NEW YORK, Dec. 15, 2017 /PRNewswire/ -- Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it has provided a conventional Fannie Mae loan facility and mezzanine loan to refinance a multifamily property located in Fall River, Massachusetts. The mezzanine loan will be subordinate to the Hunt Mortgage Capital FNMA loan. The senior loan amount is $23.5 and the facility is a fixed-rate loan with a 30-year amortization schedule, four years of interest‐only payments, and a 12‐year maturity. The mezzanine loan is for $1 million and has a coterminous maturity as the senior loan at 12 years. South Coast Landings is comprised of eight, two-story residential buildings, plus a clubhouse, containing 240 units. The property was developed in 1974 and is site is situated on a 17.15 acre parcel of land. The property offers 370 parking spaces.