24 Capital closes $1.255 million loan and saves borrower $750,000 Effingham, Illinois - August 12, 2008 – 24 Capital Corporation of Hackensack, NJ has closed a $1.255 million loan to Village Square Mall Realty Management, LLC for the purchase of a 233,641-square foot regional mall in Effingham, Illinois. Read More > 24 Capital Retrieves Ambitious Project for Sarasota Developer Steps in to Bridge Gap for Bank Loan on Luxury Estate Hackensack, NJ, July 30, 2008 – A dream investment will become a reality for Waterside Investment Group, Inc. in Sarasota, FL, because the Hackensack-based direct lending firm 24 Capital provided a bridge loan for completion. As collateral, the borrowers put up the first mortgage on the project, an 8,071 square-foot single-family residence. The loan will satisfy the interest owed to a region bank in order to obtain completion money from that institution. Read More > 24 Capital Takes to the Hamptons with $990,000 Loan to Beachfront Landowner Posh Waterfront Landscape Ripe for Development Hackensack, NJ, July 28, 2008 – 24 Capital, the Hackensack-based direct lender, announces a $990,000 loan to LNB Farms, a New York corporation to refinance oceanfront property in upscale Westhampton Beach, Long Island. Ninety feet wide, 310 feet deep, and spanning almost two-thirds of an acre overlooking a pristine sandy beach, the undeveloped lot is ready for building. Read More > 24 Capital Closes on Record $27.5 Million Loan to Aurora Development Sales Can Move Ahead for Spectacular NJ High-Rises Overlooking Manhattan. Hackensack, NJ, July 1, 2008 – When the original investment group recalled its loan a half year ahead of schedule because of internal policy changes, Aurora Development Partners, LLC’s Joint Venture Partners; Brian M. Stolar of The Pinnacle Companies and Alan Litt of Kohl Partners needed a bridge loan to continue marketing and sales and to complete site work for Aurora Over the Hudson in Cliffside Park, NJ. Read More >

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