The Puerto Rico Housing Department announced the start of the construction of Hogar Manuel Mediavilla Negrón III, a $25.6 million project of new and accessible housing for the elderly in the northeastern town of Humacao. The project’s financing includes $8.6 million in federal funds from the CDBG-DR Gap Program for Low Income Housing Tax Credits, […]
Retail Value Inc. closed on the sale of the Plaza Palma Real shopping center in Humacao on Dec. 22, for $50 million prior to closing costs, prorations and other closing adjustments, it announced. The buyer was undisclosed. The net proceeds were used to repay mortgage debt associated with RVI. Last year, the mall marked its […]
Following an investment of close to $300,000, the Puerto Rico Ports Authority will reopen the Dr. Hermenegildo Ortiz-Quiñones general aviation regional airport in Humacao today, a facility reserved for individual pilots and ultralight aircraft operators. In an exclusive interview with this media outlet, Ports Authority Executive Director Joel Pizá-Batiz confirmed that the reopening comes after […]
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