Search by Tag: genx capital partners
15 total news stories found.
VizConnect CEO Temba Mahaka Joins Development Team Of Presumpscot Woods, Portland Maine
2024-06-03 | Mahaka, one of the few minority CEO's of a publicly traded company in the U.S. will work with the developers Mark McClure and Peter Bouchard in helping them navigate the intracies of The Green New Deal mandated by the City of Portland
Mark McClure of GenX Capital Partners Closes $3.2MM "Cash Out" Refi for 336 Unit Development in Ft Myers
2024-02-01 | Creative cash-out allows experienced sponsor to recap investors while finalizing $87 million construction schedule
Luxury Vehicle Condos Coming To Maine
2023-12-30 | Real estate developer Mark McClure is launching his "Luxury Motor Toys" brand in Greater Portland Maine this summer
Developer Mark McClure, GenX Capital Partners to Co-Develop the $40 Million Azul El Paso
2023-12-11 | McClure stated the 130 MF Unit/12K SF of retail is fully entitled and approved and hopes to break ground end of Q1 2024
Miami-Based Developer Mark McClure Secures $24 Million Loan for Condo Development in Cumberland Foreside, Maine
2023-09-18 | The development team has self-funded to 40% completion as they awaited cPace confirmation for construction loan takeout
GenX Capital and Partners Pay $4.2MM For Miami Villa, Launch Luxury Short Term Rental Brand
2022-12-14 | The first of two the group will acquire in South Beach, Miami as they launch Chill Villa's, their new luxury short term rental brand
Maine Developer Mark McClure Offering 4% Interest Rate Buy-Down on Condo Project
2022-11-25 | With interest rates starting to come down, McClure's buydown on his 45 unit condo development, The Mark, could allow potential buyers to be in the low to mid 2% range, not seen since 2020, virtually eliminating the interest rate obstacle
GenX Capital Partners Pays $3.3 Million For Approved 50 Unit Condo Development In Cumberland Foreside, Maine
2021-10-28 | The Mark at Cumberland Foreside will look to launch pre-sales right after Thanksgiving and anticipates breaking ground on the luxury condo project in 120-160 days
GenX Capital Partners Acquires Over 55 Condo Development In Southern Maine
2020-10-28 | The Miami based real estate investment banking firm has decided to diversify into residential real estate development and acquisition into the New England region
GenX Capital Partners Secures Equity For $33 Million Chicago MF Development
2020-02-21 | 1122 Chicago will be an upscale, 97 Unit MF/mixed use project developed by Lipe Property Company
GenX Capital Partners, Capstack Finance Close $37MM Hilton Hotel Construction Loan
2019-04-30 | The real estate investment banking duo placed the complicated financing structure with a NY based real estate hedge fund after the project had been stalled for the last 60 months as it sought completion financing
McClure, GenX Capital Become First Firm To Finance An Opportunity Zone Project
2019-04-03 | This past month, the firm closed on the redevelopment financing of 333 Water Street in downtown Augusta, Maine, allowing the developers to become the first participants in the Federal Opportunity Zone Program nationwide
GenX Capital Partners Close $5MM In "Hard Money" Deals For Aug and Sept Under New Platform
2018-09-27 | The Miami based firm's focus is still underwriting JV equity of $5MM to $75MM, however, they have seen their private money platform rapidly expand since end of July, closing 13 "hard money" deals.
McClure, GenX Capital Close Equity For $53 Million Statler Arms Acquisition
2018-01-31 | Mark McClure, managing partner of Miami based GenX Capital Partners, announced today they closed $9MM in JV equity for Millennia Companies $53MM acquisition and redevelopment of the 295 unit Statler Arms property in downtown Cleveland
McClure of GenX Capital Partners Closes $12MM in JV Equity For Canton, OH Mall Acquisition
2017-10-16 | GenX Capital Partners Managing Partner, Mark McClure, announced today they had closed on $12MM in joint venture equity for Stark Companies $65MM acquisition of the Belden Mall in Canton OH.