NEW YORK, Oct. 13, 2015 /PRNewswire/ -- Hunter Bay Capital LLC, a boutique middle market real estate lender and advisory firm and a founding sponsor of RealConnex, has arranged a $25 million line of credit for an institutional real estate investor based outside the US. The proceeds of the line of credit will be used to acquire single-family homes in the US as rental properties. This transaction is part of Hunter Bay's strategy of bringing domestic real estate opportunities to foreign investors. A member of RealConnex assisted Hunter Bay in arranging the transaction.
RealConnex is an online network that connects professionals in every segment of the commercial real estate market. The platform includes tools for developers, lenders, equity investors and service providers, among other innovative features. RealConnex is currently in public beta with a launch scheduled for Q4 of 2015.
"We are delighted for our sponsor, Hunter Bay Capital," RealConnex founder and CEO Roy Abrams commented. "Hunter's completion of this transaction demonstrates their ability to add value for their clients, something that is at the core of the RealConnex mission as well."
"Our sponsorship and participation in RealConnex is a key component of our growth strategy," said Hunter's Andrew Gendron. "Hunter Bay and RealConnex share a commitment to making real estate transactions faster, simpler and less expensive."
RealConnex is a networking and business development tool for commercial real estate professionals that connect people and opportunities. The platform brings your entire real estate world together in a single, powerful integrated system. With RealConnex, your capabilities to network and forge valuable business relationships are endless.
About Hunter Bay Capital
Hunter Bay Capital is a boutique middle market real estate lender and advisory firm based in Florida. Hunter works with clients throughout the US and its geographic footprint for making real estate loans is nationwide.