BMC Capital To Open New Phoenix Office

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Dallas, TX, May 1, 2004 Â? BMC Capital, LP today announced the opening of its Phoenix office, for multi-family and commercial mortgage origination. This expansion represents a further strengthening of BMCÂ?s position as the nationÂ?s top commercial mortgage broker for the $500,000 to $5,000,000 sector.

family and commercial mortgage origination. This expansion represents a further strengthening of BMC’s position as the nation’s top commercial mortgage broker for the $500,000 to $5,000,000 sector.

BMC's Phoenix office will be headed by Susanna Reust and Jason Cooney. Keith Van Arsdale, BMC's Southwest Director comments, "Susanna and Jason are two of the best known originators in Arizona. Having these two market leaders start BMC’s Phoenix office will give us a major head start toward our goals."

The Phoenix expansion enables BMC to extend its lead in the small scale, multi-family and commercial mortgage sector.

About BMC Capital, LP:

BMC Capital is the country’s leading provider of multi-family, NNN and commercial mortgages in the $500,000 to $5 million range. Headquartered in Dallas, BMC has offices around the country and finances real estate in all 50 States.

For more information on BMC, contact:

    Jonathan Morris

    President

    4514 Cole Ave, Suite 750

    Dallas, TX 75205

    (214)526-7178

    jmorris@bmccapital.com

Or visit http://www.bmccapital.com

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Jonathan Morris