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CFA Capital Partners 'CFA' Has Record Month Despite the Continued Slide of Credit Markets.


RYE, N.Y. -- CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S.  Capital Partners, one of the nation's fastest growing private lenders, has exceeded projections by closing six loans in the final calendar month of 2008. Despite current industry challenges, CFA was able to successfully provide timely financing on multiple wide-ranging wide-rang·ing
adj.
Covering a wide area; including much: a pianist's wide-ranging repertoire; a wide-ranging interview.
 deals. While the private lending industry struggles due to the drying up of many institutional credit facilities credit facilities nplfacilidades fpl de crédito

credit facilities nplfacilités fpl de paiement

credit facilities 
, CFA continues to break new ground in closing real estate bridge loans nationwide.

"Our lending capability is as robust as ever," said Managing Partner John Clancy John Clancy can refer to:
  • John Michael Clancy (1837-1903), United States Representative from New York
  • John Clancy (playwright), Contemporary American playwright and theater director
  • John R. Clancy (1859-1932), United States Representative from New York
. "Our staff remains busy sifting through hundreds of deals on a weekly basis in order to find mutually beneficial Adj. 1. mutually beneficial - mutually dependent
interdependent, mutualist

dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture"
 opportunities out there in the marketplace."

CFA's December closings include a student housing facility in Indiana Indiana, state, United States
Indiana, midwestern state in the N central United States. It is bordered by Lake Michigan and the state of Michigan (N), Ohio (E), Kentucky, across the Ohio R. (S), and Illinois (W).
, a 140-unit tower in Jersey City, an industrial property in Denver, a multifamily in Brooklyn NY, a medical office building in Brooklyn NY and a mixed use property in Harlem NY.

"Let's face it - we are experiencing a deep recession combined with a major credit crisis," added Steve Anello, Managing Partner at CFA. "We are seeing unprecedented weakness in the market. However, we are also seeing what we consider to be incredible opportunities."

Trends in the overall real estate debt market has led CFA to announce a new program focusing on the purchase of discounted notes on multifamily, student housing, mixed use, retail, office, and hospitality. CFA is allocating over $500mm in capital over the next 12 months to the purchasing of these types of discounted notes.

CFA is a New York-based private lender focusing on time sensitive financing for specific property types including multifamily, mixed use, neighborhood retail, student housing, and medical office assets.
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Publication:Business Wire
Date:Jan 22, 2009
Words:276
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