Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today that Kevin Deegan has joined the firm’s rapidly growing affordable housing/FHA group as Director. He will be focused primarily on originating and closing Affordable and FHA multifamily loans nationwide, but will also serve clients using Hunt Real Estate Capital’s balance sheet products and agency executions. He will be based in New York and will report to Paul Weissman, Senior Managing Director.
In his new role at Hunt Real Estate Capital, Deegan will partner with Suzanne Cope, Director, who is based in the Denver, Colorado office. They will be jointly sourcing, evaluating and closing affordable and market rate loans.
“Kevin is a veteran industry executive with extensive experience in all facets of the affordable housing industry, and a solid track record of success,” noted Weissman. “We are actively working to build our affordable and FHA platform nationwide and are confident Kevin will play a key role in helping us continue to expand this already strong platform.”
Hunt Real Estate Capital has been a long-established player in the affordable housing debt and equity finance markets, having sourced and originated affordable loans since the 1980’s.
“I am pleased that Kevin has elected to join me as a member of the Hunt Real Estate Capital team,” commented Cope. “I look forward to partnering with him to continue to serve clients across the country in an expanded and creative way.”
Prior to joining Hunt Real Estate Capital, Deegan was Director, Real Estate Advisory Services (REAS) at National Valuation Consultants. Prior to that he held positions with Harmony Housing/Greystone & Co. and Centerline Capital Group (F/K/A Related Capital Group). Deegan is a graduate of Virginia Tech University.
“The need for quality affordable housing is strong across the country. We are committed to addressing the shortage of housing resources for our ever-growing population, and the increasing interest of its communities to meets these needs. Kevin and Suzie have successfully partnered to provide optimal service in the past. We are confident they will play a big role in helping us reach our growth goals with the affordable group.” concluded Weissman.