Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.
Latest NewsMikiyon Alexander, director, is the business sector leader for the U.S. Public Finance Ratings group, focusing on multifamily housing including privatized real estate, tax-exempt housing, and government-sponsored-entity programs. Mikiyon is responsible for criteria development, providing credit analysis for new municipal tax-exempt state and local government transactions and federal lease issues, and chairing credit committees. Mikiyon manages a team of credit professionals who provide ratings and credit analysis on letters of credit and tax-exempt housing. He also has experience with international military housing deals. Prior to joining the credit rating industry, Mikiyon was experienced and proficient in developing financial models for non-profit organizations. He has provided financial viability analysis to non-profit organizations in New York City who were interested in developing affordable housing as well as for organizations interested in embarking in public/private ventures. Mikiyon earned a Bachelor of Arts in Public Administration from Kentucky State University and a Masters of Urban Policy Analysis from The New School University. He holds a Certificate in Finance from The New School Universitys Robert J. Milano Graduate School of Management and Urban Policy. Mikiyon is a member of the Municipal Analyst Group of New York, the National Association of Housing and Redevelopment Officials, and the National Council of State Housing Agencies. In 2011 Mikiyon was featured in The Network Journal as one of the 40 Under-Forty Black Achievers.
Frank Monfalcone is Director in the Private Placement Group at MetLife. Sectors covered include Pulp and Paper, Chemicals, Business Services and Government related transactions which include Military Housing and GSA Credit Tenant Leases. He currently manages over $2.0 billion in Military Housing assets.Frank also has experience in the Work-Out Unit at MetLife. Prior to joining MetLife in 1996, Frank worked as a Relationship Manager at Scotiabank in NYC. He has an MBA in Finance from New York University and a BS in Chemical Engineering from Drexel University.
Alan D. King is the Director, Energy Partnerships in the Office of the Assistant Secretary of the Army for Installation and Environment. In this role Mr King has oversight of all renewable and alternative energy projects that are executed under a Public Private Partnership. He guides the Armys approach to energy projects and partnerships without negatively impacting core training and readiness missions of the installation. Mr King started working this position 1 March 2010. Mr. King has 27 years of experience as a governmental service employee with intimate knowledge of Department of Defense, installation hierarchy, installation management and strategic planning processes. Mr King has served on the Army Staff as a Program Manager in the Office of the Assistant Chief of Staff for Installation Management where he was one of the co-founders of the Enhanced Use Lease program. Mr King interfaces with congressional staffers on the benefits of private sector development on federal properties.
Mr. Caputo has real estate development and asset management responsibilities for Clark Realty. Since joining Clark in 2000 he has been involved in the development and acquisition of approximately $750 million of real estate and the asset management of its $4.0 billion military and market rate housing portfolio.Prior to joining the Clark Realty team, Mr. Caputo was a Senior Vice President with a large Chicago-based real estate property management and development company where he was involved in development, acquisitions and property management operations.
David Rozen is the Vice President of Finance for Picerne Military Housing and has over 15 years of Fixed Income and Real Estate Development Experience. Since joining the company in 2004 he has been responsible for all financial aspects of Picernes nearly 20,000 unit portfolio including the $1.4 billion in debt outstanding and $700 million in invested capital. His extensive Military Housing background includes the procurement and acquisition of over 12,000 units, raising $675 million in private placement and municipal financing, and multiple restructurings and workouts.Prior to joining Picerne, he worked as a Senior Vice President for a major real estate developer in Silicon Valley. In this role he was responsible for project financing and refinancing in both commercial and residential real estate. For 5 years prior to that, David was an Institutional Fixed Income Trader of Municipal Securities for Fidelity Investments. Mr. Rozen holds both a BA and an MBA from Boston University with a concentration in Finance.
James has held Municipal Sales related roles for 30+ years, mostly with Lehman Brothers (1987-2008). He co-led the marketing effort for Municipal Structured Products at Lehman Brothers from 2004-2008. For the last 10 years, James has been focused more on structured transactions, such as Military Housing.James has an undergraduate degree from Princeton University.
Chetan Marfatia is the founder of Fixed Income Investors Credit Services. Mr. Marfatia goal in launching FiiCS is to create an independent credit, structuring and advisory company offering comprehensive analysis and insight into the Military Housing Privatization sector. Mr. Marfatia, who has 22 years of experience in the taxable and tax-exempt affordable housing finance industry, including the last 12 years at Ambac Assurance Corp., was an instrumental player in the development of the Military Housing Privatization sector over the past decade. While at Ambac, Mr. Marfatia successfully structured $8 billion in financings in the military housing sector, involving over 50 separate military installations across all service branches. He maintains extensive, longstanding relationships with industry participants, including developers, investment bankers, property managers, construction consultants, and loan servicers, providing FiiCS with virtually unfettered access to sources of information regarding industry trends and financial and operating disclosure.Prior to launching FiiCS, Mr. Marfatia was a Managing Director at Ambac Assurance Corp. and Head of their Housing Finance Group. Mr. Marfatia primary expertise is in assessing credit risk and structuring transactions in the military housing sector. Mr. Marfatia is also an authority at evaluating credit risk for a variety of other structures, such as mortgage revenue bonds secured by whole loan pools or Federal agency mortgage-backed securities, privatized student housing bonds for colleges and universities, FHA-insured, Section 8-subsidized multi-family housing bonds and affordable housing bonds. While at Ambac, he was responsible for credit and underwriting analysis, transaction origination and all marketing relationships within the above noted sectors. In total, Mr. Marfatia oversaw a portfolio of approximately $11 billion in the Military Housing, Affordable Housing and State Agency Housing sectors. Mr. Marfatia developed Ambacs risk criteria in the Military Housing Privatization sector which was utilized in the underwriting of all their financings.Prior to joining Ambac in 1998, Mr. Marfatia worked as an investment banker in the municipal finance industry. For four years he was a Vice President in the Municipal Bond Department at Lehman Brothers and for two years he was an Analyst in the Public Finance Division at Donaldson, Lufkin & Jenrette. As an investment banker in municipal finance, Mr. Marfatia has significant transactional experience with a wide range of municipal housing issuers across the country. Mr. Marfatia also spent four years at MBIA from 1988 to 1992.Mr. Marfatia holds a Bachelor of Arts in Economics and History from the State University of New York at Stony Brook.

