Chicago, IL, December 19, 2008 --(PR.com
)-- Beacon Realty Capital, a commercial real estate financial services firm, announced a $6.3 million refinancing for an Illinois borrower on Oak Creek Plaza, a 200,000 square-foot retail center located in Mundelein, Ill. The five-year fixed rate term loan closed in October 2008 and was funded through a life insurance company.
Beacon Realty Capital
Beacon Realty Capital is a Chicago-based national commercial real estate financial services company that arranges debt and equity financing for new and existing projects, advises on the acquisition and disposition of real estate assets, and provides commercial loan servicing for correspondents. Since its founding, the firm has closed debt and equity financings totaling more than $5 billion.