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Evergreen Asset Group announced today that the company recently arranged financing in the amount of $22 million

Released on = September 7, 2006, 6:12 pm

Press Release Author = Evergreen Asset Group

Industry = Real Estate

Press Release Summary = Evergreen Asset Group announced today that the company
recently arranged financing in the amount of $2.2 million on a Retail Center located
in North Carolina.

Press Release Body = FOR IMMEDIATE RELEASE:
August 31, 2006
ATLANTA, GA, August 31, 2006 - Les Smith, President of Evergreen Asset Group
announced today that the company recently arranged financing in the amount of $2.2
million on a Retail Center located in North Carolina. The borrower requested a first
mortgage structured for a 30-year amortization, with a 10-year fixed rate period, at
a Loan to Value of 75%. The objective was to provide long-term consistent cash flow
for the next ten years, in light of a rate adjustment approaching on their current
mortgage..
The property was well maintained and fully leased. The borrower was holding the
property for long-term investment purposes.
Evergreen Asset Group is a Nationwide Commercial Mortgage Brokerage firm. Providing
Superior Service, Professionalism, and a High Degree of Integrity, Evergreen Asset
Group offers a variety of loan types that include fixed rate, interest-only,
Construction, Mezzanine, Bridge loans, Purchase, Refinance, and Cash Out. Evergreen
Asset Group also offers Hard Money Loans through its vast database of Hard Money
Lenders. Evergreen Asset Group accommodates all traditional income producing
property types that include multifamily, retail, office, industrial, hotels,
condominiums, mixed-use and self-storage.
For more information, contact Les Smith directly at: (770) 783-0954 or via e-mail
at Info@evergreenassetgroup.com.
Or visit their website at: http://www.EvergreenAssetGroup.com



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

Contact Details = For more information, contact Les Smith directly at: (770)
783-0954 or via e-mail at Info@evergreenassetgroup.com.
Or visit their website at: http://www.EvergreenAssetGroup.com

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