Hunt Real Estate Capital announced that it has now been approved as a Fannie Mae Seniors Housing Lender.
“We are pleased to be approved as a Fannie Mae Seniors Housing Lender. Fannie Mae has been a key partner and valuable source of financing for clients of Hunt Real Estate Capital since 1988,” noted James P. Flynn, President and Chief Investment Officer at Hunt Real Estate Capital. “We have made a concerted effort to expand our dedicated senior’s housing origination and underwriting resources, and this approval from Fannie Mae is a testament to the strength of that team.”
Key features of the Fannie Mae execution include the speed of execution, the low-cost structure, the upfront structuring flexibility of term and amortization, and the ability to increase debt years into the term via supplemental financing.
“The seniors housing market continues to be ripe with opportunity, and Fannie Mae’s lending program remains one of the most attractive vehicles for long-term financing among owners,” added Kathryn Burton Gray, Senior Managing Director and Head of Seniors Housing and Healthcare at Hunt Real Estate Capital. “The Fannie Mae product is one that absolutely must be considered by all long-term assisted living and independent living owners.”