ACME Realty Funding, Inc. Arranges the Financing of Church Street Station.Business Editors/Real Estate Writers 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)--May 7, 2001 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 senior and mezzanine financing Mezzanine Financing A hybrid of debt and equity financing. Mezzanine financing is typically used to finance the expansion of existing companies, and it is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the for the acquisition of Church Street Station. Church Street Station is a retail, restaurant and entertainment center located in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. . F.F. South and Company, Inc. acquired the property including building improvements of 242,179 sq. ft. as well as vacant land totaling 123,060 square feet. The total land is 6.68+ acres. The purchase price for the - property was $15.85 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-seven (37) years experience in all facets of commercial real estate finance and sales. Mr. Whalen and Mr. Stevens joined forces in June of 1999 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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