BMC CAPITAL ORIGINATES $2.04 MILLION IN FINANCING FOR MULTIFAMILY ACQUISITI

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HOUSTON — BMC Capital has originated a $2.04 million loan for the acquisition of Villa Nueva, a multifamily complex located at 827 Oak St. in Houston. A Utah-based private investor purchased the property from the undisclosed seller with the 5-year, fixed-rate loan. The 98-unit multifamily apartments includes laundry facilities on the property and is directly located on both metro and school bus lines.

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