Seminole Financial Services, LLC Provides Both Debt and Equity Capital to Fund Acquisition of Commercial Mortgages

Belleair Bluffs, FL – July 22, 2011 –

Seminole Financial Services, LLC (“Seminole”) announced today the funding of two facilities, one funded to Directed Capital Resources, LLC (DCR) and the other to a newly formed entity, DCR Mortgage Partners Fund V (Fund V).The total commitment from SFS was $27 million. The business model for Fund V is consistent with prior DCR investment vehicles that have purchased commercial mortgage loans at a discount from financial institutions, or in the secondary market, that have provided investors with attractive returns.

 

“The principal reason for this investment is the leadership of DCR,” stated Bob Banks, Chairman and CEO of the Seminole Companies. “DCR’s track record and the success the company has had in this niche business over the past 10 years, during both good times and bad, have been outstanding. Seminole’s goal is to invest in real estate related opportunities that yield an appropriate return for our investors. We anticipate this will be the first of many similar transactions with DCR.”

 

For more information about this and other financing, please contact Ron Campbell, Executive Vice President for Seminole Financial Services, at (727) 331-8441 or at
rcampbell@seminolefinancialservices.com.

About Seminole Financial Services

Seminole Financial Services, LLC (SFS) is the operating entity of the six companies that collectively make up the Seminole Companies (Seminole). SFS is responsible for originating, underwriting, servicing and providing asset management for the debt and equity investments originated for institutional investors managed by sister company, Seminole Advisory Services, LLC (SAS). SAS is a registered investment advisor with the SEC and presently has several hundred million dollars in assets under management. SFS provides debt and equity investments for commercial real estate and renewable energy transactions nationwide, specializing in short and intermediate term investments.
www.seminolefinancialservices.com