BMC Capital Provides $625,000 Loan for Jiffy Lube Building in Humble, Texas

August 10, 2006 (PRLEAP.COM) Business News
Dallas, Texas — BMC Capital announced that it originated a $625,000 loan for the acquisition of a building housing a Jiffy Lube at 1900 FM 1960 Bypass Road East in Humble, Texas, a northern suburb of Houston.

Shawn Givens, a loan officer at BMC’s headquarters in Dallas, originated the 65% LTV loan, which features a 5-year fixed-rate term and a 30-year amortization. John Glass of Marcus and Millichap represented the seller and Scott McDonald of Coldwell Banker Commercial represented the Utah-based buyer.

BMC Capital is a leading lender for the single-tenant retail property sector nationwide and anticipates originating at least 150 such transactions in 2006.

About BMC Capital, LP

BMC Capital, LP is the country’s leading specialist in providing multi-family, retail, commercial, and SBA 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
4514 Cole Ave, Suite 750
Dallas, TX 75205

(214)526-7178
jmorris@bmccapital.com
www.bmccapital.com

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