Beacon Realty Capital Arranges $44.5 Million of Transactions
Chicago, IL, March 26, 2009 --(PR.com)-- Beacon Realty Capital, a commercial real estate financial services firm, arranged $44.5 million in financing transactions since the beginning of 2009.
The firm announced it arranged $20.6 million in permanent fixed-rate debt for the acquisition of thirteen medical office buildings located in Decatur, Illinois. The five-year fixed-rate term loan was funded through a national bank.
Also recently announced, Beacon arranged and closed $5.4 million of bridge financing for The Shoppes of Metropolitan Tower which includes 36,000 SF of prime retail space at the base of Metropolitan Tower, a major luxury condominium development located in Downtown Chicago. Funding execution was arranged with a Chicago-area bank.
$15.3 million in permanent financing was arranged by Beacon for the refinance of eight retail and office properties located in Geneva and St. Charles, Illinois. Beacon arranged the five-year fixed-rate loan using a regional bank.
Beacon recently closed a $2.3 million refinancing transaction for a 53,000 square-foot self-storage facility located in San Antonio, Texas. The five-year fixed-rate loan was arranged using credit union financing.
Beacon also recently arranged $890,000 in fixed-rate permanent financing for a 24-unit apartment complex located in Green Bay, Wisconsin. Beacon arranged the five-year loan using a regional bank.
Beacon Realty Capital
Beacon Realty Capital is a Chicago-based national commercial real estate financial services company that arranges debt and equity financing for new and existing projects, advises on the acquisition and disposition of real estate assets, and provides commercial loan servicing for correspondents. Since its founding, the firm has closed debt and equity financings totaling more than $5 billion.
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The firm announced it arranged $20.6 million in permanent fixed-rate debt for the acquisition of thirteen medical office buildings located in Decatur, Illinois. The five-year fixed-rate term loan was funded through a national bank.
Also recently announced, Beacon arranged and closed $5.4 million of bridge financing for The Shoppes of Metropolitan Tower which includes 36,000 SF of prime retail space at the base of Metropolitan Tower, a major luxury condominium development located in Downtown Chicago. Funding execution was arranged with a Chicago-area bank.
$15.3 million in permanent financing was arranged by Beacon for the refinance of eight retail and office properties located in Geneva and St. Charles, Illinois. Beacon arranged the five-year fixed-rate loan using a regional bank.
Beacon recently closed a $2.3 million refinancing transaction for a 53,000 square-foot self-storage facility located in San Antonio, Texas. The five-year fixed-rate loan was arranged using credit union financing.
Beacon also recently arranged $890,000 in fixed-rate permanent financing for a 24-unit apartment complex located in Green Bay, Wisconsin. Beacon arranged the five-year loan using a regional bank.
Beacon Realty Capital
Beacon Realty Capital is a Chicago-based national commercial real estate financial services company that arranges debt and equity financing for new and existing projects, advises on the acquisition and disposition of real estate assets, and provides commercial loan servicing for correspondents. Since its founding, the firm has closed debt and equity financings totaling more than $5 billion.
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Contact
Beacon Realty Capital, Inc.
Kathryn Gremban
(312) 207-3510
www.beaconrealtycapital.com
Contact
Kathryn Gremban
(312) 207-3510
www.beaconrealtycapital.com
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