BMC Capital Provides $648,000 Financing for Purchase of Ken Mar Apartments
BMC Capital announced today that it provided $648,000 in mortgage financing for the purchase of the 30 unit Ken Mar Apartments located at 910 Main Street in Pasadena, Texas. BMC Capital’s Houston office secured the financing with an 80% Loan-to-Value and an interest rate in the mid 6% range. BMC Capital is one of the leading originators of multi-family loans and commercial loans in Texas and funds more than one hundred loans in the state annually.
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