DAYTON, OH—New York-based Hunt Real Estate Capital provided a $33.2 million Freddie Mac multifamily loan to refinance Water Street Residential, a multifamily property at 427 Water Street in Dayton, OH.
MSF Real Estate Capital in Dublin, OH, originated the loan and represented the borrower. Chad Kiner, senior vice president and A.J. Mangan, vice president, led the team that placed the loan with Hunt Real Estate Capital.
Water Street Residential is a newly constructed apartment complex with 269 units housed in seven, multi-story residential buildings. There are 21 different floor plans and the unit mix includes 161 one-bedroom apartments, 93 two-bedroom apartments and 15 three-bedroom units.
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