LCG Provides $2.9MM Construction Loan

$2.9MM Construction Financing

Tampa, FL (January 8, 2008) -- At a time when most lenders wouldn't even consider lending on a residential development in Florida, LCG Capital Group has successfully arranged a $2.9MM construction loan for a builder in Fort Myers, Florida. The deal was structured as an 18-month construction loan, and was funded by one of LCG's commercial bank sources.

With offices in Tampa, Miami, Atlanta, Columbus and Houston, LCG is a boutique investment banking firm, specializing in mergers and acquisition, debt and equity financing, and strategic advisory services. The company has a reputation for handling complex transactions, and has built relationships with some of the nation’s largest funding sources, including on-balance sheet lenders, specialty financing companies, hedge funds and private equity firms. For more information regarding LCG Capital Group or the services it provides, please call (813) 226-2800 or visit www.lcgcapital.com.