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BMC Capital Provides 950000 Loan for a Multifamily Property in Fort...

BMC Capital announced on Thursday, October 5, 2006, that it originated a $950,000 loan for the refinance of the New Green Meadow Apartments, a 52-unit multifamily property located at 5959 Meadowbrook Drive in Fort Worth, Texas.



Josh Bailey, a loan officer at BMC Capital's8217;s Dallas Headquarters, originated the loan for the Fort Worth-based borrower. The transaction was funded at 75% loan to value with a 30-year loan term and included a five-year fixed rate with three years of interest only payments.



BMC Capital is a leading lender for small-balance multifamily loans in Texas and anticipates originating at least 100 such transactions in 2006.



About BMC Capital, LP



BMC Capital, LP is the country's8217;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

4514 Cole Ave, Suite 750

Dallas, TX 75205



(214) 526-7178

www.bmccapital.com

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