BMC Capital Provides $1.785M Loan for the Acquisition of Ryan’s Restaurant in Stockbridge, GA
May 27, 2007 (PRLEAP.COM) Business News
Dallas, Texas — BMC Capital announced on May 21, 2007, that it originated a $1,785,000 loan for the acquisition of Ryan’s Restaurant, a single-tenant retail property located on 5425 North Henry Boulevard in Stockbridge, GA .“We were able to provide a 5-year fixed rate mortgage on a 70% loan-to-value mortgage with a 30-year amortization,” says Colin Paterson, a loan officer at BMC Capital’s Sacramento office.
BMC Capital is a leading lender for small-balance commercial 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.