RealWebFunds, Inc.

2682 Bishop Dr., Suite 208

San Ramon, CA  94583

925-830-2865

www.realwebfunds.com

 

FOR IMMEDIATE RELEASE

RealWebFunds Commercial Mortgage Delivers Over $48 Million In Loans YTD

 

San Ramon, CA/EWORLDWIRE/June 11, 2002 --- RealWebFunds, Inc, a discount national commercial mortgage and equity broker, today announced the company has brokered 12 loans worth $48,000,000 so far this year across all major commercial property types. Of this amount, $21,000,000 was for office properties, $13,000,000 for industrial properties, $10,500,000 for multi-family properties, and $3,400,000 for retail properties.

RealWebFunds’ President, Tom Dewar, said, "Considering the overall slowdown in the commercial real estate market, we have had an outstanding first half. We're glad to note that the economy seems to be settling down and developers are anxious to get on with their projects. At RealWebFunds, we are expecting even more activity across the country in the second half of the year. Borrowers are anxious to use our services and will do so as more transactions come online in the second half."

Mr. Dewar attributes RealWebFunds’ success to their unique approach to the brokerage business.

"Because our phone-based specialists use Internet tools, RealWebFunds' representatives are unmatched in efficiency, effectiveness and speed," stated Dewar.

Borrowers seem to agree. One borrower, Bill Schrader of the Austin Group commented, "They (RealWebFunds) sent my packages out to the lenders quickly, worked the phones relentlessly, and got us the market coverage we were expecting. While RealWebFunds 'internet system' did provide us with significant savings in both time and money, they also helped us to avoid the frustration typically associated with paper-intensive financing."

About RealWebFunds

RealWebFunds, Inc. is a national discount commercial mortgage and equity broker. RealWebFunds is known in the industry for aggressively shopping loan requests to find the best rate and terms available. By combining phone-based financing experts and Internet-based technology, RealWebFunds provides a service that is unmatched in efficiency, speed, and thoroughness. Since its inception, RealWebFunds has closed over $275,000,000 in loans and equity financing. Because RealWebFunds fees are approximately half traditional brokers' fees, borrowers have saved over $1,300,000 in fees. More information can be found at www.realwebfunds.com.

For More Information Contact:

Mike Anciaux

RealWebFunds, Inc.

2682 Bishop Dr., Suite 208

San Ramon, CA  94583
manciaux@realwebfunds.com
888-314-3625 x18