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Atlanta & Southeast  + Southeast  + Finance  | 

Hunt Delivers $27M in Acquisition, Renovation Financing for Chattanooga MF

Hunt Real Estate Capital provided a first mortgage bridge loan in the amount of $27.35 million to finance the acquisition and renovation of Rise at Signal Mountain, a multifamily property in Chattanooga, TN. The borrower was Birmingham, AL-based StoneRiver Company, LLC.

The 99%-occupied asset is a 280-unit, garden-style multifamily community located at 1185 Mountain Creek Rd. The property consists of a 42.9-acre site, and is comprised of 19 two and three-story residential buildings built in 1986.

“Rise at Signal Mountain is very well located and benefits from solid access and visibility from roadway frontage,” said Hunt Real Estate Capital’s Chad Hagwood, who handled the deal. “The borrower will invest just under $2 million in additional capital improvements post-closing.”

The non-recourse interest-only first mortgage bridge loan features a 30-month term with three extension options.

For comments, questions or concerns, please contact Dennis Kaiser

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Inside The Story

Connect With StoneRiver Company, LLCConnect With Hunt Real Estate Capital’s Hagwood

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
  • ◦Sale/Acquisition
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