BMC CAPITAL ORIGINATES $2.9 MILLION LOAN
NEW YORK CITY — BMC Capital has originated a $2.9 million loan for the refinancing of the President Apartments in Brooklyn, New York City. Located in the Crown Heights South neighborhood, the complex contains three multifamily buildings. The loan has a 65 percent loan-to-value with a 5-year fixed rate interest. The borrower was undisclosed.