BMC Capital, LP Announces Agreement to Merge with GS Capital

BMC Capital, LP. today announced a definitive agreement to merge with privately held GS Capital Funding. GS Capital is an established Anchorage, AK based commercial mortgage broker, specializing in multi-family, commercial, SBA, and construction loans. This move represents BMC’s first push into the Alaska market and positions it to become the leading player for its sector in the state. BMC is currently the nation’s top commercial mortgage broker for the $500,000 to $5,000,000 sector. The new entity will remain named BMC Capital, LP.

Dallas, TX (PRWEB) August 17, 2005 -– BMC Capital, LP. today announced a definitive agreement to merge with privately held GS Capital Funding. GS Capital is an established Anchorage, AK based commercial mortgage broker, specializing in multi-family, commercial, SBA, and construction loans. This move represents BMC’s first push into the Alaska market and positions it to become the leading player for its sector in the state. BMC is currently the nation’s top commercial mortgage broker for the $500,000 to $5,000,000 sector. The new entity will remain named BMC Capital, LP.

“We’re excited to revolutionize the small commercial lending market in Alaska. BMC’s wide array of competitive loan products will enable it to gain rapid market share in the state,” said Troy Stafford, President of GS Capital. Jonathan Morris, BMC’s President states, “GS Capital’s strong reputation and deep network within Alaska make it a perfect expansion platform for our growth into Alaska. We are eager to offer our products in this fast growing and underserved market. Our intention is to become the leading player in the Alaska market and I can think of no one better than Troy to lead this effort.”

This opportunity enables BMC to extend its lead in the small scale, multi-family and commercial mortgage sector. In addition to adding to its revenue base, the acquisition also provides BMC with several new proprietary lending relationships.

About BMC Capital, LP:
BMC Capital is the country’s leading provider of multi-family, commercial, and SBA 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
BMC Capital
214-526-7178

Troy Stafford
Vice President
BMC Capital (Anchorage)
907-334-6730

Or visit www.bmccapital.com

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