Hunter Wise Places LOC for CRE Lender

Hunter Wise Financial Group LLC, Irvine, Calif., and Houston, has announced the placement of a $200 million senior line of credit for Commercial Capital Inc., a Denver-based company that specializes in short-term commercial real estate lending.Hunter Wise said the transaction more than doubled the lending capacity (to over $350 million) of Commercial Capital, a privately held commercial mortgage banking and capital partnering company. "Our strategic plan is to become the foremost short-term commercial real estate lender in the small to mid-tier development market," said Matthew Witt, president and chief executive officer of Commercial Capital. "With our new lending capacity, we are now one of the leading private lenders in the Rocky Mountain region."

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS