We have private financing available for 363 sale loans in Texas. The biggest challenges in a 363 bankruptcy sale are arranging the financing, obtaining a clean title commitment, and closing on the transaction within the allowed timeframe. We have all the parties in place that understand the complexities related to a 363 transaction. Our firm will…
We are now able to provide Hotel / Motel financing for loan sizes from $250,000 to $10,000,000! The general loan terms are 3-5 year fixed rate, up to 25 year amortization, and up to 90% LTV. These are some of the best loan terms available in the market for the hospitality industry. Contact Genesis…
A 57 unit hotel in Austin Texas. We provided a $2,800,000 interim construction loan and term loan. The term loan was a 5 year fixed rate with a 20 year amortization. This property is located near Bergstrom Airport in Austin Texas. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in…
A mixed use office building in New Braunfels Texas. We provided a $1,500,000 interim construction loan and term loan. The term loan was a 3 year fixed rate with a 20 year amortization. This property is located in New Braunfels near the Comal River. Genesis Funding Source, LLC is a leading provider of commercial loans in…