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Rogers Funds LLC secures $5,100,000 Investment Property Financing For Apartment Building at 100 per cent LTV

Released on = January 14, 2006, 10:28 am

Press Release Author = Sam Jackson

Industry = Real Estate

Press Release Summary = Kevin Roberts, a loan officer with Rogers Funds LLC
Commercial Mortgage Lender, has announced that the firm recently closed $5,100,000
in commercial mortgage financing for a apartment property in Lowell, MA at 100% Loan
to value.

Press Release Body = Jan 13, 2006 Las Vegas, NV--Kevin Roberts, a loan officer with
Rogers Funds LLC (http://www.rogersfunds.com) Commercial Mortgage Lender, has
announced that the firm recently closed $5,100,000 in commercial mortgage financing
for a apartment property \"Maxwell Complex\" in Lowell, MA at 100% Loan to value. The
building, built in 1986, was facing foreclosure and the owner of the building sold
it 72% below market value.

The 15,750 square foot building is 92% leased by 14 tenants. The borrower was
looking for interest only commercial mortgage loan with a low interest rate.
Rogers Funds LLC provided a commercial mortgage loan with a 7% interest only rate at
5 year term with balloon payment. The borrower has the opportunity to refinance
anytime because there was no prepayment penalty.

About Rogers Funds LLC
Rogers Funds LLC (http://www.rogersfunds.com) is a national commercial mortgage loan
lender for real estate properties between $300,000 to over $100,000,000+. Rogers
Funds LLC is known for offering higher Loan to value ratios than traditional
commercial lenders.


Web Site = http://www.rogersfunds.com

Contact Details = Sam Jackson
Marketing
Rogers Funds LLC
3960 Howard Hughes Parkway Suite 500
Las Vegas, Nevada 89109
801-217-5542

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