Finance & Accounting

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First BanCorp sells $199M loan portfolio

Investors were lining up to squeeze dollars from a loan portfolio offloaded by Puerto Rican banking company First BanCorp as it works to eliminate risk from its balance sheets. Mission Capital Advisors announced that its Commercial Loan Sales and...

Photo of Madison Avenue. Credit to Vincent Desjardins/Flickr

Windsor’s 99 Madison refinanced at $25M

Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a $25 million refinancing for 99 Madison Avenue, a 124,382 s/f office building in Manhattan. Working on behalf of the borrower, Windsor Management, HFF placed the 15-year, fixed-rate...

SOLOMON PLAZA

Meridian arranges $35M retail, office financing

Meridian Capital Group negotiated $22.8 million in permanent and mezzanine financing for the purchase of Solomon Plaza, a retail and office property in Brooklyn, NY. The financing is composed of a $15 million senior mortgage, provided by Signature...

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