CRE Capital, Inc.

1777 North California Blvd., #300

Walnut Creek, CA 94596

fax 925-256-8600

http://www.crecapital.com

tdewar@crecapital.com

925-457-4011

925-457-4011

 

FOR IMMEDIATE RELEASE

CRE Capital, Inc. Arranges $8,000,000 Permanent Loan for Purchase of Anchored Retail Center in Sacramento, CA

Walnut Creek, CA
August 26, 2009

CRE Capital today announced the closing of an $8,000,000 financing for the Laguna Village Shopping Center. This fully occupied 117,920 s.f. center is located on the Sacramento City border with Elk Grove off US 99. The borrower purchased the center from Kimco, a large shopping center REIT. The financing is unique as the anchor tenants are a national theater chain and a national fitness club chain. With the assistance of the borrower and CRE Capital, Inc. the lender was able to get comfortable with the property and provide a quick and smooth closing. Umpqua Bank is the lender and the loan was originated out of their Sacramento office by Ed Jensen. Tom Dewar of CRE Capital, Inc. arranged the financing on behalf of the building owner.

About CRE Capital, Inc.

CRE Capital is a commercial mortgage brokerage firm founded to provide the best experience possible for owners financing their commercial properties. CRE Capital works to find the best financing available, close that financing in the shortest time possible, and insure the loan closes on the same terms as in the application. CRE Capital provides owners value by saving money, time and energy using the industries best tools and focusing completely on closing on time, on budget and on the best terms.

The company was an early adaptor of the internet as a tool to solve problems borrowers often face when hiring a broker. The broker's traditional role as intermediary often leads to frustration as borrowers struggle to determine what is best for them. CRE Capital removes the stress by representing borrowers and making the process transparent. The delivery system is award winning software developed by CRE Capital to open and to automate the financing process. The increased efficiency allows CRE Capital to manage more lender relationships, obtain better financing, and close faster with fewer problems.

Award Winning Software

RealComm awarded CRE Capital, Inc. the 2003 Digie Award Winner for Commercial Lending.  CRE Capital received the award for the best use of the internet.  Each year, Realcomm recognizes the leaders and innovators in the Commercial Real Estate industry who are maximizing the use of technology and automation in their businesses.  Other 2003 award winners included Equity Office, Lincoln Property Company and Sperry Van Ness.

For More Information Contact:

Tom Dewar
tdewar@crecapital.com
925-457-4011
http://www.crecapital.com