WESTLAKE VILLAGE, CA-Genesis Capital Mortgage Fund, a private money lending company, has made huge profits from the collapsed housing market by lending money to trusted developers and builders to acquire distressed developments in volume.
The firm minimizes its exposure to risk by limiting the loan terms to a maximum of six months while investors get an assured return of 12% and borrowers are able to get much-needed finance to make purchases.
By borrowing as much as 80% of the price of the property as a loan from the Genesis, borrowers can increase their buying capacity by 200-300%. For the full story, go to San Fernando Valley Business Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
