NEW YORK, NY - Hunt Mortgage Group, a commercial real estate lender, announced today that Mark Besharaty has joined the team as Vice President in the Small Loan Group. In this role, he will source and originate Freddie Mac and Fannie Mae small loans for clients in the Western Region of the United States. Besharaty will be based in the firm’s Irvine, California office and will report to Rick Warren, Senior Managing Director Mortgage Banking.
Besharaty comes to Hunt Mortgage Group from MUFG Union Bank where he served as vice president in the commercial mortgage operations division. While at Union Bank he led teams that successfully implemented multiple projects in addition to growing production volumes and being recognized as one of the top producers for the group.
“Mark brings more than 20 years of commercial real estate experience to his new role at Hunt Mortgage Group,” noted Warren. “He is well versed in all aspects of the origination process for commercial real estate, including multifamily transactions through both wholesale and retail channels. We are confident he will expand our footprint in the western region and help us achieve our overall growth goals.”
Before Union Bank, Besharaty was managing director with Almas Capital in Dubai, where he oversaw construction financing for major development projects throughout the region. Prior to that, he served as vice president with Jackson Federal Bank where he was responsible for commercial real estate originations and received three annual awards given to the top producers at the bank.
Besharaty serves as chairman of the Commercial Lenders Association, and holds a California real estate broker license. He received his bachelor’s degree from the University of Massachusetts, Amherst, and holds an MBA in finance from The Wharton School at the University of Pennsylvania.
About Hunt Mortgage Group: Hunt Mortgage Group, a wholly owned subsidiary of Hunt Companies, Inc., is a specialty finance company focused on financing commercial real estate nationwide. The Company specializes in financing multifamily properties, but also finances: affordable housing, manufactured housing, healthcare/senior living, office, retail, industrial, and self-storage facilities throughout the United States. It offers Fannie Mae, Freddie Mac, HUD/FHA and its own proprietary loan products. The Company maintains a servicing portfolio of over $10.9 billion. Headquartered in New York City, Hunt Mortgage Group is comprised of 136 employees located in 15 locations throughout the United States. To learn more about Hunt Mortgage Group, visit www.huntmortgagegroup.com