MJM Capital Group, Launches New Privately Funded Rehab Program for Commercial Real Estate Projects Nationwide
Scottsdale, AZ [July 31, 2008] - MJM Capital Group, a real estate financing and advisory firm based in Scottsdale, Arizona, is pleased to announce their new privately funded commercial rehab program. Understanding the complex capital markets and economic volatility present in today’s lending world, MJM has broadened their core financing focus. This new program will allow investors to move with the speed critical to executing on current opportunities in the “value add” commercial real estate investment sector.
“Until the capital markets return to a healthy state, we see a tremendous amount of opportunity in the marketplace for this program”, said Michael Timony, Principal and Managing Director of MJM.
The Rehab program will have more flexibility [up to 85% of purchase price] and a higher loan limit [$500,000 - $10 million] than previously offered. The program will consist of a dynamic hybrid lending model, a senior debt piece to acquire the property and a line of credit component for the rehab work [100% of costs].
“The focus of this program is based on the ability of the real estate investor to capitalize on opportunistic investments quickly, and subsequently develop an executable plan to increase the property valuation upon completion”, stated Jeffrey Dreyer, also a Principal and Managing Director of MJM.
MJM will continue to finance institutional and bank grade transactions but is confident this program will be well received in the marketplace.
MJM Capital Group, LLC, is a commercial real estate financing and advisory firm specializing in the structure of capital obtainment and equity negotiation.
The MJM commercial finance brand is unique, offering the capacity to finance all aspects of commercial development; acquisition and development, bridge, to permanent financing.
MJM seeks out the most cost - effective financial structure, regardless of transaction size, location, timing, or complexity. MJM is committed to exclusive Client representation, clearly positioned to leverage market knowledge, private and institutional banking relationships, to provide unbiased recommendations, solutions, and, most importantly, efficient service. It seeks project improvement, helping Clients achieve a sensible equilibrium among borrowing needs and investment goals.
More information about MJM Capital Group can be found at www.mjmcapitalgroup.com.
- Contact Information
- Jeffrey Dreyer
- Managing Director
- MJM Capital Group
- Contact via E-mail
This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.