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Hunt Mortgage Group Provides Construction Financing for a New Multifamily Property to be Built in Ennis, Texas

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NEW YORK, June 29, 2017 /PRNewswire/ -- Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided an FHA mortgage loan in the amount of $23.5 million to finance the development of a new multifamily property located in Ennis, Texas, a small town approximately 45 miles south of downtown Dallas. Proceeds from the loan will be used to build Spyglass Apartments, a new property that will be built on a 12.9-acre site. When complete, the property will have 192-units housed in nine, three-story...

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