McClure, GenX Capital Partners Close $8.9MM for Comfort Suites Acquisition

Miami, FL, May 31, 2017 (Newswire.com) - Miami-based GenX Capital Partners (www.GenXCP.com) announced today they closed on $8.925MM in bridge financing for their clients' $13.225MM acquisition of the award-winning, 198-room Comfort Suites Hotel Maingate, located only a few miles from Disney in Kissimmee, FL. GenX Capital's Managing Director, Mark McClure, structured the financing through a major New York REIT, closing the transaction in under 45 days.

GenX Capital Partners is a boutique commercial real estate investment banking firm that specializes in securing equity, debt and JV capital for its clients, as well as investing funds from their own account. GenX Capital works closely with a handful of active real estate private equity firms, high net worth individuals, family offices, REITs, and on a deal-by-deal basis will invest its own funds as part of the GP component.  

Source: GenX Capital Partners