{"id":20303,"date":"2019-01-25T02:08:48","date_gmt":"2019-01-25T08:08:48","guid":{"rendered":"http:\/\/www.pintailcos.com\/hunt-re-capital-finances-affordable-deal-for-avanath\/"},"modified":"2019-01-25T02:08:48","modified_gmt":"2019-01-25T08:08:48","slug":"hunt-re-capital-finances-affordable-deal-for-avanath","status":"publish","type":"post","link":"https:\/\/pintailcos.com\/web\/hunt-re-capital-finances-affordable-deal-for-avanath\/","title":{"rendered":"Hunt RE Capital Finances Affordable Deal for Avanath"},"content":{"rendered":"Hunt Real Estate Capital has provided a $19.5-million Fannie Mae affordable multifamily loan to a Texas LLC sponsored by Los Angeles-based Avanath Capital Management (ACM). The loan financed the acquisition of the 280-unit Blunn Creek Apartments, an affordable housing community at 701 Woodward St. in Austin.\n\u201cACM is a California-based investment firm that acquires, renovates, and operates apartment properties with an emphasis on affordable and workforce communities,\u201d said Paul Weissman, senior managing director and head of originations for affordable housing finance at Hunt Real Estate Capital.\nHunt was able to provide four-years of interest only payments on this transaction.\n\u201cThe borrower has allocated approximately $2 million in funding for a variety of interior and exterior improvements,\u201d added Weissman. \u201cWe were pleased to partner with this qualified sponsor on such a nice property to offer residents of Austin a solid opportunity for affordable housing.\u201d\n Connect With Hunt Real Estate Capital \n\nSubscribe to Connect Daily Texas \nFor comments, questions or concerns, please contact Paul Bubny\nThe post Hunt RE Capital Finances Affordable Deal for Avanath appeared first on Connect Media.","protected":false},"excerpt":{"rendered":"<p>Hunt Real Estate Capital has provided a $19.5-million Fannie Mae affordable multifamily loan to a Texas LLC sponsored by Los Angeles-based Avanath Capital Management (ACM). The loan financed the acquisition of the 280-unit Blunn Creek Apartments, an affordable housing community at 701 Woodward St. in Austin. \u201cACM is a California-based investment firm that acquires, renovates, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20304,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[108],"tags":[],"class_list":["post-20303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"887media\"\/>\n\t<meta name=\"google-site-verification\" content=\"MFbWFkghaMpZAbZ3Qqv_o3sap3nOYArTs4nRWNFi3ig\" \/>\n\t<link rel=\"canonical\" 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