NEW YORK, Jan. 24, 2020 /PRNewswire/ -- Hunt Real Estate Capital announced today it provided a Fannie Mae DUS® conventional multifamily loan in the amount of $15.8 million to finance the acquisition of a multifamily property located in St. Mary's, Georgia. Park Place Apartments is a 200-unit, garden-style apartment complex located at 11919 Colerain Road. The property consists of 11 two- and three-story apartment buildings that were constructed in 1987. The property is located on a 14.2-acre site. The loan term is 12 years with five years of interest-only payments followed by a 30-year amortization for the remainder of the loan term.