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Developer Mark McClure, GenX Capital Partners to Co-Develop the $40 Million Azul El Paso

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Monday, December 11, 2023
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EL PASO, Texas, Dec. 11, 2023 /PRNewswire/ -- Mark McClure, Managing Director of GenX Capital Partners (http://www.GenXCP.com), a leading commercial real estate developer and debt/equity originator with operations in Portland, Maine, and Miami, Florida, has entered into a co-development agreement for Azul El Paso. This innovative project, totaling 104,000 square feet and encompassing 130 apartment units along with 12,000 square feet of retail space, represents a collaborative effort with Prestige Development Group (PDG) of Austin, TX. The $40+ million project is the first of three Azul developments planned over the next 36-48 months by the duo.

Key Points: 
  • EL PASO, Texas, Dec. 11, 2023 /PRNewswire/ -- Mark McClure, Managing Director of GenX Capital Partners ( http://www.GenXCP.com ), a leading commercial real estate developer and debt/equity originator with operations in Portland, Maine, and Miami, Florida, has entered into a co-development agreement for Azul El Paso.
  • The $40+ million project is the first of three Azul developments planned over the next 36-48 months by the duo.
  • Azul El Paso will seamlessly integrate with the neighboring retail sector, featuring prominent brands such as Dicks Sporting Goods, WalMart, PF Changs, Albertson's, Dillards, and more.
  • El Paso, ranked #2 in expected housing growth for 2023-2024 in recent housing studies, underscores the project's potential success.

Michigan State University Federal Credit Union Goes Live With Two New Standalone Digital Brands, AlumniFi and Collegiate

Retrieved on: 
Wednesday, March 1, 2023
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NYMBUS®,a premier provider of cutting-edge financial technology solutions, today announced Michigan State University Federal Credit Union (MSUFCU) is live with not one, but two new standalone digital brands, AlumniFi and Collegiate .

Key Points: 
  • NYMBUS®,a premier provider of cutting-edge financial technology solutions, today announced Michigan State University Federal Credit Union (MSUFCU) is live with not one, but two new standalone digital brands, AlumniFi and Collegiate .
  • Olivet University will be the first to extend Collegiate digital banking and resources to students, faculty, and staff.
  • AlumniFi serves graduates with financial wellness, debt paydown, and charitable contribution tools, with plans to expand.
  • MSUFCU has been recognized by the Credit Union National Association, earning first place for the people-helping-people philosophy Louise Herring Award.