BMC Capital Provides $530,000 Loan for the Acquisition of Burger King in Wichita, KS
Dallas, TX -- (ReleaseWire) -- 01/30/2008 -- BMC Capital announced on January 28, 2008, that it originated a $530,000 loan for the acquisition of Burger King, a single-tenant retail property located at 2111 North Woodlawn Street in Wichita, KS.
“This is a NNN retail property and we were able to provide a 5-year fixed rate and a 25-year amortization at a very competitive rate,” says Colin Paterson, a loan officer at BMC Capital’s Sacramento office.
BMC Capital is a leading lender for small-balance single-tenant loans nationwide and anticipates originating at least 150 such transactions in 2008.
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.
Media Relations Contact
BMC Capital, LP
View this press release online at: http://rwire.com/15878