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 40 unit multifamily property in Whitehouse Texas. We provided a $1,850,000 term loan. The term loan was a 7 year fixed rate with a 30 year amortization. This property is located in Whitehouse just outside of Tyler Texas. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in Dallas…
A 25 unit multifamily property in Whitehouse Texas. We provided a $1,350,000 term loan. The term loan was a 3 year fixed rate with a 20 year amortization. This property is located in Whitehouse just outside of Tyler Texas. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in Dallas…
A 16,530 square foot retail shopping center in Houston Texas. We provided a $2,400,000 term loan. The term loan featured a 3 year fixed interest rate with a 20 year amortization. This property is located near the Crenshaw exit on the Beltway in Houston Texas. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston…
A 28,940 square foot retail strip center in Houston Texas. We provided a $4,150,000 term loan. The term loan featured an annually adjustable interest rate with a 20 year amortization. This property is located near the Gessner exit on the Beltway in Houston Texas. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas,…
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 16 unit multifamily property in Seagoville Texas. We provided a $700,000 term loan. The term loan was a 7 year fixed rate with a 30 year amortization. This property is located in Seagoville just outside of Dallas Texas. Genesis Funding Source, LLC is a leading provider of commercial loans in Houston Texas, commercial loans in Dallas…
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…
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,…