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BMC Capital Provides $2.1M Loan for Apartment Property in Orange

ORANGE, TEXAS — Tony Talamas of BMC Capital’s Houston office has arranged a $2.1 million non-recourse loan for the purchase of Cypress Cove Apartments, a 104-unit apartment property built in 1975 in Orange. The loan featured a five-year term with a 4.2 percent interest rate and a 30-year amortization schedule. The loan was arranged through one of BMC Capital’s correspondent agency relationships.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
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‣ Walker & Dunlop

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