Summary of Company Projects and Perfomance
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10-28 Centennial Place Framingham, MA 01701
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  • Purchased 26% Ownership in trust with Capital Partners of a 22 Unit Apartment Building on 11/24/16 for $329,000. Market Appraisal of $3.7M.
  • Building and all units in ongoing renovations since 2013. 2012 rent roll of $17,850 more than doubled to $38,675 in 2020.​
  • Purchased additional 11% Ownership on 7/11/18 for $99,000. Market Appraisal of $4.4M.
  • Total Capital Contributions of $761,000 for ownership and expenses through October 2019. Market Appraisal of $4.7M.
  • Completed renovation of all units and building in January 2020. 
  • Marketed for Sale in 2020......
  • Final Project ROI - _%. Annualized ROI- _%
  • Company ROI - _%. Annualized ROI- _%​​

​177 Winthrop Road Brookline, MA 02445
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  • Purchased a 3 Family Brick Apartment Building on 5/24/16 for $2,325,000.
  • 30% beneficial interest owned in trust with capital partners.
  • Purchase financed by a purchase loan of $1,762,500 and construction loans of $823,000.
  • Completed renovation of all units and one new unit constructed in the basement November 2018. 
  • Converted to condominiums and sold all units in December 2018/January 2019 for Gross Sales Revenue of $4,350,000. 
  • Average Company Capital Contribution Invested over the 30 Month term - $176,000.
  • Final Project ROI - 122.71%. Annualized ROI- _%
  • Company ROI - 96.17%. Annualized ROI- 35.58%​​​


​416 Medford Street Somerville, MA 02145
  • Purchased a Three Family Residence on 7/17/14 for $800,000 with $215,408.46 in Capital Contributions
  • 50% beneficial interest owned in trust with capital partner
  • Purchase financed with a conventional loan of $600,000 and a construction loan of $250,000
  • All units renovated one at a time. Unit 1 rented for $1900 in Winter 2014. Unit 2 rented for $2400 in Spring 2015.
  • Converted to condominiums and sold all units in Winter/Spring of 2016 for Gross Sales Revenue of $1,442,500. 
  • Company Capital Contribution Invested over the 20 Month term - $111,609.81.
  • Final Project ROI - 112.35%. Annualized ROI- 34.93%
  • Company ROI - 56.67%. Annualized ROI- 29.82%​
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                                                       38 Pratt Street Allston, MA 02134
  • Purchased a Three Family Residence with 7 Parking Spaces on 11/2/12 for $615,000 
           with $167,655.81 in total capital contributions.
  • 50% beneficial interest owned in trust with capital partner.
  • 10% preferred return for Genesis Equities.
  • Purchase financed by a conventional loan of $461,000 and a construction loan of 
           $100,000 for a total mortgage of $561,000
  • Starting rent roll for three units and parking was $4,750. All units were renovated by
           Fall of 2013 and then rented for a new rent roll of $7,700.​
  • Sold on 1/27/14 for $1,005,000.
  • Company Capital Contribution Invested over the 15 Month term - $110,028.72.
  • Final Project ROI - 186.96%. Annualized ROI- 98.95%
  • Company ROI - 101.37%.  Annualized ROI- 76.21%​

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8 Fairview Terrace Three Family
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11 Fairview Terrace Single Family + empty lot.

                                  0-11 Fariview Terrace Somerville, MA 02145
  • Purchased 5 parcels on 6/22/12 for $775,000 with $406,250 in total capital contributions.
  • Parcels consist of - Three Family Residence, Single Family Residence, Parking Lot, Two Vacant Lots
  • 50% beneficial interest owned in trust with capital partner.
  • 10% preferred return for Genesis Equities.
  • Purchase financed by a conventional loan of $525,000.
  • All three units at 8 Fairview Terrace were renovated and rented by Spring 2015. 
  • 11 Fairview Terrace was approved to build 2 units and sold with the Thurston Street Vacant Parcel for $545,000 on 11/20/14.
  • 8 Fairview Terrace was refinanced on 4/21/15 with a conventional loan of $460,000 and a construction loan of $75,000. Refunded $130,000 in capital contributions.
  • 8 Fairview Terrace converted to condominiums in Summer 2016 with nine parking spaces on 0 Fairview Terrace and sold in September 2016 for Gross Sales Revenue of $1,321,500.​​
  • Average Company Capital Contribution Invested over the 52 Month term - $267,422.40
  • ​Final Company ROI -163.4%  Annualized ROI- 
  • Company ROI- 88.81%.   Annualized ROI- 15.94%

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                      15 Oak Street Cambridge, MA 02139
  • Purchased Three Family Residence on 5/23/12 for $890,000 with
    $450,750 in total capital contributions for purchase and rehab, Company Funds of $166,916.
  • 33% beneficial interest owned in trust with capital partners.
  • 5% preferred return for Genesis Equities.
  • Purchase financed with a conventional loan of $675,000.
  • $1.255M construction loan obtained to rehab and create three condominium units and                     upgrade the exterior with three parking spaces
  • All three units sold in April 2014 for Gross Sales Revenue of $2,414,000.
  • Capital Contribution Invested over the 2 Year term - $166,916.
  • Final Project ROI- 68.07%. Annualized Project ROI- %
  • Company ROI- 26.69%. Annualized Company ROI- 12.99%
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                  731 A Somerville Ave Somerville, MA 02143
  • Purchased two bedroom+ finished basement condominium on
    1/27/12 for $146,900 with $187,000 in total capital contributions,     
            Company funds of $173,000.
  • 50% beneficial interest owned in trust with capital partner.
  • 10% preferred return for Genesis Equities.
  • Completed total gut rehab and renovations Spring 2012.
  • Estimated cost of renovations and supplementary costs - $50,000.
  • Refinanced $200,000 5/15/12; refunded $183,000 of $187,000 in capital contributions.​
  • Rented for $2050 per month 6/1/12-5/31/13.
  • Rented for $2300 per month 6/1/13-9/30/13.
  • Sold on 12/6/13 for $349,000. 
  • Average Capital Contribution Invested over the 20 Month term - $33,839.19.
  • Final Project ROI- 345.81% Annualized Project ROI 207.49%
  • Company ROI- 191.81%. Annualized Company ROI- 77.83%

Term Loan of $230,000 beginning date of December 26, 2011
  • Month to month term, 30 day option to terminate and pay in full by both parties.
  • 18% APY interest-only monthly payments of $3450
  • Secured by assets of borrower on promissory note.
  • No outstanding payments.
  • Fully refunded and loan terminated on 6/18/12.

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               15 Waldo Street #1 Somerville MA 02143
  • Attached a second mortgage to the property on 10/4/11 of
             $100,000 to secure an equity line of credit to the Borrower.
  • Loaned dormant funds on a short term basis to the Borrower
             until ready to fund new projects.
  • Initial loan of $55,000 funded to the Borrower on 10/4/11.
  • Additional loan of $45,000 funded to the Borrower on 11/28/11
  • $50,000 of principal balance repaid on 1/27/12 as purchase deposit
    for 731 A Somerville Ave.
  • Remaining $50,000 of principal balance used in increments to fund
             construction at 731 A Somerville Avenue through 5/31/12
  • 10% APY interest only monthly payments made.
  • Fully repaid and Loan terminated 6/1/12.
  • Company ROI- 7.43%   Annualized Company ROI- 15.74%

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                            16 Spring Street #1 Somerville MA 02143
  • Purchased Three Bedroom Condominium in Two Family Residence on 8/23/11  
    for $225,000 with $225,000 in capital contributions, Company Funds of $215,000.
  • 50% beneficial interest owned in trust with capital partner.
  • 10% preferred return for Genesis Equities.
  • Projected cost of renovations - $15,000.
  • Rented for $2100 per month 9/1/11 - 8/31/12.
  • Refinanced 83% of purchase price 11/11; refunded $175,000
    of initial $215,000 contributions back. 
  • Sold on 9/14/12 for $365,000.
  • Average Capital Contribution Invested over the 1 year term - $64,062.74.
  • Final Project ROI- 158.9%.  Annualized Project ROI-  
  • Final Company ROI-  88.3%  Annualized Company ROI- 80%​​​
Term Loan of $125,000 funded June 15, 2010
  • Month to month term, 30 day option to terminate and pay in full by both parties.
  • 18% APY interest-only monthly payments of $1875.
  • Secured by assets of borrower on promissory note.
  • ​Renegotiated terms from November 2015, paid $2885 monthly for principal & interest until final payment 10/15/19.
  • ​Fully Repaid and Loan Terminated 10/15/19.
  • Company ROI-


Term Loan of $200,000 funded December 15, 2009
  • Month to month term, 30 day option to terminate and pay in full by both parties.
  • 18% APY interest-only monthly payments of $3000.
  • Secured by assets of borrower on promissory note.
  • Renegotiated terms from November 2015, paid $4615 monthly for principal & interest until final payment 10/1519.
  • Fully Repaid and Loan Terminated 10/15/19.
  • Company ROI-


*All projections of revenues, expenses, profits, rents, distributions, refinancing scenarios, sales values and ROI are only estimations based on current real market data and property information. Genesis Equities LLC and Company Manager do not guarantee performance in regards to any information contained on this website or in any related documents or emails.