Strategic Insights into Banking & Fintech

Amerant in Florida sells three loans for nearly $50 million

Amerant Bancorp in Coral Gables, Fla., sold three loans.

The company disclosed in a regulatory filing that it agreed to sell up to five loans with a total balance of $74 million to Peachtree Group.

Peachtree Group ended up buying three of the loans for $49.7 million.

Leave a Reply

Your email address will not be published. Required fields are marked *