secwatch.observer — SEC 8-K summary
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Issuer:     FIRSTSUN CAPITAL BANCORP (FSUN)
CIK:        0001709442
Form:       8-K
Filed at:   2026-06-05T20:52:46+00:00
Accession:  0001709442-26-000033
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FirstSun subsidiary closes $890M multifamily loan sale to Brookfield
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709442/000170944226000033/0001709442-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709442/000170944226000033/fcb-20260605.htm
  HTML page:      https://secwatch.observer/filing/0001709442-26-000033

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