BMC Capital Provides $500,000 Loan for the Acquisition of Hardees-Shippen Restaurant in Madison, AL

Dallas, TX -- (ReleaseWire) -- 06/19/2007 -- BMC Capital announced on May 29, 2007, that it closed a $500,000 loan for the acquisition of Hardees’s Restaurant, a single-tenant retail property located at 8827 Highway 20 West in Madison, AL.

“The California investor requested financing to purchase a well located and performing Hardee’s restaurant as part of his 1031 exchange. The investor had a long standing relationship with a California mortgage professional but was happy to move his business over to BMC Capital where we provided a 30-year fixed rate loan amortized over a 30-year schedule through our in-house program BMC Direct. The fixed rate and amortization period was impressive given the length of the time remaining on the underlying lease,” said Steve Sieling, a Vice President at BMC Capital’s Dallas headquarters.

BMC Capital is a leading lender for small-balance single-tenant 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.

Media Relations Contact

Jonathan Morris
President
BMC Capital, LP
214-526-7178
http://www.bmccapital.com

View this press release online at: http://rwire.com/12354