Fla. firm pays off $14.5M Sheraton Old San Juan loan
May 27, 2016
Florida-based Consolidated-Tomoka Land Co. announced Thursday the pay off of its $14.5 million first mortgage loan secured by the Sheraton Old San Juan Hotel at a discount of approximately $218,000.
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U.S. Ag Sec to make 1st official visit to P.R. next week
May 27, 2016
Agriculture Secretary Tom Vilsack will make his first official visit to Puerto Rico starting next Tuesday, when he will highlight the U.S. Department of Agriculture's ongoing commitment to addressing food security and rural opportunity in the Commonwealth.
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PROMESA advances to House floor; CNE won’t endorse
May 26, 2016
The PROMESA Act (H.R. 5278), the bill aimed to address Puerto Rico’s debt crisis, passed in the U.S. House Natural Resources Committee Wednesday with bipartisan support from lawmakers.
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