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Sources Of Financing
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Sources Of Financing Cornerstone Capital (614-761-3812) provided permanent financing through a 144a private placement of $142 million secured by real estate located throughout the U.S. and leased to Walgreen Co.
BMC Capital (214-526-7178) provides funds for acquisitions, construction, refinances, renovation and owner-occupied SBA. The company provides loan LTVs up to 75% and terms up to 25 years with non-recourse and recourse options. There are low or no pre-pay penalties, assumable financing and construction loans. The company offers loans from $500,000 to $10 million.
Bison Financial (727-289-4400) closed on a $1.75 million loan to refinance existing higher interest rate mortgage debt on a 38,300 sq.ft. Fort Myers, FL neighborhood retail strip center. Tenants include a 25,300 sq.ft. telemarketing call center and a mix of Mom & Pop local businesses.
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