Brief
Brookfield, FirstSun Close on Sale of $890M in Multifamily Loans
FirstSun Capital Bancorp, the holding company for Sunflower Bank, has closed on the sale of performing multifamily commercial real estate mortgage loans acquired from First Foundation Bank to entities
Summary
FirstSun Capital Bancorp, the holding company for Sunflower Bank, has closed on the sale of performing multifamily commercial real estate mortgage loans acquired from First Foundation Bank to entities affiliated with Brookfield Asset Management.
Terms were not disclosed.
The loans sold had contractual balances totaling approximately $890 million. Bill Powell, managing partner in Brookfield’s Credit... The post Brookfield, FirstSun Close on Sale of $890M in Multifamily Loans appeared first
Source
- Connect CREconnectcre.com
