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    <title>BMC Construction Lending - Latest Press Releases on ReleaseWire</title>
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      <title>BMC Construction Lending Provides $1.675M and $3.350M Bridge Loans for Storage Facilities in Dallas and Grand Prairie, Texas</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">BMC Construction Lending Provides $1.675M and $3.350M Bridge Loans for Storage Plus Facilities located in Dallas and Grand Prairie, Texas.
</p><p>Dallas, TX -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 01/25/2007 --  BMC Construction Lending announced that it originated a $1,675,000 bridge loan for Storage Plus of North Arlington. Improvements consist of a 540 unit storage facility on 3.2 acres located on Hwy. 360 in Grand Prairie.  In a related transaction, BMC Construction lending also originated a $3,350,000 bridge loan for a Storage Plus facility located on Preston Rd., just South of Hwy. 190 (George Bush Turnpike).  Improvements for this property consist of a 958 unit self storage facility on 4.2 acres.  Both properties were developed and are owned by 5B Investments, Inc. a realty development company headquartered in Sun Valley, Idaho. <br />
<br />
About BMC Construction Lending<br />
<br />
BMC Construction Lending is a real estate lender who provides construction, bridge and mezzanine loans in the $2 to $25 million range.  Headquartered in Dallas, BMC Construction Lending finances real estate in all 50 states.<br />
<br />
For more information on BMC Construction Lending, contact:<br />
<br />
John O&apos;Shea<br />
CEO, BMC Construction Lending <br />
3100 Monticello Avenue, Suite 400<br />
Dallas, TX 75205<br />
<br />
214-580-3154<br />
joshea@bmccl.com<br />
www.bmccl.com<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>John O&apos;Shea<br />CEO<br />BMC Construction Lending<br />Telephone: 214-580-1120<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/10200">Click to Email John O&amp;#039;Shea</a><br />Web: <a rel="nofollow" href="http://www.bmccl.com">http://www.bmccl.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=10200&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 25 Jan 2007 07:05:58 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>BMC Construction Lending Provides its Inaugural Loan of $1.2M for a Property in Dripping Springs, Texas</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">BMC Construction Lending originated its inaugural loan</p><p>Dallas, TX -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 12/04/2006 --  Newly founded BMC Construction Lending announced on Tuesday, November 21, 2006, that it originated its inaugural loan.  The $1.2 million loan will function as a bridge loan for raw land located at Sawyer 290 Crossing in Dripping Springs, Texas.  The property is a 10-acre site with excellent frontage along Sawyer Ranch Road and US Hwy 290.<br />
<br />
 "Originating its first loan in just over 30 days shows that BMC Construction Lending has made great progress in a short time," says John O&apos; Shea, CEO of BMC Construction Lending.  The loan was originated for a Texas borrower who plans to build a retail center on the property in the near future.<br />
<br />
"We&apos;ll work with this client to provide a loan for the next phase of construction in 90 days," says O&apos;Shea.  "We&apos;re ecstatic to have completed our first deal and look forward to closing many more."<br />
<br />
About BMC Construction Lending<br />
<br />
BMC Construction Lending is a real estate lender who provides construction, bridge and mezzanine loans in the $2 to $25 million range.  Headquartered in Dallas, BMC Construction Lending finances real estate in all 50 states.<br />
<br />
For more information on BMC Construction Lending, contact:<br />
<br />
John O&apos;Shea<br />
CEO, BMC Construction Lending <br />
3100 Monticello Avenue, Suite 400<br />
Dallas, TX 75205<br />
<br />
214.526.7178<br />
joshea@bmccl.com<br />
www.bmccl.com<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>John O&apos;Shea<br />CEO<br />BMC Construction Lending<br />Telephone: 214.526.7178<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/9301">Click to Email John O&amp;#039;Shea</a><br />Web: <a rel="nofollow" href="http://www.bmccl.com">http://www.bmccl.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=9301&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 04 Dec 2006 12:30:11 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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