UPDATED Investment Available: Wurlitzer Estate ($450,000)

Wurlitzer Estate Investment Summary:

• Loan for the purchase of a luxury residence
• Purchase Price of $925,000
• Borrower making a $500,000 down payment
• Appraised for $1.1 million
• Return to Investor: 11% per annum

New Investment Available: Pompano Beach ($1.06 million)

Pompano Beach Investment Summary:

• Loan for the redevelopment of a prime commercial property
• Property last sold for $28 million in 2007
• Recently appraised for $10 million
• LTV of approximately 10%
• Return to Investor: 13% per annum

Looking Back at 2011 and Forward to 2012

Every so often it’s a good idea to pause, take a moment and reflect on where you’ve been and what you’ve learned. In the case of MMG Capital and our steadily growing lending business, it’s especially important that we do it to  make sure that both our partners and our investors fully understand what kind of success we’ve had with our current program and how it shapes the moves that we’re going to make going forward. In this case, it seems only too appropriate to take a look back at the last 12 months and examine our results from 2011, discuss what we see changing, and give some indication of how those changes will effect us for the next 12 months.