BMC Capital Provides $1.2M Loan for a Two-Tenant Retail Building in Rockford, Ill.

(PRLEAP.COM) Dallas, Texas — BMC Capital announced that it originated a $1.2 million loan for the acquisition of 2,450 sq. foot two-tenant retail property at 4980 S. Main Street in Rockford, Ill. The building’s two tenants are Road Ranger and Subway.

Shawn Givens, a loan officer at BMC Capital’s Dallas headquarters, provided the California borrower with a 10-year fixed rate on a 44% loan-to-value mortgage. The loan also carried a 25-year amortization and a minimal prepayment penalty. Joe Ramos of ACI Commercial represented the borrower. Rebecca Gittens of National Retail Properties, Inc. represented the seller.

BMC Capital is a leading lender for small-balance retail loans in nationwide and anticipates originating at least 150 such transactions in 2007.

About BMC Capital, LP

BMC Capital, LP is the country’s leading specialist for providing multifamily, commercial, owner/user and hospitality mortgage loans in the $500,000 to $5 million range. Headquartered in Dallas, BMC Capital has offices around the country and finances real estate in all 50 states.

For more information on BMC Capital, contact:

Jonathan Morris
President
3100 Monticello Avenue, Suite 400
Dallas, TX 75205

214.526.7178
jmorris@bmccapital.com
www.bmccapital.com

Shawn Givens
Loan Officer
3100 Monticello Avenue, Suite 400
Dallas, TX 75205

214.526.7178
sgivens@bmccapital.com
www.bmccapital.com

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