ST. PETERSBURG, FL - Bison Financial Group, Inc., a real estate advisory firm based here announces the closing of a $4,200,000 acquisition and construction loan for a Sarasota based luxury homebuilder. The spec home to be built will exceed 7,000 square feet and will be valued at over $9 million dollars. The lender was a community bank that Bison has placed multiple loans with since 1998."

We were approached by the borrower in mid 2003 to assist them in securing financing for several of their luxury residential projects", said David Repka, one of the principals of Bison, "While a bit 'outside the box' for our firm with the projects being on the residential side of the street, we could not help but be compelled to work with this group as their enthusiasm, professionalism and product quality are literally world class!" Bison represented the borrower, a Sarasota luxury homebuilder, and arranged a 3 year, interest only loan with an initial interest rate of 5.25%.

Bison works with investors and developers nationwide that invest in multi-tenant income producing properties and freestanding, single tenant facilities leased to credit tenants. Bison is a Regional Branch Office with Bond Street Capital, one of the nation's leading commercial real estate lenders with an expansive branch office system covering over 40 markets.