BMC Capital Provides $1.9M Loan for Campus Trails Apartments in Hattiesburg, MS
June 14, 2007 (PRLEAP.COM) Business NewsDallas, Texas — BMC Capital announced on June 11, 2007, that it originated a $1,902,000 loan for the refinance of Campus Trails Apartments, a 44-unit apartment complex located on Getaway Lane in Hattiesburg, MS.
“We were able to arrange a 15-year fixed, fully amortized loan for the refinance of this new complex,” says Bart Haddad, a Vice President at BMC Capital’s Hattiesburg office.
BMC Capital is a leading lender for small-balance multifamily loans in the Southwest 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.