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Sign in Sign up for a FREE subscriptionJapanese firm buys Hunt Real Estate Capital
ORIX Corp. USA, the U.S. and Latin American business hub for Tokyo-based ORIX Corp., has signed a definitive agreement to acquire Hunt Real Estate Capital, a subsidiary of Hunt Cos.
The acquisition combines ORIX USA and the product offerings of ORIX Real Estate Capital brands, Lancaster Pollard and Red Capital Group, with Hunt Real Estate Capital’s presence in the multifamily industry.
Upon closing, 15-year industry veteran James Flynn, Hunt Real Estate Capital’s president and CIO, will be the CEO of the combined entity.
The combination of Hunt Real Estate Capital and ORIX Real Estate Capital will create a commercial real estate finance platform with annual loan production in excess of $9 billion and a servicing portfolio of more than $40 billion.
The acquisition is expected to close in 2019, subject to customary closing conditions and regulatory approvals.
