FirstBancorp in Puerto Rico Selling Commercial Loans at $65M Loss

FirstBancorp in Puerto Rico Selling Commercial Loans at M Loss
Lone Star Funds in Dallas paid $ 120 million in cash on Thursday for a portfolio of loans with an unpaid principal balance of $ 378 million. First BanCorp has agreed to two other agreements with unnamed investors to sell commercial and construction loans …
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Construction companies to receive 370 billion MNT in soft loans
The Ministry of Construction and Urban Development and the Agency for Honest Competition and Consumer Rights signed a 370 billion MNT soft loan agreement with construction material suppliers today, on the condition that the suppliers keep their prices …
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For East Grand Forks, city-owned utility offers helping hand in construction
Counting the recent commitment of a $ 1.5 million package to either repair or replace the EGF pool the public utility has contributed $ 2.6 million in grants and $ 2.9 million in loans to the city since 2000.JOHN STENNES/GRAND FORKS HERALD. List of …
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O'Flynn property company sees €122m loss

O'Flynn property company sees €122m loss
New accounts, filed in error, by Mr O'Flynn's unlimited Tiger Developments show that the firm incurred the £99.6m loss after impairments on assets and inter-company loans. The figures show that the five people employed directly by the firm received an …
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Baggage claim to get upgrade
There will be a couple months of “underground work,” Bishop said, and then the construction will “go silent until April 2014.” At that time, the airport plans to tear the ancient building down and will start operating out of a tent. Funding for the project …
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Action plot adopted to hit Belarus development targets in 2013
In line with the plot a set of measures will be worked out to increase the volume of individual home construction, including new financial and credit instruments such as mortgage lending. The rented housing market will be developed, including long-term …
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