The 5-year, floating-rate, non-recourse loan from Knighthead Funding refinances maturing debt.
Opened in 2012 Dorado Beach, a Ritz-Carlton Reserve (pictured), is situated in the exclusive gated neighborhood of Dorado Beach, on the former Laurence Rockefeller estate, on Puerto Rico’s Atlantic Coast.
It is probably true that it was impossible for the UK to enjoy much of an economic recovery without a revival in housebuilding and the housing market.
Which is why the Treasury's and Bank of England's schemes to wake up these markets from their long, deep slumber, Funding for Lending and Help to Buy, are seen by many as having been useful.
The number of homes repossessed from struggling owners in the UK fell in the second quarter of the year, lenders say.
The EU has finally approved the state-aided project that is intended to bring super-fast broadband to rural Britain.
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