Beacon Realty Capital Arranges Financing for Retail Center and FHA 202 Transaction

Chicago, IL, May 09, 2009 --(PR.com)-- In addition to arranging large debt and equity transactions, Beacon Realty Capital has been actively closing smaller loans for their clients. Recently, Beacon arranged and closed a $1.58 million loan on South Town Mall located in Ottawa, Illinois. South Town Mall is anchored by national tenants Office Max and Dollar General. The five-year loan was arranged with a Chicago-area bank.

Also recently announced, Beacon arranged and closed an $830,300 permanent FHA 202 fixed-rate loan through one of its correspondents for a 24-unit independent living facility located in Blue Earth, Minnesota. The high leverage, non-recourse loan includes a 35-year term and amortization.

Active during the economic downturn, Beacon Realty Capital continues to monitor the capital markets on a daily basis, constantly communicating with national, regional, and local capital sources to determine the best capital solutions for Beacon’s clients.

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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