ReleaseWire

BMC Capital announced that on Friday, June 30, 2006 it originated a $1,700,000 loan for the purchase of Carter East Apartments, a 64-unit complex with almost 48,640 rentable sq. ft. that sits on 3.7 acres, located at 530-534 Degler in Defiance, Ohio, a city in the western part of the state. The loan represents 85% of the purchase price and has a 10 year fixed rate in the mid 7% range with a 30 year amortization.

BMC Capital announced on Friday, June 30, 2006, that it originated two loans totaling $2,680,000 for the refinance and purchase of two apartment complexes in the Toledo area. Eastgate Apartments, a 44-unit complex with over 24,000 rentable sq. ft. that sits on 1.29 acres, is in Toledo proper. Hidden Valley Apartments, a 72-unit complex with almost 44,000 rentable sq. ft. that sits on 5.07 acres, is in Holland, a suburb of Toledo. Both properties were financed with rates in the mid 6% range with 80% LTV, a 10-year fixed rate and 30-year amortization.

In Sacramento, Placer and Eldorado Counties we see about ninety to one hundred net pending sales per day against an average of about two hundred and fifty to three hundred new listings. On average, there are greater than three hundred daily property price reductions, and for the last few days that number has eclipsed four hundred.

BMC Capital announced on Thursday July 6, 2006, that it originated a $600,000 loan for the purchase of Princeton Place Retail Shopping Center, a multi-tenant retail center with self-storage units on-site, in Princeton, Texas. This 9,342 sq. ft. shopping center and 4,000 sq. ft. storage facility is one of the few of its kind in this northern Texas community and was financed at 75% LTC.

BMC Capital announced on Tuesday, June 27, 2006, that it funded a $1,290,000 loan for the purchase of the building housing Appletree Learning Center located at 11770 Fulton Street SE, Lowell, Mich. The property was financed at a rate below 7%, with a 10 year fixed rate and a 30-year amortization. There were no reserves collected by the lender. The 10,569 sq. ft. property sits on a 1.96 acre lot and serves as one of the fewer than half-dozen listed child care facilities in this Grand Rapids suburb.

Shelby Township, Michigan Based Mortgage Lender Ken Towne reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Colorado Springs, Colorado Based Mortgage Lender Ivan Davidson reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Denver, Colorado Based Mortgage Lender Scott Jordan reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Wilmington, Delaware Based Mortgage Lender Michael Flowers reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Honolulu, Hawaii Based Mortgage Lender Elevila "Ellie" Giles reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Houston, Texas Based Mortgage Lender Kerrie Saeger reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Kissimmee, Florida Based Mortgage Lender Edward Fresneda reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Herndon, Virginia Based Mortgage Lender Karen DeMatteo reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Phoenix, Arizona Based Mortgage Lender Richard Shefferman reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Bangor, Maine Based Mortgage Lender DAVID ROBINSON reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Wayzata, Minnesota Based Mortgage Lender Jay Dacey reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Rancho Santa Margarita, California Based Mortgage Lender Chuck Rowan reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Nashville, Tennessee Based Mortgage Lender Mike Hoover reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Las Vegas, Nevada Based Mortgage Lender Jim Darwin reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Olympia, Washington Based Mortgage Lender Steve Fettig reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Winder, Georgia Based Mortgage Lender Carl Pruitt reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Howell, New Jersey Based Mortgage Lender John Bell reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Leah Alberti joined BMC Capital’s Phoenix office on Monday June 26, 2006, as a Vice President of loan origination. Alberti specializes in financing hotel and gas station real estate property and has had a successful 15-year tenure in the sector. In that time she has built a sizable client base and has earned numerous commendations for her excellent service. Alberti is considered one of the top five nationwide originators in small balance hotel lending.

Mount Airy, North Carolina Based Mortgage Lender Chip Bondurant reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Arlington Heights, Illinois Based Mortgage Lender Jack Sienkiewicz reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.