PHOENIX—Hunt Mortgage Group, a commercial real estate lender, has provided a $10.6 million Freddie Mac loan facility to refinance a multifamily property in Scottsdale.

Cortesian Apartments is a 332-unit multifamily property located at 7749 E. Camelback Rd. The property is comprised of 39, two-story apartment buildings and one fitness building. Built in 1971 and situated on 13 acres, Cortesian Apartments was renovated in 2003 and received additional capital improvements in 2011 including exterior painting, renovated laundry rooms, new water-heating boilers and repairs to the central cooling tower.

The unit mix includes 52% one-bedroom apartments that are ideal for working professionals and 48% two-bedroom units for families looking for a central location in a suburban setting. The two-bedroom floor plans include 16 townhomes with private entrances and a patio.