New York-based national commercial lender Hunt Mortgage Group has announced that it is launching a new unit focused on the seniors housing and healthcare industry
New York-based national commercial lender Hunt Mortgage Group has announced that it is launching a new unit focused on the seniors housing and healthcare industry.
Several key hires have also been announced for the unit, which will expand the firm’s lending platform into the Fannie Mae and Freddie Mac senior space, and Hunt Mortgage Group will now offer bridge loan solutions to clients in the sector through its Proprietary Lending platform.
Kathryn Burton Gray will be head of the business and senior managing director.
"Kathryn brings extensive experience in the healthcare and seniors housing industries and will lead our efforts to become a prominent provider of financing in this space," noted Jim Flynn, President and Chief Investment Officer at Hunt Mortgage Group. "The addition of a dedicated unit focused exclusively on seniors housing and healthcare, in conjunction with our existing FHA production team, positions us well to make tremendous headway in this sector."
Along with Burton Gray, the senior team of James Scribner and Jason Smeck (managing directors) and Brady Johnson (director); were previously with Red Capital Group.
"This new team has a renowned reputation in the industry and we are delighted to announce they have joined the Hunt Mortgage Group team," added Flynn. "As part of this expansion, we anticipate adding additional sales analyst, credit, underwriting and asset management personnel in the near future and look forward to the growth of this business unit."
