Winston-Salem, N.C. — Hunt Real Estate Capital has provided an $18.8 million refinancing for Villages at Wake Forest, a 270-bed student housing community located near Wake Forest University in Winston-Salem. The Fannie Mae, conventional loan features a 10-year term with an initial three years of interest-only followed by seven years of amortization. The borrower is Wake Forest Student Housing Associates LLC. The property offers three- and four-bedroom units with shared amenities including a pond, outdoor lounge area and a fire pit.
Hunt Real Estate Provides $18.8 Million Refinancing for 270-Bed Community near Wake Forest