Sun West Mortgage Company Inc. announced Monday it has closed 95 percent of the mortgage loans filed for apartments at the Ciudadela high-rise in Santurce.
“We’re extremely proud to work closely with a great team at Ciudadela and be the mortgage bank for a project that marks the rebirth of Santurce,” said Hari Agarwal, president of Sun West Mortgage Company Inc. “Our 35 years in Puerto Rico brings the necessary experience to collaborate efficiently in developments such as Ciudadela.”
Set in the heart of Santurce, the current Ciudadela complex is like a small town within the city: two elegant glass towers house 312 apartments and residents have access to a supermarket (Pueblo Supermarket), a gymnasium and a restaurant, all of which are located on the ground floor.
“Sun West Mortgage is one 100 percent committed to the development of the island. Ciudadela has been a living example of what we can do to ensure that thousands of Puerto Rican families fulfill their dream of acquiring a property,” said Ricardo Agudo one of Sun West’s founders in Puerto Rico.
Sun West currently has two branches on the island and 28 branches in the United States, an operation that has been overseen from Puerto Rico for the past year and which it will be recruiting more than 200 employees over the next six months.