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Ingram Road San Antonio

Updated May 12, 2025

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

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

$45,300,000

Units

252

Asset Type

Development Site

Closing

Mar 28, 2025

About this deal

AI

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

BayBridge Real Estate Capital

Broker

$2.6B

vol

37 deals

Broker
CBRE
CBREBrokerage
Genesis Capital
Genesis CapitalLender
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Market Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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