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SAN ANGELO, TEXAS — BMC Capital has arranged a $1.8 million loan for the cash-out refinancing of an unnamed multifamily property located in the West Texas city of San Angelo. The loan was structured with a 10-year term, a fixed interest rate of 6.59 percent, a 65 percent loan-to-value ratio (LTV) and two years of interest-only payments followed by a 30-year amortization schedule. The borrower and direct lender were also not disclosed.