BMC Capital Arranges $7.7M in Financing for Houston Multifamily Property

by Taylor Williams

HOUSTON — BMC Capital has arranged $7.7 million in financing for an unnamed multifamily property in Houston. The debt was structured with an interest rate of 6.16 percent, a 54 percent loan-to-value ratio, 10-year term and a 30-year amortization schedule. Keith Van Arsdale led the BMC team on the transaction. The direct lender and borrower were also not disclosed.

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