1.793 Acre Tract of Land in Houston Texas
A 1.793 acre tract of land located in Houston Texas. We provided $1,000,000 for the cash out refinance of the land. The loan was a 3 year fixed rate with a 20 year amortization. This property is located in west Houston off of the Beltway. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas,…
Owner Occupied Medical Office in Houston Texas
An owner occupied medical office building in Houston Texas. We provided an $800,000 cash out refinance. The loan was a 3 year fixed rate with a 20 year amortization. This property is located in northwest Houston. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in Dallas Texas, and commercial loans…
1,100 Member Church in Houston Texas
An 1,100 member church property located in Houston Texas. We provided $1,000,000 for the purchase of land to expand the church campus. The loan was a 5 year fixed rate with a 30 year amortization. This property is located in northwest Houston. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in…
Retail Convenience Center in Tyler Texas
A 3 tenant retail convenience center in Tyler Texas that has a Whataburger, convenience store, and a bank. We provided $1,650,000 for the construction of this property. The loan was an 18 month interest only construction loan. This property is located just off FM 2493 in Gresham Texas. Genesis Funding Source, LLC is a leading provider of commercial…
Retail Office Center in Tyler Texas
A 3 tenant retail office center in Tyler Texas that contains approximately 15,575 square feet. We provided $600,000 for the purchase of this property. The loan was a 3 year fixed rate with a 20 year amortization. This property is located just off west Loop 323 in Tyler Texas. Genesis Funding Source, LLC is a leading provider of commercial…
6 Bay Carwash in Huntsville Texas
A 6 bay carwash in Huntsville Texas that consists of 2 automated bays and 4 self serve bays. We provided $1 million for the purchase of this property. The loan was a 3 year fixed rate with a 20 year amortization. This property is located just off Interstate 45 near the Walmart in Huntsville Texas. Genesis Funding Source, LLC…
4 Bay Carwash in Huntsville Texas
A 4 bay carwash in Huntsville Texas that consists of 1 automated bay and 3 self serve bays. We provided $1 million for the purchase of this property. The loan was a 3 year fixed rate with a 20 year amortization. This property is located just north of downtown Huntsville Texas. Genesis Funding Source, LLC is a…
20 Unit Multifamily in Chandler Texas
A 20 unit multifamily property located in Chandler Texas, which is just outside of Tyler Texas near Lake Palestine. This property included new roofs, new air conditioning units, and maintained 100% occupancy. We provided $700,000 for the purchase of this property. The loan was a 5 year fixed rate with a 30 year amortization. Genesis Funding…
Retail Strip Center in Bullard Texas
Newer construction 14,700 square foot retail strip center with separate buildings of Austin stone and metal. Excellent exposure on highway 69 just south of Bullard. Bullard is just south of Tyler and near Lake Palestine. We provided $700,000 for the refinance of this property. The loan was a 3 year fixed rate with a 20 year amortization….
653 Unit Self Storage in League City Texas
Interim Construction loan and term loan for a new self storage facility in League City, Texas. The facility has 653 units that are comprised of 551 climate controlled units and 102 non-climate controlled units. The facility also includes a 1200 square foot office and a 1200 square foot apartment. The total square footage is approximately…