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Hunt Closes Two Loans in DFW | Tony Seruga
Dec
20

Hunt Closes Two Loans in DFW

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You can’t afford to miss DFW’s industry news. Sign up for GlobeSt.com’s Texas AM Alert to start each day in the know.

Hunt Mortgage Group provided a $4.5 million loan facility to refinance Spanish Breeze, a 148-unit property located in Dallas at 3619 Bolivar Drive.

DALLAS–Hunt Mortgage Group has closed two loans under the new Freddie Mac Small Balance Loan Program, GlobeSt.com has exclusively learned. Both properties are located in the Dallas area, and the total investment was $7.7 million.

The loans each have a ten-year fixed-rate term amortizing over 30 years.  The deals include:

· Spanish Breeze Apartments: Hunt Mortgage Group provided a $4.5 million loan facility to refinance Spanish Breeze, a 148-unit property located in Dallas at 3619 Bolivar Drive. The property is comprised of three residential two-story buildings situated on three acres of land. The property features 81 studio/efficiency units, 62 one-bedroom units and five two-bedroom units. The borrower,Bolivar Redevelopment LLC, acquired the property in 2014 and also manages the property…

Hunt Closes Two Loans in DFW

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