MIAMI, July 20, 2017 (GLOBE NEWSWIRE) -- Omega Commercial Finance Corporation's (OTC:OCFN), subsidiary Alpha Investment Inc. (OTC:ALPC), has repositioned its operations to create the ability to underwrite and structure complex transactions and enable the company to customize creative capital solutions for other lenders, mortgage bankers, borrowers, and owners, all within the commercial real estate financing sector.

Operationally, ALPC has hit the ground running since its reorganization in February of 2017.  One of ALPC's sister companies has submitted numerous executed term sheets over the past 6 to 12 months slated for potential funding. This pipeline encompasses a total of $359,950,604 in commercial real estate loans, which are seeking a combination of debt and equity financing.  These financing requests are now through the processing stage and into the origination phase. There are also another estimated $100-million to $150-million of CRE financing opportunities in the pipeline at the term sheet stage. Mr. Fussell, the Chairman of ALPC stated, "The strategy is to utilize ALPC as the balance sheet lender for these loans, which are forecasted to generate future loan interest income for ALPC in addition to participating equity income from certain loans structured accordingly."

ALPC is considering the use of a Direct Public Offering and/or PIPES for a capital raise of up to $500-million for the execution of its business model. This DPO will enable ALPC through an SEC registration to privately market and offer its free trading shares directly to the public. Mr. Buxton, ALPC's CEO, stated, "This capital raising platform model will have key fundamentals that we plan to maintain in order to attract ALPC to institutional investors."  These fundamentals include an untainted balance sheet with no long-term or short-term debt obligations and/or derivative liabilities. In addition, the ALPC strategy will support its various synergistic sister companies that are all vertically correlated to provide each operation with potential growth capital opportunities.

Ḁlpha Investment, Inc. ("ALPC") is a publicly traded company, which primarily invests and provides lending capital directly to affiliated lenders through their correspondent platform. Furthermore, ALPC invests in, acquires and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities and other commercial real estate-related debt investments and engage in various direct participation equity ownership opportunities. 

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Omega Commercial Finance Corp., its directors or its officers with respect to, among other things: (i) our expectations regarding revenues and earnings; (ii) our growth strategy and operating strategy; and (iii) our ability to attract new registered representatives. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," "project" and similar expressions are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those projected in the forward-looking statements.