Capital Markets Group is a financing division of Henry S.Miller, the largest commercial real estate services company inTexas. Before the Presidential Greens transaction, the firm'shighest loan was $17.9 million for the Pepper Square ShoppingCenter in Dallas Texas. To date, Capital Markets Group has over$400 million in closed loan transactions under its belt.

GE Capital serves as the lender on the multi-million dollarVirginia properties transaction. In a company press release,Capital Markets Group founder and managing director Mark Baldwinexplains that GE Capital's funding, especially for a single loanover $15 million, "indicates the lender's resolute confidence inthe market and the skill of the owner-operator to continuehistorical income growth."

Officials at Capital Markets Group are well aware that the dealcould have been sidelined due to financial market wariness promptedby the September 11 terrorist attacks. Baldwin notes that althoughthe loans "had issued commitment prior to the attacks of September11, it would have been easy for the lender to walk away from theclosings or delay the process, which was widespread in theindustry." However, all plans remained on schedule despite theupheaval and uncertainty, and the recently announced loans closedas planned on September 29.

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