BMC Capital Provides $962,000 Loan for Acquisition of McAlister’s Deli in Texarkana, TX
June 14, 2007 (PRLEAP.COM) Business NewsDallas, Texas — BMC Capital announced on June 12, 2007, that it originated a $962,000 loan for the acquisition of McAlister’s Deli, a single-tenant retail property located on 5001 Cowhorn Creek Road in Texarkana, TX.
“We were able to provide a very attractive loan with 2 years of interest only fixed for 10 years on a 65% loan-to-value mortgage with a 30-year amortization,” says Shawn Givens, a Loan Officer at BMC Capital’s Dallas headquarters.
BMC Capital is a leading lender for small-balance retail loans in the Southwest Region 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, with funding capabilities up to $100 million per loan transaction. Headquartered in Dallas, BMC Capital has offices around the country and finances real estate in all 50 states.