Real Estate
In a deal arranged by Hunt Real Estate Capital, the 47-unit Navy Yard Apartments received financing through Fannie Mae. : Hunt Real Estate Capital provided a $9.9 million Fannie Mae loan for the acquisition of Navy Yard Apartments in Boston. An entity affiliated with Multifamily Acquisition Advisors and Serone Asset Management purchased the historic property. The 10-year financing includes full-term interest-only payments. Yield maintenance will apply during the first 9.5 years, with a 1 percent prepayment fee thereafter. The 47-unit garden-style community encompasses two studios and 30 one- and 15 two-bedroom units.

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