Beacon Realty Capital Closes More Than $35 Million in Self-Storage Loan Transactions in Third Quarter of 2007

Chicago, IL, October 24, 2007 --(PR.com)-- Despite capital market volatility, Beacon Realty Capital, a commercial real estate financial services firm with a specialized self-storage lending group, announced it closed $35.9 million in 12 separate self-storage property transactions in the third quarter of 2007.

Beacon completed these self-storage property transactions in 10 states: Alabama, California, Florida, Georgia, Illinois, Indiana, Massachusetts, Michigan, North Carolina and Texas. Utilizing its nationwide network of lending sources to achieve highly favorable terms for clients, Beacon’s self-storage team worked with six lenders to complete these loan transactions.

The financing structures for these debt and equity transactions included permanent and bridge loans, as well as two joint venture equity placements. The individual transactions ranged from $500,000 to $13.3 million.

Beacon Realty Capital
Beacon Realty Capital is a commercial real estate financial services company that arranges debt and equity financing for new and existing commercial and multifamily projects, advises on the acquisition and disposition of real estate assets, and provides commercial loan servicing for correspondents. In 2006, the firm closed debt and equity financings totaling more than $683 million.

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