James Flynn, chief executive officer at ORIX Real Estate Capital, formerly with Hunt Real Estate Capital. Source: Hunt Real Estate Capital

NEW YORK CITY— ORIX Real Estate Capital, a commercial real estate services platform, is planning to expand its multifamily banking business with an eye toward the affordable housing sector. The move is part of ORIX's one-to-five-year plan as the company works toward uniformity with its new acquisition of Hunt Real Estate Capital.

The firm has been focused on the multifamily lending market due to the sector's steady growth. But the demand for affordable housing has prompted ORIX into allocating resources to identifying opportunities to lend on affordable housing nationally, impartial to geographic location, James Flynn, the CEO of ORIX Real Estate Capital, tells GlobeSt.com.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.