BMC Capital Provides $1.6M Loan for a Walgreens Pharmacy in Houston, Texas

Dallas, Texas — BMC Capital announced that it originated a $1.6 million loan for the acquisition of a 13,500 sq. foot building housing a Walgreens at 9150 South Dairy Ashford Street in Houston, Texas.

Jack Sides, a loan officer at BMC Capital’s Dallas headquarters, originated a 62% loan-to-value mortgage featuring a very competitive 10-year fixed rate and five years of interest-only payments for a California borrower. The loan also featured a 30-year amortization. PMZ Commercial Real Estate represented the buyer. Marcus & Millichap represented the seller.

BMC Capital is a leading lender for small-balance single-tenant retail loans nationwide and anticipates originating at least 150 such transactions in 2006.

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. Headquartered in Dallas, BMC Capital has offices around the country and finances real estate in all 50 states.

For more information on BMC Capital, contact:

Jonathan Morris
President
3100 Monticello Avenue, Suite 400
Dallas, TX 75205

214.526.7178
jmorris@bmccapital.com
www.bmccapital.com

Jack Sides
Loan Officer
3100 Monticello Avenue, Suite 400
Dallas, TX 75205

214.526.7178
jsides@bmccapital.com
www.bmccapital.com

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