Hunt Oil Real Estate Unit Continues Financing Push

Law360, New York (January 9, 2012, 3:13 PM EST) -- Hunt Consolidated Inc., oilman Ray L. Hunt's business empire, has provided funding for Trinsic Residential Group, a new developer focused on building and buying apartment complexes in major Texas markets and beyond, Hunt announced Monday.

Real estate unit Hunt Realty Investments Inc. expanded its investment portfolio, capitalizing Trinsic through subsidiary Ackard Street Partners, which Hunt formed in partnership with the Teacher Retirement System of Texas to provide financing for promising real estate developers, the firm said. The funding terms are confidential.

“Trinsic Residential Group anticipates the...
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