CAPRE’s Commercial Real Estate Headlines for November 5, 2019

Check out the latest deals and developments in commercial real estate for November 5, 2019: ORIX USA to Expand Multifamily Banking Business with Acquisition of Hunt Real Estate Capital: ORIX Corporation USA, the U.S. and Latin America business hub for Tokyo-based ORIX Corporation, will acquire Hunt Real Estate Capital, a subsidiary of Hunt Companies, Inc. The acquisition combines the financial strength of ORIX USA and the complementary product offerings of ORIX Real Estate Capital brands, Lancaster Pollard and Red Capital Group, with Hunt Real Estate Capital’s strong presence in the multifamily industry. New York-based Hunt Real Estate Capital has earned a reputation for providing tailored financing solutions to multifamily investors across the country through its nationwide network of 25 offices. The commercial real estate lender offers the full range of Fannie Mae, Freddie Mac, and FHA financing, as well as proprietary bridge, term, and subordinated products. Hunt Real Estate Capital Provides $24.22 Million Freddie Mac Loan to Refinance Indianapolis Multifamily Property: In other news, Hunt Real Estate Capital has also provided a Freddie Mac conventional multifamily loan in the amount of $24.22 Million USD to refinance an apartment portfolio located in Indianapolis, IN. Circle City Apartments is a 356-unit apartment portfolio comprised of six mid-rise buildings that range in size from 24 to 136 units. The portfolio was constructed from 1900 to 1929, and features a net-rentable residential area of 231,000 square feet. The borrower is Old Northside Capital Partners.…