If you need additional capital quickly for another project, or if you see an acquisition opportunity that you cannot afford to pass up, then this is the program for you. This program applies to income producing properties only. Rates are extremely competitive and require strong borrowers.
Genesis offers a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objectives of its borrowers, for both investment and owner-occupied commercial properties.
Our knowledge and depth of expertise maximizes efficiency and becomes your advantage.
Loans that relate to larger, multi-tenanted, commercial-use properties usually cannot be repaid prior to maturity of the mortgage. However, loans that relate to smaller, owner-occupied commercial-use properties usually have prepayment privileges that are similar to conditions of mortgages for residential properties. In other words, the loans may be repaid before maturity, provided that the mortgagee owns an incentive or “bonus” for permitting the early repayment of the loan. There are different types of loans that are available to commercial-use property owners such as: