ST. PETERSBURG, Florida - Bison Financial Group, Inc., a real estate advisory firm based here announces the placement of an aggressively structured loan to acquire a 68 unit multifamily property in Ocala, Florida. The lender was a community bank that Bison has placed multiple loans with since 1997. The borrower was a new single purpose entity organized by a Florida businessman with extensive apartment acquisition and renovation experience. The loan is based on a 90% LTV with a term of 3 years.

Bison was introduced to the borrower through an existing client familiar with Bison's track record of closing hard to do deals under $2 million in rapid timeframes. One of the principals of Bison, Jared Repka, said, "High leverage and speed were the keys to this transaction. We were able to present a term sheet within 2 hours of first learning of the deal and get it closed in 30 days after commitment from the lender. Because of the hard work of all involved the loan closed within the buyer and seller's timeframe."

Bison helps real estate entrepreneurs buy, sell and finance investment real estate and has closed approximately $200 million in transactions since 1994.