":2008,"counterpart_score":13,"score_grade":"DV","score_trend":"deteriorating","score_last_updated":"2026-06-03T04:44:00.472+00:00","total_projects":41,"completed_projects":27,"delayed_projects":9,"cancelled_projects":3,"on_time_delivery_rate":0.71,"avg_delay_months":4.8,"financial_stress_score":56,"payment_delay_signals":4,"legal_disputes_active":3,"legal_disputes_resolved":4,"court_judgements_against":1,"spec_match_rate":0.82,"complaint_rate":0.16,"primary_bank":"Cajamar","primary_contractors":["Various"],"known_investors":null,"risk_flags":["Three projects delayed >6 months","Two active disputes","Score trend deteriorating"],"positive_signals":[],"claude_assessment":"Mediterranean Build Group is showing clear stress signals: deteriorating score trend, three active disputes, recent project delays exceeding 6 months. Exercise caution for any new commitments. Existing buyers should verify deposit protection.","data_sources":null,"last_full_scan":"2026-06-03T04:44:00.472+00:00","created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"afc05cdb-239f-4891-b09f-1a2682ebd5c8","developer_id":"DEV-ES-TR","name":"Torreve Residential","country":"Spain","registration_number":null,"founded_year":2015,"counterpart_score":7,"score_grade":"DV","score_trend":"deteriorating","score_last_updated":"2026-06-03T04:44:00.084+00:00","total_projects":19,"completed_projects":11,"delayed_projects":6,"cancelled_projects":2,"on_time_delivery_rate":0.65,"avg_delay_months":5.2,"financial_stress_score":64,"payment_delay_signals":6,"legal_disputes_active":2,"legal_disputes_resolved":1,"court_judgements_against":0,"spec_match_rate":0.79,"complaint_rate":0.18,"primary_bank":"Local cajas","primary_contractors":["Smaller regional firms"],"known_investors":null,"risk_flags":["Two project cancellations in last 18 months","Multiple payment delay signals","Single-bank concentration"],"positive_signals":[],"claude_assessment":"Torreve is showing significant counterparty stress. Two recent cancellations, multiple payment delay flags, score trending down for 12+ months. New buyer commitments require careful evaluation of project-specific protections.","data_sources":null,"last_full_scan":"2026-06-03T04:44:00.084+00:00","created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"1f24e8df-3482-45d4-b3f7-797cd20693cc","developer_id":"DEV-ES-AC","name":"Alicante Coastal Build","country":"Spain","registration_number":null,"founded_year":2019,"counterpart_score":2,"score_grade":"DV","score_trend":"deteriorating","score_last_updated":"2026-06-03T04:43:59.667+00:00","total_projects":14,"completed_projects":6,"delayed_projects":5,"cancelled_projects":3,"on_time_delivery_rate":0.55,"avg_delay_months":7.1,"financial_stress_score":71,"payment_delay_signals":8,"legal_disputes_active":4,"legal_disputes_resolved":0,"court_judgements_against":1,"spec_match_rate":0.74,"complaint_rate":0.22,"primary_bank":"Cajamar","primary_contractors":["Various local"],"known_investors":null,"risk_flags":["Three cancellations","Court judgement against","High complaint rate","Single-bank financing"],"positive_signals":[],"claude_assessment":"Alicante Coastal Build is in clear distress. Score below 50, multiple cancellations, court judgement, elevated complaints. Strongly recommend against new commitments without senior legal review.","data_sources":null,"last_full_scan":"2026-06-03T04:43:59.667+00:00","created_at":"2026-05-21T09:25:53.82538+00:00"},{"id":"2347e21d-571f-4a34-b019-99ff5fdb498e","developer_id":"DEV-ES-AT","name":"Alegría Torrevieja S.L.","country":"Spain","registration_number":null,"founded_year":2020,"counterpart_score":0,"score_grade":"DV","score_trend":"deteriorating","score_last_updated":"2026-06-03T04:43:58.83+00:00","total_projects":8,"completed_projects":2,"delayed_projects":4,"cancelled_projects":2,"on_time_delivery_rate":0.4,"avg_delay_months":9.4,"financial_stress_score":84,"payment_delay_signals":12,"legal_disputes_active":5,"legal_disputes_resolved":0,"court_judgements_against":2,"spec_match_rate":0.68,"complaint_rate":0.31,"primary_bank":"Various","primary_contractors":["Various"],"known_investors":null,"risk_flags":["Two court judgements","Five active disputes","Five payment delay flags","Two project cancellations","60% delay rate"],"positive_signals":[],"claude_assessment":"Alegría Torrevieja shows acute counterparty risk. Multiple court judgements, active disputes, payment delays. Avoid new commitments. Existing buyers with this counterparty should consult legal counsel immediately.","data_sources":null,"last_full_scan":"2026-06-03T04:43:58.83+00:00","created_at":"2026-05-21T09:25:53.82538+00:00"}]}