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 Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in Dallas Texas, and commercial loans in Austin Texas. We specialize in loans secured by office buildings, multifamily, self storage, retail, shopping centers, church buildings, and land.