07 October

Sygnus Capital provides $5.4 million construction loan for housing development The project adds to the company’s portfolio of real estate investments

Published: W Journal

Sygnus Capital provides $5.4 million construction loan for housing development

The project adds to the company’s portfolio of real estate investments

Sygnus Capital Puerto Rico has closed a $5.4M construction loan to Centric Holdings LLC to build Centric Contemporary Urban Residences, a 24-unit community in Ponce’s San Antón Ward, highlighting the need for sustainable housing solutions. Pictured (seated L-R) are Eric Delgado Torres, Private Credit Business Development Manager at Sygnus Capital Puerto Rico; Abel Misla, Misla Villalba Group; Nannette Pérez, Portfolio Manager, Investment Banking, Sygnus Capital Puerto Rico; and Daniel Muler López, Account Manager, Investment Banking, Sygnus Capital Puerto Rico. Standing (L-R) are attorneys-at-law, Marta Ramírez Isern, Carlos Batista, and Jennifer Gomez Kiss.

Sygnus Capital PR LLC is deepening its footprint in Puerto Rico’s real estate sector with the closing of a $5.4 million construction loan to Centric Holdings LLC for the development of Centric Contemporary Urban Residences, a 24-unit housing development in Ponce.

The transaction reflects Sygnus’ growing influence in one of the Caribbean’s most competitive property markets and its commitment to funding high-impact projects that address critical housing needs.

“This investment underscores Sygnus’ commitment to strategically deploy capital where it can create meaningful community impact. By financing high-impact developments in underserved markets, we are enabling access to affordable housing and solidifying our role in Puerto Rico as a strategic investment partner”, said Eric Delgado, Business Development Manager, Sygnus Capital PR LLC.

The project will provide modern, affordable homes with features including approximately 1,500 square feet of living space across two levels, three bedrooms, three full bathrooms, 10-foot ceilings, private parking, and outdoor living areas, including a private patio and garden. These are designed to meet the needs of working families and middle-income residents.

This latest transaction adds to Sygnus’ growing portfolio of real estate investments across Puerto Rico and the Caribbean. The company sees Puerto Rico as a a strategic growth market, thanks to its blend of private credit with community-focused real estate development.

“At Sygnus, we believe capital can build the future. We’re honored to support developers like Centric who share our commitment to transforming communities through intentional, inclusive investment”, said Raúl Cacho, Head of Private Credit, Sygnus Capital Puerto Rico.

The project will be located in Ponce and will be led by veteran Puerto Rican entrepreneur and real estate developer, Abel Misla. The construction loan will fund the project from groundbreaking, expected in the fourth quarter 2025, through to completion, with sales projected to begin mid-2026.

https://www.wjournalpr.com/business-gallery/sygnus-capital-provides-5-4-million-construction-loan-for-housing-development/article_17fee11f-6ec7-44cf-8203-1d4648664851.html

09 September

Beyond traditional financing: expanding access to capital through syndicated private credit structuring

By: Jesús Daniel Mattei, Vice President of Sygnus Capital Puerto Rico

Published: El Vocero de Puerto Rico (Link)

Puerto Rico’s business community continues to transform. More and more companies are seeking to optimize their capital structure, refinance legacy debt, or access funding for growth. However, even with the progress of our financial markets, many mid-sized and expanding companies face limitations when trying to obtain financing solutions that respond to their complexity and scale.

In this scenario, syndicated private credit structuring presents itself as an alternative to traditional financing. Although widely used in developed markets, in Puerto Rico they still represent an underexplored resource with great potential for impact.

A syndicated loan allows several financial institutions to jointly provide credit to the same client. This allows companies to access higher amounts of capital, spread the risk among different stakeholders, and negotiate flexible structures tailored to their needs. In practice, they are especially useful when credit from a single institution falls short or lacks the required flexibility.

The growth of private lending institutions has expanded the options for midsize companies seeking capital outside the traditional banking system. Private syndications, also known as Club Loans or Private Credit Syndications, are increasingly common. These can be structured as unitranche facilities, split-lien schemes, or combinations of asset-based loans with term loans.

Since these instruments are custom-designed, they require a level of planning beyond what traditional commercial banking typically offers. Therefore, banks are not always the ones who originate them. However, experience shows that many institutions are willing to participate once the structure is defined and the credit package is properly prepared.

Local firms such as Sygnus Capital Puerto Rico already have the infrastructure and expertise necessary to offer formal advice on the structuring and management of syndicated loans. This means that companies do not have to face the process alone or rely solely on external actors. The advice begins by identifying the real objective of the transaction, whether it is to refinance debt, recapitalize the balance sheet, or raise funds for expansion. It continues with the design of a clear and viable structure that defines the term, guarantees, covenants, and risk distribution. It culminates with the presentation of the proposal to several financial institutions, generating a competitive environment that increases the client’s options.

The value of this model can be summed up in three key aspects. First, it brings clarity to the process, helping the company precisely define what it needs. Second, it ensures customization, because each transaction is tailored to the specific needs of the client and their industry. And third, it fosters competition, since involving multiple entities generates different offers, giving the client greater control over terms and conditions.

In a market like Puerto Rico, where access to capital can still feel limited, syndicated private credit structuring offers a path to new opportunities. They allow for a shift from bilateral negotiations with a single bank to a comprehensive and coordinated approach that connects companies with a broader range of financial resources.

This model also represents an opportunity for the broader ecosystem. Banks, advisors, investors, and business leaders can benefit from a more collaborative and transparent framework, where capital is better aligned with the goals of each business. As local capacity to advise and execute these transactions continues to strengthen, the efficiency and impact of each transaction on the economy will also increase.

At Sygnus, we understand that this is a step forward not only for our firm, but also for the country’s financial development. The more tools we have to connect capital with opportunities, the more resilient, dynamic, and competitive Puerto Rico’s economic ecosystem will be.

01 August

Centric: Discover the new residential project being developed in the heart of Ponce.

The design of Centric Contemporary Urban Residences in Ponce includes high-end finishes both inside and outside the units.

Puerto Rican investors lead the way in offering contemporary homes

With a contemporary design that seeks to captivate families and professionals living in southern Puerto Rico, the Centric Contemporary Urban Residences project was born in Ponce.

25 June

Sygnus Capital seeks to position itself as a capital access option for renewable energy companies.

Sygnus Capital Puerto Rico has been trying to enter the renewable energy sector for years, said James Connor, CEO of the alternative investment firm.

The investment firm has just closed its first solar energy loan to Pura Energía for $10 million.

Alternative financing firm Sygnus Capital Puerto Rico is seeking to position itself as a capital access option for renewable energy companies in the face of the void left by the withdrawal of federal funding for projects in this sector, reported James Connor, the company’s chief executive officer (CEO).

Source: El Nuevo Dia

31 March

Sygnus Capital expands in Puerto Rico with M&A, advisory services

The new unit offers support to family-owned and midsized businesses with valuations, strategic planning and deal execution.

Sygnus Capital Puerto Rico has expanded its services with the launch of a new advisory unit focused on mergers and acquisitions (M&A) and corporate finance advisory.

The new Advisory Services Unit focuses on supporting privately owned small and medium-sized businesses, particularly family-owned enterprises, during key transitions.

“At Sygnus, we recognize the critical role that family businesses play in the local economy. Many of these businesses are at a crossroads, facing decisions about succession planning, business expansion, or potential sale,” said Jesús Daniel Mattei, vice president of Sygnus.

Sygnus offers tailored business valuation and strategic guidance to help owners maximize both financial and operational outcomes. The unit’s services include in-depth valuations and hands-on support throughout the M&A process, from early planning through deal execution.

“With our deep expertise in alternative investments and financial advisory, we are well-positioned to guide business owners through complex transactions, ensuring they achieve the best possible outcomes for their companies and legacies,” he said.

The firm says the new offering is designed to fill a gap in the market by delivering sophisticated financial guidance without the scale or bureaucracy of larger institutions. Sygnus expects the unit to contribute meaningfully to Puerto Rico’s evolving economic landscape.

Sygnus entered the Puerto Rico market through its acquisition and rebranding of Acrecent Financial. The firm’s services also include private credit, real estate financing, private equity and impact investing.

Source: News is my Business

28 August

Sygnus Capital makes US$6 million investment in Puerto Rico university

Sygnus Credit Investments Limited (SCI) will be turning deeper focus on impact investing going forward as it looks to have a greater social impact in the region while growing its private credit portfolio.

01 August

SYGNUS CAPITAL BOOSTS HIGHER EDUCATION IN PUERTO RICO WITH $6MILLION INVESTMENT IN ANA G. MENDEZ UNIVERSITY

Sygnus Capital PR LLC – a company under the Sygnus Group – a leading alternative investment firm in the Caribbean and Latin America, has made a significant impact in Puerto Rico’s education sector by injecting $6 million into the Ana G. Méndez University (AGMU). This investment will launch high-demand accredited programmes, such as dental medicine, veterinary medicine, and physical therapy, marking a milestone in the island’s educational landscape.

01 August

Sygnus Capital grants $6M to Ana G. Méndez university system

11 September

Acrecent Financial marks 20 years of supporting Puerto Rico SMEs

Acrecent Financial Corporation, a leader in financing solutions for small and medium-sized businesses in Puerto Rico, is pleased to announce its 20th anniversary, a moment to celebrate its contribution to the growth and strengthening of the local economy.

29 March

Sygnus Puerto Rico Launch

The Sygnus Team officially introduced the company to the Puerto Rican market on March 29, 2023 at the milestone event themed “Catalyzing Economic Growth Through Alternative Investments”. The partnership between Sygnus and Acrecent solidifies their vision of the growth of Alternative Investments across the region. The event brought together industry leaders, finance and investment experts, investors and entrepreneurs to discuss the opportunities for alternative investments and capital markets in Puerto Rico.

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