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Hunt Real Estate Capital, a division of ORIX Real Estate Capital, announced that it has provided a $27 million<\/span> Fannie Mae DUS®<\/sup> Conventional Multifamily loan to refinance construction debt for Las Vistas at Amelia, a 174-unit apartment community in Miami-Dade county<\/span>.<\/p>\n Built in 2020, Las Vistas at Amelia is a workforce housing community designed to attract young professionals. The two-bedroom, two-bathroom apartments feature a modern design with ceramic tile flooring throughout, granite countertops in the kitchen and bathrooms, and state-of-the-art hurricane impact windows.<\/p>\n Located in Hialeah, Florida<\/span>, the property quickly leased up post-construction, demonstrating its strong appeal to the community.<\/p>\n “Las Vistas at Amelia is a high-quality workforce housing community that plays an important role in the city of Hialeah<\/span> by providing safe, first-rate housing for its residents,” said Marc Suarez<\/span>, director with Hunt.<\/p>\n The $27 million<\/span> loan features a low, fixed interest rate, 15-year term, and 10 years of interest only, followed by a 30-year amortization schedule. In addition to paying off construction debt, the loan provides substantial proceeds to the sponsors.<\/p>\n “Refinancing construction debt with agency financing within a year of the new build is a noteworthy feat,” Suarez concluded. “Fannie Mae multifamily financing can be impressively efficient and an optimal permanent debt solution.”<\/p>\n About Hunt Real Estate Capital<\/strong> MEDIA CONTACT Tags:<\/b> Michael Ratliff
<\/strong>Hunt Real Estate Capital (HREC), a division of ORIX Real Estate Capital, is a leader in financing multifamily housing and commercial real estate. HREC is a source of debt for multifamily, affordable housing, manufactured housing, healthcare\/senior living, retail, office, industrial, self-storage, and mixed-use assets through Fannie Mae, Freddie Mac, FHA, its own balance sheet and managed public and private investment vehicles. To learn more, visit www.huntrealestatecapital.com.<\/p>\n
<\/strong>Michael Ratliff<\/span>
Hunt Real Estate Capital
212-588-2163
michael.ratliff@huntrealestatecapital.com<\/p>\nSee Campaign: <\/strong>http:\/\/huntrealestatecapital.com<\/a>
Contact Information:<\/b>
Michael Ratliff
\nHunt Real Estate Capital
\n212-588-2163
\nmichael.ratliff@huntrealestatecapital.com<\/p>\n
<\/a>, Wire<\/a>, Wire Real Estate<\/a>, United States<\/a>, English<\/a><\/p>\n<\/div>\n
\nContact Information:<\/h3>\n
\nHunt Real Estate Capital
\n212-588-2163
\nmichael.ratliff@huntrealestatecapital.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Hunt Real Estate Capital, a division of ORIX Real Estate Capital, announced that it has provided a $27 million Fannie Mae DUS® Conventional Multifamily loan to refinance construction debt for Las Vistas at Amelia, a 174-unit apartment community in Miami-Dade county. Built in 2020, Las Vistas at Amelia is a workforce housing community designed to attract young professionals. The … Continue reading Hunt Real Estate Capital Provides $27 Million Fannie Mae Loan to Refinance a Newly-Built Multifamily Community in Hialeah, FL<\/span><\/a> Continue Reading