BMC Capital Provides $1.9M Loan for a Multifamily Property in Pittsburg, Kan.

Dallas, Texas — BMC Capital announced on Wednesday, January 3, 2007, that it originated a $1.9 million construction take-out loan for The Seasons on Joplin, a 42-unit apartment complex located at 2301 S. Joplin Street in Pittsburg, Kan.

Mason Whitehead, a loan officer at BMC Capital’s Dallas headquarters, provided the Kan. borrower with a 10-year fixed rate on an 80% loan-to-value mortgage. The loan also carries a 30-year amortization.

BMC Capital is a leading lender for small-balance multifamily loans in the Midwest and anticipates originating at least 200 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. 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

Mason Whitehead
Loan Officer
3100 Monticello Avenue, Suite 400
Dallas, TX 75205

214.526.7178
mwhitehead@bmccapital.com
www.bmccapital.com