BMC Capital Arranges $9.4M Acquisition Loan for 250-Unit Multifamily Asset in San Angelo, Texas

by Taylor Williams

SAN ANGELO, TEXAS — BMC Capital has arranged a $9.4 million loan for the acquisition of a 250-unit multifamily property located in the West Texas city of San Angelo. The loan features an interest rate of approximately 4.5 percent, a 12-year term and a 30-year amortization schedule. Keith Van Arsdale of BMC Capital arranged the loan through an undisclosed agency relationship. The name of the property and borrower were also withheld.

 

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