NEW YORK, May 28, 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 $18.8 million to refinance a student housing property located in Winston-Salem, North Carolina. Villages at Wake Forest is a purpose-built rent-by-the-bed student housing property containing 270 bedrooms and a total 69 units, each with three or four bedrooms within 58, one- and two-story cottage-style multifamily buildings. The loan features a 10-year term with an initial three years of interest-only followed by seven years of amortization.