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15 news stories found
Press Release
June 3, 2024
Mahaka, one of the few minority CEO's of a publicly traded company in the U.S. will work with the developers Mark McClure and Peter Bouchard in helping them navigate the intracies of The Green New Deal mandated by the City of Portland
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Press Release
February 1, 2024
Creative cash-out allows experienced sponsor to recap investors while finalizing $87 million construction schedule
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Press Release
December 30, 2023
Real estate developer Mark McClure is launching his "Luxury Motor Toys" brand in Greater Portland Maine this summer
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Press Release
December 11, 2023
McClure stated the 130 MF Unit/12K SF of retail is fully entitled and approved and hopes to break ground end of Q1 2024
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Press Release
September 18, 2023
The development team has self-funded to 40% completion as they awaited cPace confirmation for construction loan takeout
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December 14, 2022
The first of two the group will acquire in South Beach, Miami as they launch Chill Villa's,
their new luxury short term rental brand
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Press Release
November 25, 2022
With interest rates starting to come down, McClure's buydown on his 45 unit condo development, The Mark, could allow potential buyers to be in the low to mid 2% range, not seen since 2020, virtually eliminating the interest rate obstacle
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Press Release
October 28, 2021
The Mark at Cumberland Foreside will look to launch pre-sales right after Thanksgiving and anticipates breaking ground on the luxury condo project in 120-160 days
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Press Release
October 28, 2020
The Miami based real estate investment banking firm has decided to diversify into residential real estate development and acquisition into the New England region
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February 21, 2020
1122 Chicago will be an upscale, 97 Unit MF/mixed use project developed by Lipe Property Company
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Press Release
April 30, 2019
The real estate investment banking duo placed the complicated financing structure with a NY based real estate hedge fund after the project had been stalled for the last 60 months as it sought completion financing
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April 3, 2019
This past month, the firm closed on the redevelopment financing of 333 Water Street in downtown Augusta, Maine, allowing the developers to become the first participants in the Federal Opportunity Zone Program nationwide
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Press Release
September 27, 2018
The Miami based firm's focus is still underwriting JV equity of $5MM to $75MM, however, they have seen their private money platform rapidly expand since end of July, closing 13 "hard money" deals.
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January 31, 2018
Mark McClure, managing partner of Miami based GenX Capital Partners, announced today they closed $9MM in JV equity for Millennia Companies $53MM acquisition and redevelopment of the 295 unit Statler Arms property in downtown Cleveland
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October 16, 2017
GenX Capital Partners Managing Partner, Mark McClure, announced today they had closed on $12MM in joint venture equity for Stark Companies $65MM acquisition of the Belden Mall in Canton OH.
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