Centerline Capital Group Officially Renamed Hunt Mortgage Group
- Jul 28, 2014
New York—Centerline Capital Group, a provider of real estate mortgage services for affordable and conventional multifamily housing, announced that it has been renamed Hunt Mortgage Group, completing the firm’s transition to Hunt Companies Inc. Centerline was acquired by Hunt in late 2013. Centerline’s asset management and tax credit syndication businesses were transitioned to Hunt earlier this year.
Hunt is a privately owned investor, developer and manager of real assets headquartered in El Paso, Texas. With more than 1,200 employees, Hunt provides a broad range of real estate services to both public and private sector clients.
Hunt Mortgage Group works with developers, owners and investors to provide capital to develop, acquire or redevelop their real estate assets. The firm is one of a select few agency lenders nationally with $10.4 billion of loans in its mortgage servicing portfolio (as of 6/5/14). The firm is a Fannie Mae DUS lender, Freddie Mac Program Plus Seller Servicer, FHA approved MAP Lender and GNMA issuer, financing a wide range of properties including student housing, manufactured housing, cooperatives, and affordable rental housing. In addition, Hunt Mortgage Group offers CMBS, bridge loans and select joint venture equity products. The firm has
Since Wrzosek joined the firm in late 2013, Hunt Mortgage Group has launched three new products, including the creation of a lending program for senior housing/healthcare properties, a multifamily bridge loan program, and a small loan portfolio lending program.
Hunt Mortgage Group’s conventional multifamily mortgage banking team is led by William Hyman, senior managing director, and the affordable multifamily housing debt unit is managed by Philip Melton, senior managing director.