Newport Beach, CA (PRWEB) April 22, 2012
“Beech Street Capital is extremely excited to be strategically aligned with Acer Capital Group. Leveraging Beech’s multifamily expertise in the agency debt finance market will compliment Acer’s product offering,” quoted Mr. Gregory I. Reed, Sr. Vice President of Beech Street Capital. ACG added, "Teaming up with a company like BSC allows us not only to underwrite our multifamily bridge loans with a viable exit in mind, but also enables us to provide a low cost, long-term source of capital. We decided to partner with BSC because of their stellar executive staff and what they’ve been able to do in a very short period of time,” quoted Mr. Paul A. Garcia, Managing Partner of ACG Companies.
About Beech Street Capital.
Beech Street Capital (BSC) http://www.beechstcap.com is a commercial lending company with acknowledged expertise in multifamily financing. Lending products and programs from Fannie Mae, Freddie Mac, and FHA provide borrowers with optimal choices. A streamlined team of experienced multifamily mortgage makers delivers apartment financing smoothly, quickly, and with certainty.
About Acer Capital Group
Acer Capital Group ("ACG") http://www.acgcompanies.com 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.
For more information, contact Pat Thomas at 949-484-4404 or email: pthomas(at)acgcomanies(dot)com