ACME Realty Funding, Inc. Arranges 90% Financing for a McLean Office Tower.Business Editors FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Feb. 24, 2000 ACME Realty Funding of Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. arranged the acquisition financing for Westwood Tower Office Building. Westwood Tower, located in McLean, Virginia McLean is an unincorporated community located in Fairfax County in Northern Virginia. A small geographic area along Chain Bridge Road in Arlington County has a 22101 zip code and is also part of McLean. is a class "A" office building of 210,000 square feet within the Tyson's Corner sub market. The total capitalization Total capitalization The total long-term debt and all types of equity of a company that constitutes its capital structure. total capitalization See capitalization. for the acquisition and re-tenanting of the property was $41,500,000. ACME arranged first mortgage financing of $30 million and mezzanine debt of $7.25 million. ACME Realty Funding, Inc. is a mortgage real estate investment brokerage company with headquarters in Fort Lauderdale, Florida. The company's primary business is the procurement of mortgage and equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. for commercial real estate developments. Property types include multifamily, retail, office and industrial. ACME's principals, Paul Whalen and Don Stevens have combined thirty five (35) years experience in all facets of commercial real estate finance and sales. Mr. Whalen and Mr. Stevens recently joined forces to form ACME. Mr. Whalen was a top producer with Holliday Fenoglio Fowler for over 10 years and Mr. Stevens was most recently responsible for opening and running Heller Financial's Florida Loan production office. |
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