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ACME Realty Funding, Inc. Closes Their First Deal.


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)--Nov. 23, 1999--

ACME Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Funding, is pleased to announce the closing of first mortgage financing for the acquisition and renovation of Courthouse Tower, a 166,760 square foot 25 story office building located on 44 West Flagler Street, in the Courthouse section of downtown Miami Downtown Miami is the central business district of Miami-Dade County and Miami, Florida. Brickell Avenue/Biscayne Boulevard is the main north-south road in downtown, and Flagler Street is the main east-west road in the Central Business District.  (CBD (Component Based Development) Building applications with components (objects). See component software.

CBD - component based development
).

ACME represented the acquiring party, an affiliate of Panther panther, name commonly applied to the leopard, especially to a black leopard. It is also used locally to designate various other cats including the jaguar and the puma.  Real Estate Partners, a private firm, which actively acquires under performing office and commercial real estate assets. Panther's current portfolio in South Florida exceeds 850,000 square feet.

ACME Realty Funding, Inc. is a mortgage real estate investment brokerage company specializing in large, highly structured financings. ACME's principals, Paul Whalen and Don Stevens have combined 35 years experience in all facets of commercial real estate finance and sales. Whalen and Stevens recently joined forces to form ACME. Whalen was a top producer with Holliday Fenoglio for over 10 years and Stevens was most recently responsible for opening and running Heller Financial's Florida Loan production office.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 23, 1999
Words:166
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