A group of 50 volunteers organized by the Puerto Rico Chapter of the International Association of Microsoft Channel Partners recently got together to clean up the Cerro Gordo beach and park in Vega Alta, which boasts one of the island’s most popular beaches.
Less than four months after Suzuki Motor Company of Japan announced it would discontinue the sale of new cars in the continental United States, Suzuki del Caribe announced Tuesday it will do the same in the Puerto Rico market after 2014.
Banco Popular de Puerto Rico announced Monday it completed the previously announced sale of a portfolio of non-performing commercial and construction loans, and commercial and single-family real estate owned, with a combined unpaid principal balance on loans and appraised value of other real estate owned of approximately $995 million and book value of approximately $540 million to an entity majority owned by a joint venture between Caribbean Property Group LLC and certain affiliates of Perella Weinberg Partners’ Asset Based Value Strategy.
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