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Hunt Real Estate Capital Refinances A Multifamily Property Located In Baton Rouge, Louisiana

by benzinga.com posted 6days ago 12 views
NEW YORK, Feb. 12, 2019 /PRNewswire/ -- Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today it provided a Fannie Mae conventional loan in the amount of $30 million to refinance a multifamily property located in Baton Rouge, Louisiana. River House Apartments is a 224-unit, Class-A multifamily property located at 1480 Nicholson Drive in the East Baton Rouge Parish. The property is comprised of 168 one-bedroom units and 56 two-bedroom units, housed in two, four-story mid-rise structures. The loan features a 10-year term amortized over 30-years with two-years of interest only payments.

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