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Posted on: Sept. 6, 2019, 3:01 p.m.
Hunt Real Estate Capital provided the affordable financing for the 216-unit property. : Hunt Real Estate Capital has recently provided a $64.1 million Fannie Mae affordable multifamily loan for the acquisition of a 216-unit community in San Pedro, Calif. SDG Housing Partners had acquired the property, Park Western Apartments, from a private owner for $62.9 million, equating to $337.03 per square foot. The MBS as Tax-Exempt Bond Collateral (M.TEB) loan has a 17-year term and 40-year amortization, along with significantly ... Full investment news article