Dallas, TX -- (ReleaseWire) -- 09/11/2007 -- BMC Capital announced on August 22, 2007, that it originated an $800,000 loan for the refinance of AutoZone, a single-tenant retail property located at 2160 El Camino Avenue in Sacramento, CA.
“Despite having only 4-years remaining on the lease, we were able to arrange a 30-year fixed, fully amortized loan,” says Eric Relos, a loan officer at BMC Capital’s San Francisco office.
BMC Capital is a leading lender for small-tenant commercial retail loans nationwide 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.