Lument Provides $21.9 Million Bridge Loan for Multifamily Community in Jacksonville, Florida
Lument has announced the closing of a $21.9 million proprietary bridge loan to acquire and renovate Pinebrook Apartments, a 208-unit garden-style apartment community in Jacksonville, Florida. The deal was led by Owen Breheny, managing director at Lument. The sponsor, Bella Property, LLC, is a repeat client of Lument. Bella Property will fully manage the......