The Hunt Mortgage Group announced the opening of its new office in Phoenix, Ariz., according to a news release.
“Phoenix is a quality market with strong dynamics and solid underlying real estate fundamentals,” said Rick Warren, senior managing director at Hunt Mortgage. “A local presence enables us to better serve the rapidly growing needs of area developers and investors.”
Matthew Frank will head the office as vice president of the company’s small-balance loan group, and will be responsible for Freddie Mac small-balance loans nationwide with a focus on the southwest region.
“We are making strategic additions to our organization to expand our market reach and capitalize fully on our expanded financing capabilities,” said Hunt Mortgage Director Mark Besharaty. “Matt is a seasoned financial services executive with deep experience in commercial real estate and in working with businesses on debt arrangements. We are pleased he has come on board to open an office in Phoenix and serve local clients.”
Frank worked as a commercial loan officer at AlaskaUSA Federal Credit Union and was also vice president for commercial lending at Unison Bank before joining Hunt Mortgage.
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