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Follow on Google News | 6/10 Capital Advisors Finances Large Dallas Multi-Family Apartment PropertyJohn W. Herbert, Jr., Managing Director of 6/10 Capital Advisors, LLC, announces the closing of a Private Placement $2,850,000 Loan Participation in a $5,700,000 Bridge Loan secured by Mountain Valley Apartments, a 312-unit property located in Dallas
By: Tim Nissen Winter Haven, Florida-based 6/10 Capital Advisors, a wholly-owned subsidiary of the 6/10 Corporation, assists owners of multi-family apartment properties seeking new financing and restructuring of existing debt. The company maintains relationships with numerous banks, insurance companies, and other non-traditional institutional and private capital sources that are seeking real estate mortgage loan investments. These sources have agreed to assist 6/10 Capital Advisors to provide capital to property owners, easing the credit crunch plaguing the present marketplace. “Our ‘sweet spot’ in terms of transaction size is $1 – $15 million, although we have the capacity to handle much larger transactions,” For further information on the real estate financing services provided by 6/10 Capital Advisors, visit http://www.610capitaladvisors.com. About The 6/10 Corporation The 6/10 Corporation is a Winter Haven, Florida based investment company. Its primary holdings are Florida commercial real estate properties and private equity positions in Florida based operating companies. The 6/10 Corporation’ End
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