Finance
AMERICAN COMMUNITY INVESTOR EXPANDS ITS SPECIALTY FINANCE PLATFORM
EL PASO, Texas, Aug. 8, 2022 /PRNewswire/ — American Neighborhood Investor (ACI), an entirely owned subsidiary of Hunt Corporations, Inc., in the present day introduced it has made a strategic funding in HouseMax Funding. ACI is a holding firm that invests in working platforms centered on origination, lending, and funding administration providers that make our communities higher. ACI can also be comprised of Cazenovia Creek Funding Administration, a tax lien purchaser, supervisor, and servicer, and Caz Creek Lending, an asset-based lender to business traders.
“We’re happy to make this funding into HouseMax Funding. HouseMax is a top-tier origination platform with a confirmed administration group,” mentioned Scott Campbell, CEO of American Neighborhood Investor. “HouseMax facilitates financing in city and suburban communities in 42 states and is among the high lenders within the nation.”
“Hunt is a superb accomplice that has the assets and relationships to propel HouseMax Funding and speed up our development trajectory,” mentioned Alex Morris, President of HouseMax Funding. “We couldn’t be extra excited to affix forces with such a longtime and revered group.”
The transfer expands ACI’s experience within the enterprise function lending area. HouseMax Funding, based mostly in Austin, Texas, is a specialty finance firm specializing in residential and multifamily enterprise function actual property lending, in addition to new building loans for small- and medium-sized builders in main market areas.
“The Housemax/Hunt partnership is the catalyst we sought to proceed to develop this firm to 1 that can have a major affect on the trade,” mentioned Jeff Fechter, CEO of HouseMax Funding.
About American Neighborhood Buyers:
American Neighborhood Buyers (ACI) is an funding holding firm fashioned in 2015 aimed toward enhancing our communities. Cazenovia Creek, a wholly-owned affiliate of ACI, is among the nation’s largest tax lien buying and servicing platforms.
About HouseMax Funding:
Based in 2017 by Jeff Fechter and Alex Morris, HouseMax Funding is predicated in Austin, Texas and has funded over 2,900 enterprise function loans, with a complete mortgage quantity of over $1.3 Billion.
About Hunt Corporations:
Hunt, based mostly in El Paso, Texas, is a diversified, family-owned holding firm that invests in working companies, actual property belongings and infrastructure belongings. Since its founding in 1947, Hunt’s dimension and scope have grown considerably whereas gaining appreciable experience throughout a number of actual asset sectors. Hunt’s fame is constructed on integrity and efficiency. Hunt is dedicated to a tradition of transparency for workers, purchasers, traders, and the communities it serves. Hunt and its associates make use of greater than 4,000 folks throughout america and Europe. Study extra at www.huntcompanies.com.
SOURCE Hunt Corporations, Inc.