BMC Capital Provides $1.5M Loan for a Hotel Property in Albuquerque, N.M.

November 05, 2006 (PRLEAP.COM) Business News
Dallas, Texas — BMC Capital announced that it originated a $1.5 million loan for the acquisition of a Microtel Inn and Suites, a 51-room hotel located at 9910 Avalon Road N.W. in Albuquerque, N.M.

Leah Alberti, a vice president at BMC Capital’s Scottsdale office, provided the New Mexico borrowers with a 25-year loan at a 68% loan to value. The loan also featured an SBA component coordinated by BMC Capital.

BMC Capital is a leading lender for small-balance hospitality loans nationally and anticipates originating at least 50 such transactions in 2006.

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

Leah Alberti
Vice President
6750 East Redbird Road
Scottsdale, AZ 85262

(480) 513-4191
lalberti@bmccapital.com
www.bmccapital.com


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