ORIX USA Creates Top-Tier Commercial Real Estate Lender with Acquisition of Hunt Real Estate Capital
07 January 2020 - 12:30AM
Business Wire
ORIX Corporation USA (ORIX USA), the U.S. and Latin America
business hub for Tokyo-based ORIX Corporation (ORIX), announced
today that it completed the acquisition of Hunt Real Estate
Capital, LLC, a subsidiary of Hunt Companies, Inc. ORIX USA will
combine Hunt Real Estate Capital with its two ORIX Real Estate
Capital brands, Lancaster Pollard and RED Capital Group, to form a
full-service entity with the goal of emerging as a top-tier
national commercial real estate lender.
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James P. Flynn (Photo: Business Wire)
“The combined organization will possess the capital, national
presence, servicing capability, and range of debt and investment
solutions to address the needs of the entire commercial real estate
community more flexibly than traditional banks and other lenders,”
said Terry Suzuki, ORIX USA President and CEO.
The newly created company will be led by industry veteran James
P. Flynn, Hunt Real Estate Capital’s President and Chief Investment
Officer. Together, the annual transaction production for Hunt Real
Estate Capital and ORIX Real Estate Capital exceeded $9 billion in
2019 with a combined servicing portfolio of more than $40
billion.
“This is an exciting opportunity to create a premier commercial
real estate finance platform with a national reach,” Flynn said.
“The combined company will benefit from our complementary talents
and expertise, our shared culture of high-quality service and our
extensive base of loyal clients.”
“ORIX USA will integrate these three companies into a single
business unit over the next several months with the ability to
provide diverse capital products and solutions for our customers
and partners,” Jerry Abrahams, Chief Executive Officer for ORIX
Commercial Mortgage Servicing Group said. “We are bringing together
the talent of these organizations and are confident that this new
business entity is poised for growth and leadership across the
commercial real estate space.”
ORIX Corporation USA (ORIX USA)
Since 1981, ORIX USA has provided innovative capital solutions
that clients need to propel their business to the next level. ORIX
USA and its subsidiaries — Boston Financial Investment Management,
ORIX Real Estate Capital (the combined company of RED Capital Group
and Lancaster Pollard), NXT Capital, Mariner Investment Group, RB
Capital and ORIX Capital Partners—include a team of more than 1,000
employees spanning more than 30 offices across the U.S. and Brazil.
ORIX USA and its family of companies have $64 billion of assets
under management, administration and servicing (including more than
$9 billion held by the company and its subsidiaries).* Its parent
company, ORIX Corporation, is a publicly owned international
financial services company with operations in 37 countries and
regions worldwide. ORIX Corporation is listed on the Tokyo Stock
Exchange (8591) and New York Stock Exchange (IX). For more
information, visit orix.com.
*All figures are as of March 2019.
Hunt Real Estate Capital
Hunt Real Estate Capital, a subsidiary of ORIX Corporation USA,
is a leader in financing commercial real estate throughout the U.S.
The Company finances all types of commercial real estate:
multifamily properties (including small balance), affordable
housing, office, retail, manufactured housing, healthcare/senior
living, industrial and self-storage facilities. It offers Fannie
Mae, Freddie Mac and FHA in addition to its own proprietary loan
products. Since its inception, the Company has structured more than
$30.6 billion of loans and today maintains a servicing portfolio of
more than $16.3 billion. Headquartered in New York, Hunt Real
Estate Capital has over 270 professionals in 25 locations
throughout the U.S. For more information, visit
huntrealestatecapital.com.
ORIX Real Estate Capital
ORIX Real Estate Capital (OREC), the combined company of RED
Capital Group and Lancaster Pollard, provides specialized capital
solutions for multifamily, affordable, seniors and health care real
estate together with its affiliated companies. The OREC companies
have financed approximately $100 billion in total transaction
amount and originate $6 billion annually, with a servicing
portfolio of $25 billion. OREC is a Fannie Mae DUS®, Map- and
Lean-Approved FHA, and Freddie Mac OptigoSM Small Balance lender.
Headquartered in Columbus, Ohio, the company has approximately 330
employees in offices nationwide. ORIX Real Estate Capital is a
subsidiary of ORIX Corporation USA, which provides investment
capital and asset management services to clients in the corporate,
real estate and municipal finance sectors. For more information,
visit orixrealestatecapital.com.
Caution Concerning Forward-Looking Statements: These
documents may contain forward-looking statements about expected
future events and financial results that involve risks and
uncertainties. Such statements are based on our current
expectations and are subject to uncertainties and risks that could
cause actual results that differ materially from those described in
the forward-looking statements. Factors that could cause such a
difference include, but are not limited to, those described under
“Risk Factors” in the Company’s annual report on Form 20-F filed
with the United States Securities and Exchange Commission and under
“(4) Risk Factors” of the “1. Summary of Consolidated Financial
Results” of the “Consolidated Financial Results April 1, 2018 –
March 31, 2019.”
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Jeff Smith jeff.smith@orix.com 214.237.2301
Dione Martin dmartin@marketwave.biz 972.852.2725
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