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Genesis Capital Provides $45.3 Million Construction Loan For Development Site In San Antonio

Property Image
FINANCED
$45,300,000
Jay Miller
Aj Felberbaum
+ 2

Texas

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Property Image
FINANCED

Genesis Capital Provides $45.3 Million Construction Loan For Development Site In San Antonio

Development Site
Financed
Jay Miller
Aj Felberbaum
+ 2
Contact now

Summary

Asset Type:Development Site
Transaction Type:Loan

The property asset involved is a development site located at Mabe Road & Ingram Road in San Antonio, covering an area of 14.18 acres and designated for a multifamily project that includes 252 units, known as Arden Ingram. The construction loan has a total amount of $45,300,000 provided by Genesis Capital.

Summary of transaction details:

The deal was orchestrated with the collaboration of Landmark Companies, represented by Julia Baytler, and Interforum Holdings, represented by Alex Zdanov. The financing was arranged by BayBridge Real Estate Capital, which played a pivotal role in securing the construction loan for the project.

Players

Aj Felberbaum
31 deals$2.4B volume(646) 213-7600
BROKER

Jay Miller
BayBridge Real Estate Capital
34 deals$2.6B volume(646) 213-7561
BROKER

Spencer Miller
BayBridge Real Estate Capital
30 deals$2.4B volume
BROKER

Noah Rothman
BayBridge Real Estate Capital
10 deals$797.4M volume
BROKER

Daniel O'Mahony
BayBridge Real Estate Capital
2 deals$79.6M volume
BROKER

CBRE
BROKERAGE



Details

FINANCED
IMAGE: Julia Baytler, Alex Zdanov, Aj Felberbaum, Daniel O'Mahony, Jay Miller, Noah Rothman & Spencer Miller DATE: 03/28/2025 ADDRESS: Mabe Road & Ingram Road MARKET: San Antonio ASSET TYPE: Development Site ~ ACRES: 14.18 LENDER: Genesis Capital LANDLORD: Julia Baytler - Landmark Companies; Alex Zdanov - Interforum Holdings BROKERS: Aj Felberbaum, Daniel O'Mahony, Jay Miller, Noah Rothman & Spencer Miller - BayBridge Real Estate Capital LOAN AMOUNT: $45,300,000 LOAN TYPE: Construction NOTE: Landmark Companies and Interforum Holdings secured a $45.3 million construction loan from Genesis Capital for a 252-unit multifamily project, Arden Ingram, in San Antonio. BayBridge Real Estate Capital arranged the financing, with the development set for completion in early 2027.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$45,300,000.00

Monthly NOI$302,000.00
Monthly Debt Service$286,326.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00