Hunt Mortgage Group Finances the Acquisition of a Three Multifamily Property Portfolio Located in Columbia, South Carolina
— Total funding equals $22.3 million —
New York, NY — October 25, 2017 — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided $22.3 million to finance the acquisition of a three property portfolio in Columbia South Carolina utilizing the Fannie Mae Green Rewards Program. The financing was arranged by Aline Capital LLC, which is based in Greenville, SC.
“The borrower is an experienced multifamily investor and a repeat Hunt Mortgage Group customer,” commented Keith Morris, Vice President in the Atlanta office of Hunt Mortgage Group. “Our financing will allow the borrower to invest in energy efficient renovations and to improve the unit interiors. We were pleased to deliver these loans to a solid repeat sponsor.”
The portfolio has 625 units and includes Park Place Apartments, Copperfield Apartments and Hunter’s Ridge Apartments.
About Hunt Mortgage Group
Hunt Mortgage Group, a wholly owned subsidiary of Hunt Companies, Inc., is a leader in financing commercial real estate throughout the United States. The Company finances all types of commercial real estate: multifamily properties (including small balance), affordable housing, office, retail, manufactured housing, healthcare/senior living, industrial, and self-storage facilities. It offers Fannie Mae, Freddie Mac, HUD/FHA in addition to its own Proprietary loan products. Since inception, the Company has structured more than $21 billion of loans and today maintains a servicing portfolio of more than $13.4 billion. Headquartered in New York City, Hunt Mortgage Group has 221 professionals in 24 locations throughout the United States. To learn more, visit www.huntmortgagegroup.com.