BMC Capital Acquires NMB Capital to Move into Palm Beach
November 07, 2007 (PRLEAP.COM) Business News
BMC Capital, LP today announced the acquisition of NMB Capital in Palm Beach, FL. The employees of NMB Capital will remain with the company and now operate BMC Capital’s new Palm Beach office. This expansion represents a further strengthening of BMC’s position as the nation’s top commercial mortgage originator for the $500,000 to $5,000,000 sector.BMC Capital’s Palm Beach office will be headed by Brent Eddy and Ted Taylor. Jonathan Morris, BMC Capital’s President comments, "Ted Taylor and Brent Eddy are two of the most successful and best known loan originators in the Palm Beach region. Having them head BMC’s Palm Beach office will give us a major head start toward our goal of becoming the leading provider in the market." Brent Eddy explains, “We are excited to bring the resources, marketing, and programs of BMC Capital to the Palm Beach area. We have seen strong demand from the local customer base and anticipate we will quickly achieve strong market in the area.”
This expansion enables BMC to extend its lead in the small scale, multi-family and commercial mortgage sector. In addition to adding to its revenue base, the opening also provides BMC with several new proprietary relationships.
About BMC Capital, LP
BMC Capital, LP is the country’s leading provider of multi-family, commercial, and owner/user real estate loans in the 500,000 to $5 million range. Headquartered in Dallas, BMC Capital has offices around the country and finances real estate in all 50 States.