Chicago-based Centerline Capital Group, a provider of real estate mortgage services for affordable and conventional multi-family housing, has been renamed Hunt Mortgage Group, completing the firm’s transition to Hunt Companies, Inc.
Centerline was acquired by Hunt in late 2013. Centerline’s asset management and tax credit syndication businesses were transitioned to Hunt earlier this year.
Hunt is a privately-owned investor, developer and manager of real assets headquartered in El Paso, Texas, with more than 1,200 employees.
“The acquisition of Centerline was extremely beneficial to Hunt as it enabled us to add a national mortgage-banking platform and significantly expand our affordable housing asset management business at the same time,” said Woody Hunt, chairman and chief executive officer of Hunt Companies, in a written statement.