Hunt Mortgage Group Hires Stephen Wessler in its Affordable Housing GroupNew York, NY — March 16th, 2016
Hunt Mortgage Group announced today that Stephen Wessler has joined the firm’s affordable housing group as Director. He will be based in the Denver office and will report to Paul Weissman, Senior Managing Director.
“As the affordable multifamily housing market continues to grow, Hunt Mortgage Group is well-positioned to offer our clients an extensive variety of financing products to help them expand their businesses,” noted Weissman. “In his new role at the firm, Steve will focus on sourcing and originating HUD and FHA lending nationwide.”
Hunt Mortgage Group is long-established in the affordable housing debt and equity finance markets, having sourced and originated affordable loans since the 1980’s.
Wessler comes to Hunt Mortgage Group from Red Stone Agency Lending, LLC where he was President and National Director focused on HUD/FHA and tax exempt affordable housing. While at Red Stone, he was part of the loan committee that established lending and underwriting practices for the business.
Prior to that he served as Vice President and Co-manager of the Denver Regional Office at PNC Multifamily Capital, Inc. Before that he served in a variety of lending capacities at AMI Capital and Silverstate Financial Corporation.
“Steve is an experienced and highly successful affordable housing and agency lending finance executive with more than 30 years of experience,” added Weissman. “We are excited to add someone of his caliber to our team.”
Wessler earned a B.S. in Business Administration from the University of Denver.
Hunt Mortgage Group offers debt for both conventional and affordable multifamily properties and is uniquely positioned in the multifamily space with more than four decades of experience. Today, Hunt Mortgage Group is structured to maximize efficiencies with dedicated underwriting teams to support its affordable, conventional, and small balance lending businesses.
Hunt Mortgage Group
Hunt Mortgage Group
Hunt Mortgage Group, a wholly owned subsidiary of Hunt Companies, Inc., is a leader in financing commercial real estate throughout the United States. 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, HUD/FHA in addition to its own Proprietary loan products. Since inception, the Company has structured more than $21 billion of loans and today maintains a servicing portfolio of more than $12.5 billion. Headquartered in New York City, Hunt Mortgage Group has 191 professionals in 22 locations throughout the United States.