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California  + Finance  | 

Hunt Delivers $17M Refi for Trio of Bakersfield MFs

Hunt Mortgage Group provided two Freddie Mac Small Balance Loans and a Fannie Mae Conventional Green mortgage to refinance a three-property multifamily portfolio located Bakersfield, CA. The Hunt Mortgage Group investment totaled roughly $17 million.

Hunt’s Chris Warren says, “The borrowers are experienced commercial real estate owners that reside in Bakersfield, and have approximately 40 years of experience in multifamily real estate.”

The properties include:
– Village Lane Apartments: a 200-unit property at 5101 Marsha St. Hunt provided a $6-million Freddie Mac Small Balance Loan to refinance the asset.
– River Oaks Apartments: a 46-unit property at 336 Roberts Lane and 314 & 400 Locust St. Hunt provided a $1.86-million Freddie Mac Small Balance Loan to refinance the property.
– Park Villa Apartments (pictured): a 224-unit apartment community at 1405 White Lane. Hunt provided a $9-million Fannie Mae Conventional Green mortgage to refinance the asset. The loan will be executed as a Green Rewards Mortgage Loan.

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For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
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