PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
W S
Investments / Lending

Genesis Capital expands operation to meet heightened demand

Genesis Capital, an investment manager for funds focused on investing in commercial loans in the residential real estate markets, plans to expand its business operation following a direct investment provided by certain investment funds managed by Oaktree Capital Management.

The company provides short-term loans to qualified real estate investors active in the distressed, single-family home marketplace.

Additionally, an affiliate of the Oaktree funds has also committed up to $100 million to a new vehicle formed by Genesis Capital to invest in loans made to these investors. 

"Forging a relationship with Oaktree is an integral step in the growth of Genesis Capital," said Trixy Weiss.

"The corporate investment in Genesis Capital will be utilized to expand our operations, talent and geographic footprint. The fund investment will help us meet heightened demand for residential real estate financing," Weiss added.

Comments powered by Disqus