Items Tagged with 'Genesis Capital'

ARTICLES

  • Monday Morning Cup of Coffee: Goldman Sachs teases big move into mortgages

    Marcus for mortgages? Maybe
    Once a big player in mortgage lending, Goldman Sachs’ footprint in housing finance has gotten significantly smaller since the financial crisis…but that could be about to change. Is Marcus for mortgages coming soon? It appears that's something the megabank is considering. That, and more, in your Monday Morning Cup of Coffee.
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  • Lenders: Goldman Sachs, Zillow entering fix-and-flip market is a good thing

    “A rising tide lifts all boats”
    Over the last few years, the market for financing fix-and-flip projects and single-family rentals has grown significantly. In just the last year or so, massive players like Goldman Sachs, Zillow, Redfin, and others have entered those markets. And one might think that current operators in the fix-and-flip market would view those big companies entering the market as a bad thing, but that’s not the truth.
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  • Goldman Sachs acquires real estate development lender Genesis Capital

    Acquisition allows Genesis to provide offerings on a national basis
    Goldman Sachs announced it acquired Genesis Capital, a specialty commercial lending platform for professional residential real estate developers, reflecting the growing demand for financing for home flippers. The announcement also reinforces the extreme need for more housing inventory across the country. Here's how the company plans to grow on a national scale with the backing of Goldman Sachs.
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