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Hunt Earmarks $300M for Fixed-Rate Loan Offering

New York-based Hunt Mortgage Group launched a new fixed rate loan program, and initially earmarked $300 million in capital for the offering. The product offers borrowers a seven-year fixed rate loan, collateralized by multifamily and commercial real estate properties for acquisitions or refinancing.

Hunt’s Barry Polen said, “This new loan product enables us to expand our stabilized lending products beyond our robust agency programs. This fixed product offers a unique financing option with a spread lock, surety of close and continuity with Hunt Mortgage Group for the life of the loan.”

The CRE financing firm will provide loans from $7.5 million to $25 million nationwide. The program is designed to appeal to providers of conduit debt, because it allows borrowers to lock in spreads for a seven-day period during the loan application process, and a 45-day period from the receipt of an executed loan application until the loan closes.

 


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Pictured (L to R) Hunt’s Barry Polen and Michael Becktel

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