Real Estate

Hunt Real Estate Capital Partners With Fannie Mae To Finance The Acquisition And Rehabilitation Of An Affordable Housing Portfolio In New York City

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NEW YORK, Dec. 3, 2018 /PRNewswire/ -- Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today it provided financing to facilitate the acquisition and rehabilitation of a multifamily portfolio located in New York City. The total transaction was $120.6 million. The Betances New York City Housing Authority (NYCHA) RAD portfolio consists of 39 scattered site multifamily properties and one community center building located in the Mott Haven section of the Bronx in New York City.

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