SCI Capital Group, Los Angeles, has announced the closing of a mezzanine fund focused on the development and acquisition of real estate. The fund, SCICG Mezzanine Fund I LLC, received capital commitments exceeding its initial $10 million offering. The company said the fund will provide short-term secured loans to SCI affiliates for real estate development and the acquisition of developed real estate. SCI Capital can be found on the Web at http://www.scicapitalgroup.com.
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