SOURCE: Omega Commercial Finance Corporation

Omega Commercial Finance Corporation

October 09, 2014 08:30 ET

Omega Commercial Finance Corporation Is a Dynamic Small Cap Growth Financial Holding Company

OCFN Financial Companies Are Diversified Within the Trillion Dollar CRE Lending Industry

MIAMI, FL--(Marketwired - Oct 9, 2014) - Omega Commercial Finance Corporation (PINKSHEETS: OCFN), a publicly traded financial holding company, announces its long term growth strategy through the acquisition and integration of various proven financial service-related companies that collectively synergize the overall value within OCFN.

As a result of the recent acquisition of AmericaVest CRE Mortgage Funding Trust, a coveted commercial real estate REIT platform lead by Nelson A. Garcia and Robert Damigella and the ongoing direct lending & CRE investment banking advisory platform of OCFN's operating subsidiary Omega Capital Street, led by CEO Eran Danino located at its 6,500 sq./ft. sprawling waterfront office space on prestigious Brickell Ave. in Miami, Florida, OCFN is now establishing itself as a dynamic small cap financial-services operation aggressively seeking to become a top regional financial holding company with a goal of trading on the NYSE by the end of 2015.

OCFN's wholly owned core subsidiaries focus on the origination and financing of commercial real estate property loans & high yielding asset back loans. Consequently, OCFN has built up an ideal $500-million pipeline of lending opportunities that is currently being vetted and tailored for a future capital markets allocation to directly fund these assets onto OCFN's consolidated balance sheet facilitated through its diverse umbrella of companies and lending products.

Ultimately OCFN's core strategy is to capitalize its balance sheet to support the various subsidiaries' lending operations. Hence, the proceeds will be exclusively allocated towards originating and financing tangible assets including commercial real estate properties such as office buildings, retail centers, hotels, apartment buildings, and light industrial properties that will be pledged as collateral to OCFN's Balance Sheet.

OCFN's Subsidiary Companies
OCFN, collectively along with its subsidiaries' management teams has a combined 150 years of experience and knowledge across its respective business lines. Key subsidiaries are Omega Capital Street, Omega Asset Backed Fund, Omega Factoring, Omega Venture Capital, and AmericaVest CRE Mortgage Funding Trust (REIT).

Safe Harbor
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Omega Commercial Finance Corp., its directors or its officers with respect to, among other things: (i) our expectations regarding revenues and earnings; (ii) our growth strategy and operating strategy; and (iii) our ability to attract new registered representatives. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," "project," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those projected in the forward-looking statements.

Contact Information

  • Omega Commercial Finance Corporation
    Investor Relations
    1-877-912-OCFN (6236) Ext. 0