PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: GMAC Real Estate IPG

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ReCap Secures 100% Construction Financing for Developer - Another successful multi-million dollar loan has been financed by Real Estate Capital of America (ReCap). The construction loan will finance the development of a new Staten Island strip mall project - ReCapAm.com
ReCap Secures 100% Construction Financing for Developer

 

NewswireToday - /newswire/ - New York, NY, United States, 2008/01/07 - Another successful multi-million dollar loan has been financed by Real Estate Capital of America (ReCap). The construction loan will finance the development of a new Staten Island strip mall project - ReCapAm.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Real Estate Capital of America (ReCap) recently secured a $5M construction loan for a Staten Island strip mall project. The development, which had been on hold for about six years due to a lack in funding, had been a long and difficult process before ReCap. “The client simply had worked with too many inexperienced brokers – very few of which understood how to structure a deal on a land lease,” said Johnny Su, COO of ReCap, who worked on the loan.

ReCap, a boutique mortgage firm, has vast expertise in creative financial solutions which helped the client acquire the financial resources required to complete the project. Once finished, the new shopping center will be one the largest developments in Staten Island. It will consist of a Wendy’s and several other retail stores.

“Other commercial lenders looked at this deal and just passed on it,” said Su. “When the client came to us, he expected nothing short of a hard-money loan due to past negative experiences, but we were able to completely restructure the deal,” said CEO of ReCap, Tomer Dicturel, “making another ‘impossible’ loan possible.” Dicturel also assisted with the loan.

ReCap has helped other businesses find financing with constraints such as those short time frames, credit issues, or high leverage transactions. “We specialize in challenges of the difficult loans because that is how we distinguish ourselves from our inexperienced competition,” said Dicturel. "This is our expertise," he added.

Real Estate Capital of America, Inc. (recapam.com) is a prominent finance boutique assembled by distinguished experts. The professionals at ReCap assist their customers throughout the entire loan process. Their commitment to service and excellence keep customers satisfied. They in turn continue to refer ReCap services to their colleagues. "We work hard to provide the best financing in complicated deals," adds Dicturel, "We succeed where others fail."

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: GMAC Real Estate IPG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


ReCap Secures 100% Construction Financing for Developer

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Sara Faura - GMACRealEstateIPG.com 
857-204-4820 sfaura[.]gmacrealestateipg.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any GMAC Real Estate IPG securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From GMAC Real Estate IPG / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico
TRA Searches for TPA Acquisition Opportunities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)