Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today that it has opened a production office in Phoenix, Arizona and has hired Matthew Frank to oversee the local effort.
Frank was named Vice President in Hunt Real Estate Capital’s Small Balance Loan Group. He is responsible for sourcing and closing Freddie Mac small balance loans nationwide, with a focus on the southwest region of the United States. He will report to Mark Besharaty, Director and Rick Warren, Senior Managing Director at Hunt Real Estate Capital. Hunt Real Estate Capital has three main business lines: the conventional loan business, small balance loan business, and an affordable housing lending business.
“Phoenix is a quality market with strong dynamics and solid underlying real estate fundamentals,” noted Warren. “A local presence enables us to better serve the rapidly growing needs of area developers and investors. This is the seventh new Hunt Real Estate Capital office we’ve opened in the past year.”
“We are making strategic additions to our organization to expand our market reach and capitalize fully on our expanded financing capabilities,” added Besharaty. “Matt is a seasoned financial services executive with deep experience in commercial real estate and in working with businesses on debt arrangements. We are pleased he has come on board to open an office in Phoenix and serve local clients.”
Prior to joining Hunt Real Estate Capital, Frank was a Commercial Loan Officer at AlaskaUSA Federal Credit Union. Before that, he was Vice President, Commercial Lending at Unison Bank. Earlier in his career, Frank held positions with Unum Group, Infinity Software Solutions, and Union Bank of California
Frank earned his B.A. from Arizona State University and holds an Arizona Insurance License. He is a member of the MBA, NAR, ACMLA, PAF and Queen Creek Economic Development Commission.