NEW YORK, Dec. 09, 2016 (GLOBE NEWSWIRE) -- Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it opened an office in Charleston, South Carolina. John Beam, Managing Director, has been tapped to lead the local effort. He is also responsible for leading the firm’s Atlanta, Georgia office.

Beam will focus on originating agency debt, including small balance loans under the Freddie Mac and Fannie Mae Small Balance Loan Programs, as well as bridge financing through Hunt Mortgage Group’s Proprietary Loan Group. Beam will divide his time between the two offices and serve clients throughout the southeastern seaboard of the United States.

The new Hunt Mortgage Group office in located at 170 Meeting Street, Suite 208, in Charleston and the phone number is 843-314-4682.

“Our decision to open an office in Charleston is in direct response to the area’s strong market dynamics and growing demand for multifamily financing,” commented Beam. “A local presence enables us to better serve the particular needs of area investors and developers. Hunt Mortgage Group has expertise in financing all aspects of commercial real estate. ”

“John is a skilled financial services executive with an impressive track record of success at Hunt Mortgage Group,” James Flynn, President of Hunt Mortgage Group. “We are confident he will successfully launch the Charleston office and be effective in serving local commercial real estate developers. Combining John’s expertise and the company’s vast product array, we will quickly have a thriving presence in the region.”

About 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 billion. Headquartered in New York City, Hunt Mortgage Group has 189 professionals in 21 locations throughout the United States. To learn more, visit www.huntmortgagegroup.com.