News:
Brokerage
Posted: May 17, 2016
Hunt Mortgage Group hires Hoppin, expands Affordable Housing Team
Denver, CO According to Hunt Mortgage Group, Timothy Hoppin has joined the firm’s affordable housing group as director. He will report to Paul Weissman, senior managing director.
Hoppin will focus on sourcing and originating affordable housing loans nationwide. He joins Hunt Mortgage Group from Citigroup Corporate and Investment Bank where he was a vice president, on the banking team in Citi Community Capital, Municipal Securities Division. While at Citi, Hoppin closed over $300 million of taxable and tax-exempt debt with for profit developers, non-profits and housing authorities.
Prior to Citi, Hoppin was on the commercial real estate acquisitions team for Baceline Investments, LLC and served as a vice president – underwriting at Newman & Associates, that was acquired by Citigroup Corporate and Investment Bank.
“We are actively building our affordable housing platform. Today we offer our clients an extensive variety of financing products to help them expand their businesses,” noted Weissman. “The affordable multifamily housing market is growing rapidly and it’s a strong part of the Hunt Mortgage Group legacy.”
Hunt Mortgage Group is long-established in the affordable housing debt and equity finance markets, having sourced and originated affordable loans since the 1980’s.“Tim is an experienced and highly successful affordable housing and agency lending executive,” added Weissman. “We are excited that he joined our Denver team.”
Hoppin earned a B.A. in Economics from the University of Colorado at Boulder and an MBA in Finance from the Daniels College of Business at the University of Denver.
Hunt Mortgage Group offers debt for both conventional and affordable multifamily properties and is uniquely positioned in the multifamily space with more than four decades of experience. Today, Hunt Mortgage Group is structured to maximize efficiencies with dedicated originations and underwriting teams to support its affordable, conventional, and small balance lending businesses.
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
Quick Hits
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
