Johnston Realty Funding division ("JRF") is the investment
sales and capital markets division of The Johnston Group. Formed and
headed by Steve Morse in 1999, it is responsible for the financing, acquisition
and disposition activities of the company. JRF has over 30 years experience in
arranging debt and equity financing on all type of commercial properties throughout
the country. Over $2.0 Billion of construction and permanent loans, joint ventures,
real estate securitization participating debt and straight equity has been placed
with commercial banks, thrifts, life insurance companies, conduits, REIT's, credit
companies and pension funds. Additionally, its principals have been active in
the investment brokerage field, representing developers and institutions in the
acquisition and sales of investment grade properties.
Johnston Realty Funding also acts as a consultant to developers and investors in arranging debt and equity financing. Its principals are very actively involved in the real estate capital markets, currently assisting developers and investors throughout the country with their financing needs.