Hunter Street Partners and Rice Park Capital will team up to launch a new investment platform of portfolios of single-family and small multi-family properties loans.
Hunter Street Partners is an investment management firm based in Minneapolis. Rice Park Capital Management is an investment firm that focuses on real estate and structured products, and is also based in Minneapolis.
Neal Johnson, CEO and CIO at Hunter Street Partners, said the COVID-19 pandemic's impact had caused uncertainty in the traditional residential transition loan market, despite fundamentals for housing remaining "relatively stable."
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