FirstSun subsidiary closes $890M multifamily loan sale to Brookfield

FIRSTSUN CAPITAL BANCORP

Sale of ~$890M performing multifamily CRE loans to Brookfield Asset Management entities closed June 4, 2026.
Proceeds will pay down high-cost brokered and non-brokered deposits acquired from First Foundation Bank.
Loan sale is part of balance sheet repositioning after First Foundation acquisition closed April 1, 2026.
Expects to complete remaining loan downsizing before end of Q2 2026; overall repositioning on track.
Stifel acted as sole structuring agent; Dechert LLP advised Bank; Kirkland & Ellis and Brownstein Hyatt advised Brookfield.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

FIRSTSUN CAPITAL BANCORP shareholders approved Ratification of appointment of Crowe LLP as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-05 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2026-06-05

Exact text from the filing

Proposal 2: Ratification of Appointment of Crowe LLP For Against Abstain Broker Non-Votes 39,147,792 20,764 3,544 —

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

FIRSTSUN CAPITAL BANCORP shareholders approved Election of seven directors to serve a one-year term ending at the 2027 annual meeting at the 2026-06-05 meeting.

Proposal: director election
Outcome: passed
Meeting: 2026-06-05

Exact text from the filing

Proposal 1: Election of Directors Director Nominee For Withheld Broker Non-Votes Sam Edelson 37,646,470 16,122 1,509,508 Henchy R. Enden 37,628,147 34,445 1,509,508 John S. Fleshood 37,047,578 615,014 1,509,508 Benjamin Mackovak 37,650,861 11,731 1,509,508 Peter E. Murphy 37,651,465 11,127 1,509,508 C. Allen Parker 37,649,737 12,855 1,509,508 Thomas C. Shafer 37,519,096 143,496 1,509,508

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Source: SEC EDGAR

accession 0001709442-26-000033

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