SAC FUNDING, LLC
BOCA RATON, FLORIDA

SAC Funding is the new generation company of Chetek Financial Services and Bassac Financial. Stephen A. Chetek is a principal of both firms and is presently involved in all aspects of commercial real estate both as a mortgage banker and a real estate investor with over 35 years of experience. SAC Funding is a Full Service mortgage banking firm providing financing and equity placements for its clients nationwide. The principals of the firm have over 35 years of experience assisting clients in obtaining both interim and permanent debt as well as complex equity structures. SAC Funding works on various product types including multi-family, retail, both single tenant and multi-tenant, office and industrial, mini-storage facilities and mobile home parks. SAC Funding works closely with the following types of inventor clients located throughout the United States for both loan orginiations and equity placements: Stephen A. Chetek began his real estate career in 1974 with Baird and Warner, Inc. after receiving an MBA from the University of Wisconsin in Real Estate-Finance. Mr. Chetek specialized in commercial real estate finance production and in an 8 year period at Baird and Warner closed over 600 million in financing transactions. In 1983, Stephen and a partner formed Bassac Financial, Ltd., an investment real estate mortgage banking firm. The firm provided debt and equity financing of 750 million. At the same time, Mr. Chetek formed Cassab Investors Group which acquired and rehabilitated investment property. Bassac Financial supplied financing services for all Cassab acquired properties as well as providing equity to Cassab and SAC Funding clients via private placements and/or institutional joint ventures. In 1993, Mr. Chetek formed Chetek Financial, Inc., a Florida corporation to continue debt and equity placement. Both Chetek Financial and SAC Funding have strong relationships with it's institutional and private companies. The following are a view of those firms which SAC has closed transactions: