CAPRE’s Commercial Real Estate Headlines for October 7, 2019

Check out the latest deals and developments in commercial real estate for October 7, 2019: Hunt Real Estate Capital Provides $6.98 Million to Refinance El Paso Multifamily Property: Hunt Real Estate Capital has provided a Fannie Mae conventional multifamily loan in the amount of $6.98 million to refinance a multifamily property located in El Paso, Texas. The property was financed under Fannie Mae’s Green Rewards program with plans to implement measures that will save over 30% of combined water and energy usage, with at least 15% of those savings in energy. Treehouse Real Estate Investment Trust Announces Hiring of David Smith as Chief Financial Officer: Treehouse Real Estate Investment Trust, a privately-held real estate investment trust that owns a net leased portfolio of cannabis-related real estate, announced today that the Company has hired David Smith as Executive Vice President and Chief Financial Officer. In his role, Mr. Smith will be tasked with building out Treehouse’s platform for accounting, tax, finance and investor relations.  Mr. Smith is a seasoned executive with over 15 years of real estate experience. He joins Treehouse from New Senior Investment Group, where he most recently served as Executive Vice President and Chief Financial Officer from January 2019 to September 2019. VCBank Concludes Successful Exit from its U.S. Multifamily Residential Assets, Delivers 49% ROI for Investors: Venture Capital Bank (VCBank), an Islamic wholesale bank licensed by the Central Bank of Bahrain, announced today its successful exit from a real…