NEW YORK, NY - Hunt Mortgage Group, a commercial real estate lender, announced today that Marc Suarez has been promoted to Director. Previously a Senior Vice President, Suarez joined Hunt Mortgage Group in mid-2014 to open a commercial mortgage financing office in Miami, Florida and lead the local effort.
“Marc has made significant contributions to our business since joining the firm,” commented Bill Hyman, Senior Managing Director at Hunt Mortgage Group. “He has taken on a leadership role in building the south Florida market for Hunt Mortgage Group. He was instrumental in opening and staffing our new Miami office and recently structured the financing for a client to acquire The Park at Savino, a multifamily property located in Orlando.”
The Park at Savino is a 200-unit, garden style apartment complex located at 1980 Lake Fountain Drive in Orlando. The property consists of ten primary buildings and three non-residential buildings that house the leasing office/clubhouse, fitness center and maintenance building. Hunt Mortgage Group provided a $10.2 million Freddie Mac loan to finance the acquisition of The Park at Savino.
“Marc was a key hire for Hunt Mortgage Group,” continued Hyman. “His expertise and vast knowledge in the south Florida real estate market has helped us raise our visibility in the region. Marc is a frequently invited speaker at industry events and conferences because of his keen understanding of the various markets and how finance is helping to shape those areas. We are confident he will continue to extend the geographic reach of our mortgage banking capabilities in the southeast.”
About Hunt Mortgage Group: Hunt Mortgage Group, a wholly owned subsidiary of Hunt Companies, Inc., is a market leader focused on financing commercial real estate throughout the United States. The Company finances all types of multifamily properties (including small balance), affordable housing, manufactured housing, healthcare/senior living, office, retail, industrial, and self-storage facilities nationwide. It offers Fannie Mae, Freddie Mac, HUD/FHA in addition to its own proprietary loan products. The Company maintains a servicing portfolio of $11 billion. Headquartered in New York City, Hunt Mortgage Group is comprised of 139 employees located in 16 locations throughout the United States. To learn more about Hunt Mortgage Group, visit www.huntmortgagegroup.com.