ATLANTA, May 31, 2017 — FIG Partners served as broker for a $6 million hospitality loan sale involving two of its financial institution clients.
“FIG worked with both banks to analyze their asset and liability mix and identify a mutual opportunity,” said Amy Boothe-Fuentes, FIG’s Senior Vice President and Head of Whole Loan Trading, who managed the transaction. “We structured a transaction that met both banks’ different needs and ultimately strengthened each institution’s balance sheet.”
FIG serves its clients with advisory and broker services for whole loans and fixed-income transactions to facilitate balance sheet management.
Since 2003, FIG has been the trusted advisor to community banks and investors. FIG’s Fixed Income team has executed more than $270 million in loan sale transactions since the launch of its trading platform in 2014.
To learn more about FIG Partners’ whole loan trading capabilities, visit www.figpartners.com.