EL PASO, TX, August 8, 2022 /PRNewswire/ — American Community Investor (ACI), a wholly owned subsidiary of Hunt Companies, Inc., today announced that it has made a strategic investment in HouseMax Funding. ACI is a holding company that invests in operating platforms focused on origination, lending and investment management services that improve our communities. ACI also includes Cazenovia Creek Investment Management, a buyer, manager and tax lien manager, and Caz Creek Lending, an asset-based lender to commercial investors.
“We are delighted to make this investment in HouseMax Funding. HouseMax is a leading origination platform with a proven management team,” said Scott Campbell, CEO of American Community Investor. “HouseMax facilitates financing in urban and suburban communities in 42 states and is one of the nation’s leading lenders.”
“Hunt is a great partner with the resources and connections to propel HouseMax Funding and accelerate our growth trajectory,” said Alex Morris, President of HouseMax Financing. “We couldn’t be more excited to join forces with such an established and respected organization.”
This decision expands ACI’s expertise in the area of business lending. HouseMax financing, based in Austin, TXis a specialty finance company focused on residential and multi-family real estate loans for commercial purposes, as well as new construction loans for small and medium-sized builders in major markets.
“The Housemax /Hunt partnership is the catalyst we have been looking for to continue to build this company into one that will have a significant impact on the industry,” said Jeff FechterCEO of HouseMax Financing.
About US Community Investors:
American Community Investors (ACI) is an investment holding company established in 2015 aimed at improving our communities. Cazenovia Creek, a wholly owned subsidiary of ACI, is one of the nation’s largest tax lien buying and management platforms.
About HouseMax Financing:
Founded in 2017 by Jeff Fechter and Alex MorrisHouseMax Financing is based in Austin, TX and has funded over 2,900 business loans, with a total loan volume of over $1.3 billion.
About Hunting Societies:
Huntsituated at El Paso, TX, is a diversified family holding company that invests in operating businesses, real estate assets and infrastructure assets. Since its creation in 1947, Hunt significantly increased in size and scope while gaining considerable expertise in several real asset sectors. Hunt reputation is based on integrity and performance. Hunt is committed to fostering a culture of transparency for employees, customers, investors and the communities it serves. Hunt and its subsidiaries employ more than 4,000 people across United States and Europe. Learn more about www.huntcompanies.com.
SOURCE Hunt Companies, Inc.