Business Services Industry
Company Profile for Omega Commercial Finance Corp
Business Wire, July 15, 2008
Omega Commercial Finance Corp. (OTCBB:OCFN) (OCFN) is a tremendous opportunity to invest in the Alternative Commercial Real Estate ("CRE") Financing Industry, with a company in the beginning stages of its High/Yield Debt Financing Programs, not inclusive of residential loan originations. Moreover, investors have a chance to diversify into a company that can build a portfolio of "CRE" loans not tainted by the Sub-Prime misfortune, plus take advantage of the low interest rate atmosphere. Omega has the opportunity to fulfill an underserved aspect of the commercial real estate market both in the U.S. and abroad. Many Borrowers are finding it increasingly difficult to obtain traditional financing methods in order to purchase commercial real estate in the current market. As present market conditions prompt lenders to adopt even stricter underwriting standards, this trend seems likely to continue and even worsen. Omega Commercial Finance is engaged in the business of coordinating innovative commercial real estate HIGH/YIELD DEBT financing solutions for distressed borrowers and or emerging development companies that conventional lenders frequently ignore. In so doing, the Company is able to contribute to the financial development of these Borrowers, and at the same time to produce risk adjusted return through prudent leverage that will generate substantial revenues by providing much-needed financing services.
Company: <
Omega Commercial Finance Corp.
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Headquarters Address: <
200 South Biscayne Blvd
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Suite 4450
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Miami, FL 33131
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Main Telephone: <
305-677-0306
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Website: <
www.omegacommercialfinancecorp.com
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Ticker/ISIN: <
OCFN(OTCBB)/US68207V2088
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Type of Organization: <
Public
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Industry: <
Finance
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Earnings Release Dates: <
1st Quarter: April 15, 2008
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2nd Quarter: August 7, 2008
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3rd Quarter: November 15, 2008
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4th Quarter: March 15, 2009
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Key Executives: <
President: Jon Cummings IV
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Chairman: Jon Cummings III
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CFO: Bill Slivka
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Senior Underwriter <
Contact: <
Chandel Breuner
Phone: <
305-677-0306
Email: <
cbrenner@omegacommercialfinancecorp.com
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