Beacon Realty Capital Closes More Than $97 Million in Self-Storage Loan Transactions in First Half of 2007

Chicago, IL, August 18, 2007 --(PR.com)-- Beacon Realty Capital, a Chicago-based commercial real estate financial services firm with a specialized self-storage lending group, announced it closed $97.2 million in 28 separate self-storage property transactions in the first half of calendar year 2007.

Beacon completed these self-storage property transactions in 18 states: Alabama, Georgia, Texas, Indiana, Illinois, Louisiana, California, Utah, Florida, Vermont, New Jersey, Tennessee, Minnesota, Wisconsin, Michigan, Ohio, Massachusetts and Arizona. Through a competitive proposal process designed to achieve the best financing solution for each client, Beacon’s self-storage team utilized eight different lenders to complete these loans.

The financing structures for these debt transactions included: permanent, earn outs, bridge and construction loan types. The individual transactions ranged from $770,000 to $13.2 million.

Despite current interest rate and capital market volatility, Beacon continues to market, negotiate and close loan transactions nationwide with a large number of national lenders. Using its resources and connections, the firm is actively supporting property owners with their financing needs.

Beacon Realty Capital
Beacon Realty Capital is a Chicago-based commercial real estate financial services company that arranges debt and equity financing for new and existing commercial and multifamily projects, advises on the acquisition and disposition of real estate assets, and provides commercial loan servicing for correspondents. In 2006, the firm closed debt and equity financings totaling more than $683 million.

###