ACG Chicago is Pleased to Announce its Successful Completion of Two Bank Note Purchases from Banco Popular, Chicago for $2,175,000

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After working with Banco Popular for almost six months, ACG Chicago office is able to successfully complete the purchase of two notes in Chicago. "When dealing with real estate in 2011, as a buyer, lender or even in an advisory role as we did here, you have to be deliberately strategic in order to be able to properly execute. At the end of the day...execution is the bottom line" said Charles Everhardt, Managing Director of ACG Chicago. The two purchases involve: * 700 North Green Street, Chicago,IL. 20,000 + sq. ft. Office Building. * 1255 North State Parkway, Chicago, IL. 7,600 + sq. ft. Commercial Condo.

After working with Banco Popular for almost six months, ACG Chicago office is able to successfully complete the purchase of two notes in Chicago.

"When dealing with real estate in 2011, as a buyer, lender or even in an advisory role as we did here, you have to be deliberately strategic in order to be able to properly execute. At the end of the day...execution is the bottom line" said Charles Everhardt, Managing Director of ACG Chicago.

The two purchases involve:

  • 700 North Green Street, Chicago,IL. 20,000 + sq. ft. Office Building.
  • 1255 North State Parkway, Chicago, IL. 7,600 + sq. ft. Commercial Condo.

ABOUT ACER CAPITAL GROUP

Acer Capital Group ("ACG") is a global holding company of Private Equity, foreign and domestic Funds in the business of deploying capital. Our Family of Funds have earned the reputation as a premier value added provider of capital. Our track record as an owner, lender and/or investor of real estate and securities has allowed us to create an unrivaled reputation for underwriting and understanding even the most complex of transactions.

The firm is headquartered in Irvine, California and maintains offices throughout the US and internationally. ACG, in its principal and advising banking and investing capacity, focuses on providing financing for transactions in a wide range of corporate and real estate projects of all types, Including but not limited to, retail, entertainment, multi-family, industrial, office, hospitality, land, mobile home and mixed-use.

Services include originating, evaluating, and structuring the transaction; preparing and underwriting the financing request package; assistance with negotiations and coordination of placement and closing process. Our track record of completed transactions speaks volumes in our ability to execute and deliver competitive and innovative debt, mezzanine and equity capital.

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Pat Thomas
Acer Capital Group
949-484-4404
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