News Summary

• HHHunt Corporation has sealed a $619 million debt package to refinance a multifamily portfolio in the Southeast U.S. PGIM Real Estate supplied the loan through its agency lending platform for the 15 rental apartment assets encompassing 427 total units.
• The financing was broken up into a $412.8 million Freddie Mac-backed deal consisting of five loans, followed by a $206.16 million Fannie Mae-backed transaction.
• The portfolio consists of mid-rise buildings and garden apartment complexes constructed from 2001 to 2023.