EL PASO, TX—Hunt Cos. said Wednesday afternoon that it was bringing its Hunt Capital Partners business back under its own roof. It's doing so by acquiring Alden Capital Partners, the syndication division of Alden Torch Financial, which in turn had acquired the syndication platform from Hunt.
Deal terms were not disclosed. The business will be renamed Hunt Capital Partners, the name it operated under before its 2015 acquisition by Alden Torch.
Hunt Capital will focus on syndicating federal and state Low-Income Housing, Historic and Solar Tax Credits. The acquisition of the Hunt Capital platform, which will be led by its current senior management, comes two months after Hunt's formation of a strategic alliance with Philadelphia-based affordable housing developer Pennrose Properties this past August.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
