The company provided a 10-year, fixed-rate Fannie Mae conventional loan for Hibbard Tower, Kean Building and Trombley Lodge. :
Hunt Real Estate Capital provided a $7.5 million, 10-year Fannie Mae loan for a three-property multifamily portfolio in Detroit. Hibbard Tower, The Kean Building and Trombley Lodge are three iconic buildings completed between 1926 and 1931 which house a total of 131 units. According to Crain’s Detroit, the assets, which Triton Properties bought in 2013, went on auction at the end of 2016 and were purchased in 2017.