Hunt Real Estate Capital recently provided a Fannie Mae DUS conventional loan in the amount of $12 million to finance the acquisition of a multifamily property, Cedar Ridge Townhomes in Arlington, TX.

The 23,746-square-foot property features 32 residential units and one commercial unit. On the ground-floor is Corner Social Bar & Restaurant, a well-known staple and gathering spot in the neighborhood.

New Jersey Department of Environmental Protection Commissioner Catherine R. McCabe and New Jersey Economic Development Authority CEO Tim Sullivan joined Paterson Mayor Andre Sayegh at the Great Falls Visitor Center to launch the Community Collaborative Initiative program in Paterson yesterday.