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

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:

• Property Type: Development Site
• Transaction Amount: $45,300,000
• Address: Mabe Road & Ingram Road
• Market: San Antonio
• Asset Size: 14.18 acres
• 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 Type: Construction
• Estimated Completion: Early 2027

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.