HOUSTON--Hunt Mortgage Group has provided a $44,437,000 Freddie Mac loan to facilitate the acquisition and upgrading of a multifamily property located in The Woodlands, the company exclusively tells GlobeSt.com.
The Park at Research Forest, a 396-unit apartment complex located at 8900 Research Park Drive, is a master-planned community; the seven-year loan includes full-term interest-only payments.
“The Woodlands is a growing market and has exhibited an increasing demand for high-quality multifamily housing,” says James Kelly, vice president of Hunt Mortgage Group.
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