SOURCE: SL Capital LLC

SL Capital LLC

January 31, 2012 11:44 ET

SL Capital Closes $7.5 Million Financing for Multifamily Acquisition

MIAMI, FL--(Marketwire - Jan 31, 2012) - SL Capital LLC (http://www.slcapmarkets.com), a full-service commercial mortgage banking firm, announces the close of a $7.5 million financing deal.

Per Michael Boggiano, President of SL Capital, the financing on the 343-unit multifamily complex located in Dallas, TX closed within 28 days. The bridge mortgage was arranged through one of SL Capital's institutional investor relationships.

The full-service commercial mortgage banking firm provides capital from $3 million to $200 million-plus. SL Capital offers a variety of national loan programs including CMBS, Multifamily Financing, Mezzanine Debt, Preferred Equity, Bridge Loans and senior financing for Nonperforming Notes. SL Capital is a correspondent lender for Cantor Commercial Real Estate, offering CMBS fixed- and floating-rate loans from $5 million to $200 million-plus for stabilized commercial properties including multifamily, office, retail, industrial, warehouse, self-storage, mobile home park, assisted living and hospitality. Program details are available on SL Capital's website, at www.slcapmarkets.com.

About SL Capital
SL Capital LLC
(www.slcapmarkets.com) is a national full-service commercial mortgage banking firm located in Miami, Florida, and affiliated company of the Lynd Company. Our experienced team has pooled decades of commercial real estate finance experience through many market cycles, to provide expertise and capital solutions to commercial real estate investors, bankers, mortgage brokers. With a national network of commercial lending relationships, SL Capital offers access to the most competitive capital sources for your financing needs, in a single, convenient source.

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